CEC Environmental Protection subsidiary signs 53.5 million yuan lithium battery new materials equipment contract

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โดย Jiemian·CN·Read original
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CEC Environmental Protection Company Limited's holding subsidiary, Nanjing CEC Environmental Protection Technology Company Limited, has signed an equipment procurement contract for a lithium battery new materials integrated project with Qujing Zhanyi Defang Nano Technology Company Limited. The total contract value is 53.5 million yuan, including tax, accounting for approximately 7.47 percent of the company's audited 2025 annual revenue. The contract covers delivery, installation and commissioning, and technical support for TO furnace plus SCR equipment. Settlement is divided into a 20 percent advance payment, 40 percent upon delivery, 30 percent upon acceptance, and a 10 percent warranty deposit, with a warranty period of 12 months. Main equipment delivery is no later than October 15. Zhanyi Defang is a wholly owned subsidiary of Shenzhen Defang Nano Technology Company Limited. The company stated that the project will expand its flue gas treatment business into the lithium battery new materials market, while also noting risks such as uncertainty in performance contribution, contract fulfillment, and new business expansion.

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