Yunnan Energy New Material Co.Ltd(002812) may 4 announced that semcorp Hungary KFT, a subsidiary of the company, and French automotive cells company se (hereinafter referred to as "ACC") signed a purchasing agreement based on the willingness of both parties to cooperate, agreeing to supply about 655 million euros of lithium battery isolation film products to ACC from 2024 to 2030.
According to the disclosure, the delivery period of the contract is from 2024 to 2030, which is expected to have a positive impact on the company's operating performance from 2024 to 2030. The company will recognize the revenue in the corresponding accounting period in combination with the specific supply situation, according to the contract requirements and revenue recognition principles, and continuously disclose the performance of the contract in the regular report in accordance with the relevant disclosure regulations.
The company said that the signing of the contract indicates that the company has made positive progress in the overseas market development of power battery isolation membrane, which will help to further improve the company's profitability and consolidate the company's competitive advantage in the international market.
