Fengyuan Group: The company's utilization rate of lithium iron phosphate production capacity remains high, with corresponding research and development in the field of solid-state battery cathode materials.

Fengyuan shares stated at the securities firm strategy meeting that the company has completed a lithium iron phosphate production capacity of 225,000 tons, with 75,000 tons under construction, and the capacity utilization rate remains high. Since the fourth quarter of 2025, benefiting from the continuous growth in downstream demand, the company's current capacity utilization rate has been maintained at a high level, showing a month-on-month increase. The company has corresponding research and development in solid-state battery cathode materials, and has also invested in solid-state battery companies.