Hello, as a lithium battery material manufacturer, your company's profits are so unsatisfactory. What is the specific reason? Thank you!

Fulin Precision: Hello, our subsidiary Jiangxi Shenghua currently has an annual production capacity of 12,000 tons. It underwent technical transformation and upgrading in the second half of last year and has experienced a ramp-up period of capacity release. The 50,000-ton lithium iron phosphate cathode material project at the Sichuan Shehong base is currently undergoing equipment installation and commissioning. It will take time for the capacity to ramp up and release after the new production line is put into production. The company plans to achieve mass supply within the year and gradually improve the profitability of the lithium battery cathode material business. Thank you for your attention!