Longpan Technology accelerates its overseas expansion and invests in building overseas production bases

Longpan Technology plans to invest in setting up a project company in Indonesia to invest in the construction of a "large-scale production project of positive electrode materials for new energy vehicle power and energy storage batteries". The project will build a production capacity of 120,000 tons of lithium iron phosphate positive electrode materials. At present, the company has deployed an overseas production base in Indonesia, and the first phase of the project of 30,000 tons is under commissioning.