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Xinlun Composite Technology (Changzhou) Co., Ltd., a subsidiary of Xinlun Technology, signed a strategic cooperation and procurement framework agreement with Fenergy Technology (Ganzhou) Co., Ltd. From May 2018 to December 2020, Fenergy will purchase lithium-ion battery aluminum-plastic film products totaling at least 19 million square meters, with an estimated value of no less than CNY 500 million.