LG Energy Solution LtdEnters into continuing connected transaction agreements with Lopal Technology, facilitating ongoing supply and procurement.
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.
LG Energy Solution LtdEnters into continuing connected transaction agreements with Lopal Technology, facilitating ongoing supply and procurement.
Jiangsu Lopal Tech Co LtdSecures continuing connected transaction agreements with LG Energy Solution for procurement and sales, ensuring stable business relationship.
As the subsidiary involved, benefits from the regulated transactions with LG Energy Solution.