Chuanfalongmang: The 60,000-ton/year lithium iron phosphate plant has been fully constructed and put into operation.

Chuanfa Longmang stated on the interactive platform that as of now, the progress of the company's new energy materials sector projects is as follows: First, the lithium iron phosphate project, where the 60,000 tons/year lithium iron phosphate unit in the De'A project has been fully completed and put into operation; at the same time, the company's wholly-owned subsidiary Deyang Chuanfa Longmang intends to cooperate with Furim Precision Holdings' subsidiary Jiangxi Shenghua to jointly build a 175,000 tons/year high-voltage dense lithium iron phosphate project and establish a joint venture company, Fulim Longmang New Materials Co., Ltd. Secondly, the iron phosphate project, where the 100,000 tons/year iron phosphate unit in the De'A project is undergoing equipment water testing and online commissioning; and part of the equipment in the 50,000 tons/year iron phosphate production line in Panzhihua project has been operating smoothly. Thirdly, the lithium hydrogen phosphate project, where the company's wholly-owned subsidiary Deyang Chuanfa Longmang plans to invest 366 million yuan to build a 100,000 tons/year lithium hydrogen phosphate project in the Deyang-Abba Ecological Economic Industrial Park in Mianzhu City, Sichuan Province, providing raw materials for the preparation of high-pressure and high-density lithium iron phosphate via the ferrous oxalate route.