Hello, may I ask whether the Shehong Phase II lithium iron phosphate project with an annual capacity of 80,000 tons has been put into production? Are the current production capacities of Phase I and Phase II fully utilized? Thank you!

Fulin Precision: Hello, the company's Shehong Phase II project with an 80,000-ton lithium iron phosphate production capacity was officially put into production on September 28, 2022, and the 60,000-ton production capacity of the Phase I project has been upgraded to full production. Shehong Phase I and Phase II have both the process and production requirements of lithium iron phosphate and lithium iron manganese phosphate, which can meet the diversified needs of customers and the market for phosphate positive electrode materials. At present, the company's subsidiary Jiangxi Shenghua Lithium Iron Phosphate has an annual production capacity of 152,000 tons in the short term, marking a new starting point for the company's new energy lithium battery positive electrode material business. Thank you for your attention!