Securities code: 002812 stock abbreviation: Yunnan Energy New Material Co.Ltd(002812) Announcement No.: 2022-006 bond Code: 128095 bond abbreviation: Enjie convertible bonds
Yunnan Energy New Material Co.Ltd(002812)
Announcement on the signing of major contracts by the holding subsidiary Shanghai Enjie New Material Technology Co., Ltd
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. Shanghai Enjie New Material Technology Co., Ltd., the holding subsidiary of the company, has signed a production pricing contract for lithium battery isolation membrane products with an overseas large vehicle enterprise (hereinafter referred to as the “cooperative customer”) and will perform it from 2022. The contract stipulates the product pricing mode, supply mode, product standard and other contents during the business cooperation period, but according to the contract, The cooperative customers do not guarantee the product purchase quantity, and the subsequent cooperative customers will put forward the purchase demand by order. Therefore, the impact of the signing of this contract on the company’s future business performance depends on the specific orders of subsequent cooperative customers, which is uncertain.
2. The contract has made clear provisions on the effective conditions, performance period and other contents, and all parties to the contract are capable of performing the contract. However, in the process of performing the agreement, in case of the impact of unpredictable or force majeure factors such as policy, market environment and foreign exchange, the risk that the contract cannot be performed normally may be caused.
1、 Contract signing overview
Recently, Shanghai Enjie New Material Technology Co., Ltd. (hereinafter referred to as “Shanghai Enjie”), a holding subsidiary of Yunnan Energy New Material Co.Ltd(002812) (hereinafter referred to as “the company”), signed a production pricing agreement (hereinafter referred to as “the contract”) with an overseas large automobile enterprise, which agreed that as of January 1, 2022, Shanghai Enjie and its subsidiaries supply lithium battery isolation membrane products to the cooperative customers and their authorized parties. The actual purchase quantity and sales amount shall be subject to the purchase order issued by the cooperative customers.
2、 Basic information of counterparty
The cooperative customer is a large overseas automobile enterprise, which has no relationship with the company and its controlling shareholders, actual controllers, directors, supervisors and senior managers in terms of property rights, business, assets, creditor’s rights and debts, personnel, etc. The cooperative customers are in good operating condition, with good reputation and performance ability.
Securities code: 002812 stock abbreviation: Yunnan Energy New Material Co.Ltd(002812) Announcement No.: 2022-006 bond Code: 128095 bond abbreviation: Enjie convertible bonds
3、 Main contents of the contract
1. Contract object: lithium battery isolation membrane
2. Sales quantity and price of the subject matter of the contract: from 2022 to 2024, Shanghai Enjie and its subsidiaries guarantee that the supply quantity to the cooperative customers will not exceed 1.65 billion square meters; From 2025, Shanghai Enjie and its subsidiaries guarantee that the supply quantity will not exceed 900 million square meters / year. The actual purchase quantity shall be subject to the purchase order issued by the cooperative customer and its authorized party, and the sales price shall be implemented according to the price agreed in the agreement.
3. Term of performance of the contract: it shall be valid for a long time from January 1, 2022, unless both parties jointly terminate it in writing. If one party violates its major obligations under the contract and fails to correct the breach within 30 days after the non breaching party sends a written notice, the non breaching party may terminate the contract.
4、 Impact of contract on the company
This contract is a sales contract in the company’s existing product field. The company has the ability to perform this contract in terms of capital, personnel, technology and existing production capacity. The signing of this contract is conducive to strengthening the long-term and stable cooperative relationship between the company and its cooperative customers, improving the company’s sustainable profitability and global market competitiveness, and contributing to the company’s long-term development.
This contract will be performed from 2022 and revenue will be recognized in relevant years. If this contract is fully performed, it will have a positive impact on the company’s operating performance from 2022. The specific amount and time of impact will be determined according to the implementation of this contract. 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 independence of the company’s business, and there is no dependence on the cooperative customers due to the performance of the contract.
5、 Risk tips
According to the contract, the cooperative customers do not guarantee the product purchase quantity, and the subsequent cooperative customers will put forward the purchase demand by order. Therefore, the impact of the performance of this contract on the company’s future operating performance is uncertain. The contract has clearly agreed on the effective conditions, performance period and other contents, and all parties to the contract are capable of performing the contract. However, during the performance of the contract, in case of the impact of unpredictable or force majeure factors such as policy, market environment and foreign exchange, the risk of failure to perform the contract normally may be caused.
Please invest rationally and pay attention to investment risks.
Securities code: 002812 stock abbreviation: Yunnan Energy New Material Co.Ltd(002812) Announcement No.: 2022-006 bond Code: 128095 bond abbreviation: Enjie convertible bonds
6、 Documents for future reference
1. Production pricingagreement signed by both parties
It is hereby announced.
Yunnan Energy New Material Co.Ltd(002812) board of directors January 14, 2002
