Longpan Technology announced on December 24 that the company's 2021 non-public stock offering project “Large-scale Production Project for New Energy Vehicle Power and Energy Storage Battery Cathode Materials” aims to build a production capacity of 150,000 tons of lithium iron phosphate cathode materials per year in three phases in Suining, Sichuan. Up to now, the 25,000 tons/year production capacity of the first phase project and the 62,500 tons/year production capacity of the second phase project have been completed and put into operation. The company plans to change the construction content of the third phase project and increase the planned production capacity from 62,500 tons/year to 100,000 tons/year.

Longpan Technology announced on December 24 that the company's 2021 non-public stock offering project “Large-scale Production Project for New Energy Vehicle Power and Energy Storage Battery Cathode Materials” aims to build a production capacity of 150,000 tons of lithium iron phosphate cathode materials per year in three phases in Suining, Sichuan. Up to now, the 25,000 tons/year production capacity of the first phase project and the 62,500 tons/year production capacity of the second phase project have been completed and put into operation. The company plans to change the construction content of the third phase project and increase the planned production capacity from 62,500 tons/year to 100,000 tons/year.