002709SZSE

Progress Announcement on the Signing of Procurement Cooperation Agreement with Chuangneng New Energy

✨ AI Summary

This announcement details the signing of a supplementary procurement cooperation agreement between Jiujiang Tianci and Chuangneng New Energy, increasing the expected supply of electrolyte products from at least 550,000 tons to at least 1,010,000 tons by December 31, 2030. The agreement aims to strengthen long-term cooperation and is expected to positively impact the company's performance from 2026 to 2030. The agreement does not require board or shareholder approval.

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Full Translation

AI Translation· azure_openai

Guangzhou Tianci High-tech Materials Co., Ltd. (stock code: 002709) Announcement No.: 2026-062

This company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.

Special Reminder:

  1. The signed agreement is a supplementary agreement to the "Production Materials Procurement Cooperation Agreement," mainly changing the procurement entities and expected quantities. The agreed procurement volume is based on both parties' forecasted demand, with actual execution subject to the agreement's implementation, which carries certain uncertainties.
  2. During the execution of the agreement, if unforeseen factors such as industry policies, market conditions, or economic circumstances arise, there may be risks that the agreement cannot be fully or timely executed.
  3. For the recent three years' disclosure of the framework agreement's subsequent progress, please refer to the main text of the announcement.

On July 15, 2025, Jiujiang Tianci High-tech Materials Co., Ltd., a wholly-owned subsidiary of Guangzhou Tianci, signed the "Production Materials Procurement Cooperation Agreement" (hereinafter referred to as the "Original Agreement") with Wuhan Chuangneng New Energy Co., Ltd., Xiaogan Chuangneng New Energy Innovation Technology Co., Ltd., and Yichang Chuangneng New Energy Innovation Technology Co., Ltd. (collectively referred to as "Chuangneng New Energy"). The Original Agreement stipulates that during its validity period (from the effective date of this agreement until December 31, 2030), Jiujiang Tianci is expected to supply a total of no less than 550,000 tons of electrolyte series products to Chuangneng New Energy. For details, please refer to the announcement disclosed by the company on July 17, 2025, on the Giant Tide Information Network (Announcement No.: 2025-082).

Summary of the Supplementary Agreement Signing

On June 1, 2026, the company's wholly-owned subsidiary Jiujiang Tianci signed the "Supplementary Agreement to the Production Materials Procurement Cooperation Agreement" (hereinafter referred to as the "Supplementary Agreement") with Chuangneng New Energy. The Supplementary Agreement stipulates that the procurement entity has been expanded to include Xiangyang Chuangneng New Energy Innovation Technology Co., Ltd., which will have equal rights with other entities of Chuangneng New Energy and will fulfill corresponding obligations based on its actual procurement behavior. Additionally, the supply volume of the electrolyte series products stipulated in the Original Agreement has been changed, with the expected supply volume adjusted from no less than 550,000 tons to no less than 1,010,000 tons during the validity period of the agreement (from the effective date of the Original Agreement until December 31, 2030), with specific procurement volumes subject to the customer's "Purchase Order." According to the "Shenzhen Stock Exchange Stock Listing Rules" and the company's articles of association, this matter does not require submission for board or shareholder review. This transaction does not constitute a related party transaction and does not constitute a major asset reorganization as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies."

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