I would like to ask how much lithium iron phosphate can be guaranteed to be supplied each year in the cooperation between the company and CATL? Have they signed a long-term contract to lock in the price? When will the 50,000-ton project be completed?

Fulin Precision: Hello, it is expected that the lithium iron phosphate supplied exclusively to CATL by the Sichuan Shehong plant will enter mass supply in August 2021, and gradually form an annual production capacity of 50,000 tons of lithium iron phosphate positive electrode materials. Thank you for your attention!