Securities code: Yunnan Energy New Material Co.Ltd(002812) stock abbreviation: Yunnan Energy New Material Co.Ltd(002812) Announcement No.: 2022075 bond Code: 128095 bond abbreviation: Enjie convertible bonds
Yunnan Energy New Material Co.Ltd(002812)
Announcement on signing major contracts by subordinate companies
The company and all directors guarantee that the contents of this announcement are true, accurate and complete without false records, misleading statements or major omissions.
Special tips:
1. The performance period of the contract is long. During the execution of the contract, there are uncertainties or risks in laws, regulations, policies, performance capacity, technology, market and so on. At the same time, it may also face risks caused by major changes in the external macro environment, emergencies and other irresistible factors.
2. The successful performance of this contract is expected to have a positive impact on the company’s operating performance from 2024 to 2030.
1、 Contract signing overview
Recently, semcorp Hungary korl á tolt felelss é g t á RSAs á g (hereinafter referred to as “semcorp phungary KFT”), a subsidiary of Yunnan Energy New Material Co.Ltd(002812) (hereinafter referred to as “the company”), and French automotive cells companyse (hereinafter referred to as “ACC”) signed a purchasing agreement (hereinafter referred to as “the contract” or “the contract”) based on the willingness of both parties to cooperate, It is agreed that semcorp Hungary KFT will supply about 655 million euros of lithium battery isolation membrane products to ACC from 2024 to 2030. The contract will come into force from the date of signing by both parties.
2、 Basic information of counterparty
1. Company name: Automotive cells companyse
2. Registered address: 26 Quai Charles pasqua 92300 Levallois Perret, France 3. Registration number: 884638 586 r.c.s. Nanterre
4. Legal representative: Ghislain Marie Lescuyer
5. Registered capital: 180 million euros
6. Date of establishment: June 29, 2020
7. Main business: development and production of battery cells and modules for electric vehicles
Securities code: Yunnan Energy New Material Co.Ltd(002812) stock abbreviation: Yunnan Energy New Material Co.Ltd(002812) Announcement No.: 2022075 bond Code: 128095 bond abbreviation: Enjie convertible bonds
8. Description of association relationship: ACC has no association relationship with the company and its controlling shareholders, actual controllers, directors, supervisors and senior managers.
9. As of the date of this announcement, the company has no business similar to the subject matter of the above contract with acc.
10. Performance capability analysis: ACC is committed to developing and producing battery cells and modules of electric vehicles with good performance and high safety, with a total investment of about 7 billion euros. The world’s leading automobile manufacturers stellantis group, Mercedes Benz and total energy, the world’s leading diversified energy company, hold one-third of the shares of ACC respectively, Combined with the business scale and operation of the above-mentioned enterprises, the company believes that ACC has the corresponding performance ability.
3、 Main contents of the contract
1. Contract object: lithium battery isolation membrane products
2. Contract procurement: both parties agree that from 2024 to 2030, ACC will purchase lithium battery isolation membrane products from semcorpungarykft in batches, with a total amount of about 655 million euros.
3. Effectiveness and termination of the contract: the contract shall come into force from the date of signing by both parties and continue until December 31, 2030. Without prejudice to any other available rights and remedies, if a party seriously breaches its obligations under the contract, the non breaching party may send a written notice to the breaching party to remedy the breach. If the breach is not corrected within 30 days, the non breaching party may terminate all or part of the order and / or agreement.
4、 Impact of contract on the company
1. The company is a leading enterprise of lithium battery isolation membrane in the world. Its products have been widely recognized by many well-known customers at home and abroad, and its market competitive advantage is obvious. The signing of this contract indicates that the company has made positive progress in the overseas market development of power battery isolation membrane, which is helpful to further improve the profitability of the company and consolidate the competitive advantage of the company in the international market.
2. With the continuous release of the company’s lithium battery isolation membrane capacity, the delivery capacity of the company’s lithium battery isolation membrane products has been fully guaranteed. At the same time, after years of accumulation, the company has the ability to perform this contract in terms of capital, personnel and technology.
3. The total amount of this contract is about 655 million euros. Since the delivery period of this contract is from 2024 to 2030, it 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 conditions, according to the contract requirements and revenue recognition principles, and in accordance with the relevant disclosure regulations
Securities code: Yunnan Energy New Material Co.Ltd(002812) stock abbreviation: Yunnan Energy New Material Co.Ltd(002812) Announcement No.: 2022075 bond Code: 128095 bond abbreviation: Enjie convertible bonds
And continuously disclose the performance of the contract in the periodic report.
4. This contract is a daily operating contract and does not involve related party transactions. The signing and performance of this contract will not affect the business independence of the company and semcorp phungary KFT, and there is no dependence on ACC due to the performance of the contract.
5、 Risk tips
The performance period of the contract is long. During the execution of the contract, there are uncertainties or risks in laws, regulations, policies, performance capacity, technology, market and so on. At the same time, it may also face risks caused by major changes in the external macro environment, emergencies and other irresistible factors. Please invest rationally and pay attention to investment risks.
6、 Documents for future reference
1. Purchase agreement signed by both parties
It is hereby announced.
Yunnan Energy New Material Co.Ltd(002812) board of directors may 4, 2002
