Lopal Technology Signs Continuing Connected Transaction Agreement with LG Energy Solution

Corporate Action
โดย CLS·CNKR·Read original
Summary · why it matters

Lopal Technology has signed a continuing connected transaction agreement with LG Energy Solution, Ltd. Since LG Energy Solution holds a 20% stake in the company's third-tier subsidiary, Lopal Indonesia, it is regarded as a connected person under the Hong Kong Listing Rules. To regulate transactions between the two parties, the company has entered into separate continuing connected transaction agreements with LG Energy Solution for procurement and sales, and has set annual caps for the transaction amounts from 2026 to 2028. These transactions do not constitute connected transactions under the rules of the Shanghai Stock Exchange.

Impact on stocks 2

Energy Transition & Power Demand · 1 stocks
LG Energy Solution Ltd
373220
▲ PositiveDemandrelevance

Enters into continuing connected transaction agreements with Lopal Technology, facilitating ongoing supply and procurement.

Others · 1 stocks
Jiangsu Lopal Tech Co Ltd
603906
▲ PositiveDemandrelevance

Secures continuing connected transaction agreements with LG Energy Solution for procurement and sales, ensuring stable business relationship.

Off-coverage companies 1

锂源(印尼)Private▲ Positive
Demandrelevance

As the subsidiary involved, benefits from the regulated transactions with LG Energy Solution.