Does the company currently have an annual production capacity of 152,000 tons of lithium iron phosphate? Has it achieved full production and sales?

Fulin Precision: Hello, the company's current lithium iron phosphate production capacity is 152,000 tons. The company has invested in the construction of the "150,000 tons per year new high-pressure compacted lithium iron phosphate and supporting main materials integrated project" in Yichun Economic Development Zone. The preliminary preparations are already underway. It is expected to be completed and put into production by the end of December 2023. It is expected to have an annual production capacity of 300,000 tons by the end of 2023. The company's newly constructed production capacity will also have the process and production requirements of two materials, lithium iron phosphate and lithium manganese iron phosphate. With the further increase in production capacity and the upgrade of the supply chain, scaled cost reduction will be gradually achieved, thereby continuously improving the profitability of the lithium battery positive electrode material business. Thank you for your attention!