Huayou Cobalt (603799.SH) signed a memorandum of understanding on ternary precursor products

Zhitong Finance App News, Huayou Cobalt (603799.SH) issued an announcement. The company signed a binding “Memorandum of Understanding” with an internationally renowned customer, agreeing that the company's subsidiary will supply 79,600 tons of ternary precursor products to the customer's designated buyer during the term of the agreement.

The implementation of this memorandum of understanding will not have a significant impact on the company's business performance in 2025, and will not affect the company's business or operational independence. Once officially delivered, it is expected to have a positive impact on the company's operating performance.