On April 3rd, Tenpower and Dayi M&E Tools signed a strategic procurement cooperation agreement, which states that Dayi will procure 150 million units of NCA cylindrical battery from Tenpower through 2019 to 2021. By the end of 2019, Tenpower will have established 4 high speed 18650 production line, according to people familiar with the matter. Furthermore, Tenpower will have two fully operational high speed 21700 production line by the end of 2020.