Guangdong Jiayuan Technology(688388.SH) has reached a cooperation framework agreement with Contemporary Amperex Technology.

Guangdong Jiayuan Technology (688388.SH) announced that the company (Party B) has reached a "Cooperation Framework Agreement" with Contemporary Amperex Technology (Party A) to deepen their long-term procurement cooperation relationship. Both parties agree to further expand the depth and breadth of their business relationship, with Party A selecting Party B as the preferred supplier of copper foil products based on Party B meeting Party A's requirements. Both parties agree to establish a long-term partnership, and to carry out comprehensive cooperation in the supply, research and development, and production of new battery negative electrode collector materials (including but not limited to copper foil for solid-state batteries). For products developed through joint cooperation, Party A will select Party B as the preferred supplier of the new product if Party B meets Party A's requirements. Based on its operational situation, Party A plans to purchase battery negative electrode collector materials from Party B.