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Blue Xiaoke Technology: Termination of Salt Lake Lithium Extraction Daily Operations Contract
People’s Financial News, March 16 — Blue X Technology (300487) announced on March 16 that it previously signed a “Sale Contract for 3,000 Tons of Battery-Grade Lithium Carbonate Lithium Extraction Equipment” with HANACOLLAS A. (referred to as “HANACOLLA”). The company planned to sell salt lake lithium extraction systems to HANACOLLA, with a contract amount of $25 million. The sales contract is still valid and partially fulfilled. However, due to changes in the overall project plan, both parties mutually agreed to terminate the sales contract and signed a termination agreement. The signing of this termination agreement will not have a significant impact on the company’s current operating performance and financial condition, nor does it harm the interests of the company and all shareholders.