Stellar DD once again Stock Farmer! If this were a deal struck by BYD or TSLA it would be all of the wire services... and this is only one deal of many that have been signed in the past few months.
It is a bit clearer now of why Han Zhiming gave a speech at the Shandong Long Star plant last week regarding productivity standards and how it relates to an ever increasing competitive EV industry. President Han knew all these deals were on the table and can foresee the need to produce up to a half million EVs PER YEAR by the time all these expansions are completed in the next few years.
When Han Jianfang said the company had disruptive EV battery technology and Wang said ZJMY had was going to be a world leader in producing electric vehicles they truly meant it!