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XTC New Energy Ties Up With Sunwoda Electronic Unit to Develop Solid-State Battery Materials; XTC's Shares Slump 6%
Jointly developing Solid State Battery, Sunwoda Electronic partners with Xiamen Tungsten New Energy | Quick Read Announcement.
1. Sunwoda Electronic and Xiamen Tungsten New Energy have signed a "Global Strategy Cooperation Framework Agreement" focused on the research and development of Solid State Battery electrolytes and related materials; 2. Currently, Sunwoda Electronic's Solid State Batteries are in the laboratory stage, and Xiamen Tungsten New Energy is collaborating with battery companies to develop a brand new structure for Cathode Material.
Xiamen Tungsten New Energy (688778.SH): Signed the "Global Strategy Framework Agreement on Solid State Battery" with Sunwoda Electronic.
On December 12, 2023, Gelonghui reported that Xiamen Tungsten New Energy (688778.SH) announced that based on the complementarity and compatibility of both parties in strategic cooperation, to maximize the advantages in technology, engineering, resources, production lines, and production capacity, enhance corporate efficiency, and achieve win-win cooperation, the company signed the "Solid State Battery Strategic Cooperation Framework Agreement" (hereinafter referred to as "this Agreement") with Sunwoda Electronic on December 11, 2024, to leverage both parties' market and technological advantages in their respective fields, promote the industrialization of a series of new energy battery materials for solid-state batteries, establish a deep strategic cooperation relationship, and jointly develop solid-state batteries.
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