# Dao Shi Technology signs 59 billion yuan NCM precursor supply deal with Posco Chemical

Dao Shi Technology's subsidiaries Hong Kong Jiana and Guangdong Jiana signed a purchase contract with Posco Chemical for NCM (high-nickel) precursors. The contract runs from January 2023 to December 2025 with an estimated total value of 59 billion yuan.

- Type: Contract
- Announced: 2022-11-25
- Where: China
- Value: $8.20B (59.0B CNY)
- Status: announced
- Products: NCM precursor (high-nickel)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Dao Shi Technology](https://endata.com/companies/66861.md)
- [POSCO Chemical](https://endata.com/companies/44695.md) (customer)

## Sources

- [news.smm.cn](https://news.smm.cn/news/102015386), 2022-11-25: "道氏技术公告，公司子公司香港佳纳、广东佳纳与浦项化学签订NCM前驱体（高镍）《购买合同》."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.