Hello, Secretary Dong, how is the progress of the 50,000-ton lithium iron phosphate electrode project that the company started to build at the beginning of the year? The original plan was to put it into production at the end of August. Has the construction of the 60,000-ton project started?

Fulin Precision: The 50,000-ton lithium iron phosphate cathode material project at the Sichuan Shehong base has completed equipment installation and has begun trial production. Jiangxi Shenghua plans to invest in a new 250,000-ton lithium iron phosphate cathode material project with an annual output of 60,000 tons of lithium iron phosphate cathode material. The project is scheduled to start construction in September 2021 and be put into production before October 2022. Thank you for your attention!