深圳四方精创资讯股份有限公司Shenzhen Forms Syntron Information Co., Ltd.06700.HK
与客户A及客户B订有主协议至2028年到期
We have established long-term collaborative relationships with Customer A and Customer B mainly under master agreements that provide a stable foundation for our partnerships.
Business · 第 158 页
The contract term with the parent company of the Customer B group is three years and will expire at the end of 2028.
Business · 第 158 页
We have established master agreements with our major customers and have not encountered any difficulty in renewing them.
In January 2025, we entered into a three-year legally binding strategic cooperation agreement with Customer A setting out specific cooperation goals, scope and scale.
Business · 第 148 页
To strategically support the continuing cooperation between our Group and Customer C, we have entered into legally binding framework sales agreements with Customer C on a consecutive basis since 2022.
Business · 第 149 页
The latest framework agreement was entered into on 9 October 2025 for a term of one year expiring on 8 October 2026.
昆仑新能源材料技术（宜昌）股份有限公司Kunlun New Energy Materials Technology (Yichang) Co., Ltd.
框架购销协议不设最低承诺并含价格调整机制
There is no agreed minimum purchase commitment under the framework agreements.
Business · 第 150 页
The framework procurement agreements typically do not specify a minimum procurement amount.
Business · 第 166 页
We have been supplying Group A with our electrolyte products on a continuous basis since 2018 and are currently party to a three-year framework agreement with Group A.
We generally enter into legally binding sales framework agreements with our major customers, followed by individual sales contract for each individual purchase.
Business · 第 138 页
We have entered into long-term agreements with the majority of our major customers with a term of over three years, and have maintained business relations with our key customers of acoustic enhancement material products for over seven years.
We have established strategic cooperation partnerships with the following Class III Grade A hospitals: a public tertiary hospital located in Liaoning Province, the Affiliated Hospital of Yanbian University, and Xianyang Hospital of Yan’an University. These agreements typically have terms ranging from two to ten years.
Business · 第 148 页
This collaboration not only provides us with a significant and predictable volume of clinical trial projects but also serves as a demonstration site for our integrated platform, promoting its adoption by other medical institutions.
Business · 第 148 页
We worked with 296, 324, 539 and 563 partner hospitals in 2023, 2024 and 2025 and the six months ended June 30, 2026 respectively.
During the Track Record Period, we entered into a ten-year sales agreement with one major customer for the sales of X-by wire solution from 2023 to 2033.
Business · 第 153 页
Meanwhile, we entered into five framework agreements with our major customers for the sale of brake-by-wire solutions without fixed contract terms.
Business · 第 153 页
There is no material breach of these agreements during the Track Record Period and up to the Latest Practicable Date.
大秦数字能源技术股份有限公司Dyness Digital Energy Technology Co., Ltd.
2025年起订立含销售目标及调价条款的分销协议
Partly as a response to our gross loss attributable to certain legacy inventory as detailed in “Financial Information — Our Gross Loss in 2024,” we began formalizing these arrangements by entering into standard distribution agreements with our distributors starting in 2025.
Business · 第 149 页
As of December 31, 2025, we had entered into distribution agreements with 68 distributors in aggregate whose sales in aggregate generated approximately RMB1,199.1 million, representing approximately 47.5% of our total revenue in 2025, and we are continuing to enter into such agreements with more distributors.
Business · 第 151 页
For certain distributors, the Company may adjust purchase prices with at least one month’s prior notice in response to changes in raw material costs, market conditions or prevailing market price trends.
We have maintained a strong and successful partnership with Customer A for approximately 12 years since 2013 and with Customer B for approximately 14 years since 2011.
Business · 第 141 页
Our collaborations with Customer A and Customer B are both governed by long-term framework agreements. These framework contracts establish the foundational scope, terms, and quality standards for our contract manufacturing services.
Business · 第 141 页
These agreements are generally non-exclusive with no minimum purchase obligations.
无锡东恒新能源科技股份有限公司Wuxi Dongheng New Energy Technology Co., Ltd.
2025年与最大客户订立三年期合作框架协议
In recognition of the strategic importance of our products to its supply chain and future technology roadmap, Customer A entered into an cooperation agreement with us in 2025 to secure a stable supply of our high-performance conductive carbon material products.
Business · 第 132 页
- Term: The agreement is valid for a period of three years unless either party provides written notice of termination.
Business · 第 132 页
- Pricing: Customer A may request quotations from time to time, and we are generally required to provide quotations within the timeframe specified by Customer A.
广东金晟新能源股份有限公司Guangdong Jinsheng New Energy Co., Ltd.
长期销售合同采用动态定价逐月结算
We maintain long-term sales contracts with certain customers that require product delivery in installments over a period of time.
Financial Information · 第 202 页
In 2023, 2024 and 2025, the number of our contracts that adopted dynamic pricing and settlement arrangement was 7, 31 and 20, respectively, generating gross profits of RMB2.0 million, RMB12.5 million and RMB10.9 million, respectively.
Financial Information · 第 202 页
As such, the dynamic pricing mechanism enabled the Group to capture the upward price trend, realizing an incremental average selling price of approximately RMB11,300 per ton, representing about 30% of the contract's monthly selling price.
These framework agreements typically define the scope of services, pricing mechanisms, fulfillment standards and compliance requirements, and form the basis for ongoing cooperation.
Business · 第 105 页
We typically enter into long-term framework agreements with customers, which may be renewed or terminated in accordance with agreed conditions.
Business · 第 105 页
We typically enter into long-term framework agreements with suppliers, generally around two years, which may be renewed or terminated in accordance with agreed conditions.
In addition, we have entered into a cooperation memoranda with a leading automotive OEM, under which such OEM expressed a non-binding intention to procure several types of battery products supplied by us over the next three years.
Summary · 第 5 页
In addition, we have entered into agreements with certain leading automotive OEMs regarding their procurement of our battery products.
Business · 第 162 页
We are in advanced engagement with a leading automotive OEM for the supply of our solid-liquid hybrid batteries as standard-fit batteries for its HEV models, with mass production delivery expected to commence in 2027, and we expect this to become one of our primary revenue contributors over the next three years.
The agreement is valid for a period of three years and will be automatically renewed for an additional three-year term unless either party provides written notice of termination.
Business · 第 162 页
Customer A's purchase is based on its actual demand. We do not impose minimum purchase requirement on Customer A.
Business · 第 163 页
We are not the exclusive radar supplier for any single vehicle model of Customer A.
For our integrated marketing services, we have entered into annual contracts with Customer Group A. For our marketing technology services, we have entered into an eight-year long-term binding contract with Customer Group A.
Business · 第 149 页
As such, our Directors believe the established integration of our solutions, along with our familiarity with their processes and operational requirements, means it is more practical and cost-effective for Customer Group A to continue utilising our services.
During the Track Record Period, the numbers of modules we sold to Customer F were 271.2 thousand units, 477.1 thousand units, 791.1 thousand units, and 690.9 thousand units.
Business · 第 241 页
As of the Latest Practicable Date, the design-win had been applied for over six vehicle models of Customer F.
Business · 第 241 页
However, because our module is custom-developed and deeply integrated into the vehicle’s design, it is generally less feasible for the customer to switch to an alternative supplier for that specific vehicle model post-development.
无锡先导智能装备股份有限公司WUXI LEAD INTELLIGENT EQUIPMENT CO., LTD.00470.HK
与宝马、大众等国际客户签两年期框架合作协议
We are concurrently focused on accumulating high-quality overseas customers and maintaining close collaborations with leading international companies, such as BMW, Volkswagen, ACC, Siemens and Ford.
Business · 第 210 页
Our framework cooperation agreement with them typically has a term of two years, subject to automatic renewal upon expiration if neither party objects in writing.
Business · 第 210 页
The customer shall, under equal conditions, prioritize procurement from us and give preference to collaborating with us on significant projects, as well as share information regarding supply chain resources and other resources with us.
Cyantron Group will utilize these leased trucks along with its own fleet to provide container truck transportation services to Sinotrans, as well as third-party logistics customers, giving priority to Sinotrans when conditions are equal.
Business · 第 349 页
Cyantron Group entered into a transportation services framework agreement (and supplemented by a supplemental agreement dated August 22, 2025) (the "Transportation Services Framework Agreement") with Sinotrans, pursuant to which Cyantron Group provides transportation services (the "Transportation Services") to Sinotrans to fulfill its freight orders across China for a term of three years from March 16, 2025 to March 15, 2028, which may be renewed as the parties may mutually agree.
Business · 第 351 页
Either party may terminate the lease with a 30-day advance written notice and obtaining the other party’s consent.
Our Group entered into framework agreements with Customer A in 2016.
Business · 第 243 页
These framework agreements are typically subject to renewal every 12 months.
Business · 第 243 页
Our Directors confirm that the transactions between Customer A and our Group during the Track Record Period were on normal commercial terms, similar to the other JDM agreements that we had entered into with other customers during the Track Record Period.
金叶国际集团有限公司GOLDEN LEAF INTERNATIONAL GROUP LIMITED08549.HK
与Customer A的三年期总协议
In respect of our term contracts, the revenue derived from which was substantially attributable to the Master Agreement during the Track Record Period, accounting for approximately 96.1% and 97.7% of our revenue attributable to term contracts for FY2023/24 and FY2024/25, respectively.
Business · 第 174 页
Three years, commencing from 30 July 2023 and expiring on 29 July 2026.
Business · 第 174 页
We entered into the Master Agreement on a fixed-term contract basis with Customer A (as project owner), in which Customer A would issue works orders and instructions to us and we are responsible for performing the works in accordance with such works orders and instructions.
We generally enter into framework agreements with or directly receive purchase orders from our customers.
Business · 第 286 页
Our customers generally retain discretion as to whether and when to place orders with us under the framework agreements.
Business · 第 286 页
Accordingly, the orders placed by our automotive customers under the framework agreements may fluctuate from period to period and may not always materialize into actual purchase orders.