Is the company's current demand for lithium iron phosphate in short supply or in excess? Is there any overcapacity?

Fulin Precision: Hello, the development of new energy industry and lithium battery terminal applications drives the development of lithium battery materials. The ever-increasing and widely different application scenarios will correspond to the demand for lithium battery materials with different technologies and performance indicators. The demand for mid-to-high-end lithium iron phosphate for new energy vehicles will further expand. Jiangxi Shenghua, a subsidiary of the company, seizes the development opportunities of the industry and relies on its advantages in technology, customers, resources, experience and other advantages in the lithium iron phosphate positive electrode material industry over the years. It cooperates with upstream and downstream leading companies to establish R&D cooperation relationships, continuously iterates technology, upgrades products and expands the core customer market, and continuously meets the needs of mid-to-high-end automobile OEMs. It insists on technological innovation and cost reduction and makes efforts in many aspects. It has sufficient technical reserves and cost advantages to meet future challenges; at the same time, it strengthens in-depth cooperation with ecological partners in the industrial chain, continuously enhances the company's comprehensive competitive advantages, and achieves rapid growth and high-quality development in the new energy industry track. Thank you for your attention!