[Asia Economy Reporter Lee Seon-ae] On the 9th, EcoPro BM's stock price showed a strong performance. The news of a contract worth 10 trillion won was announced, setting a 52-week high.
On this day, EcoPro BM's stock price rose to 400,000 won in early trading, marking a 52-week high. As of 9:17 AM, the current stock price is 361,400 won, up 7.34% from the previous day.
EcoPro BM disclosed that it signed a sales contract for high-nickel cathode materials (NCM) for electric vehicles (EV) with SK Innovation worth 10.1102 trillion won. The contract period is from January 1, 2024, to December 31, 2026, which corresponds to 1182.19% of last year's sales.
The company stated, "The sales price applied to actual transactions after the contract period begins will be finally determined based on raw material market prices at that time," and added, "We will provide further notice through a single sales and supply contract disclosure when the contract period starts."
Both companies plan to actively cooperate across all areas of cathode materials with EcoPro, the holding company of EcoPro BM, to strengthen material competitiveness in the future.
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