Analysis of Longpan Technology's production capacity and utilization rate

As of April 24, 2024, Longpan Technology operates lithium iron phosphate cathode material production facilities in multiple regions. In 2023, the company's utilization rate declined due to factors such as the significant expansion of production capacity and the ramp-up period of new production lines. However, the production in 2023 has exceeded the total design capacity in 2022.