SD Lomon(SZ:002312) Chang Jiang Shang Bao·2025-07-03 23:31Group 1 - The core viewpoint of the article is that Chuanfa Longmang is accelerating its layout in lithium battery materials projects through a partnership with Fulim Precision, aiming to establish a joint venture for the production of lithium iron phosphate and lithium dihydrogen phosphate precursor projects [1][2][3] - The joint venture will invest in a new 100,000 tons/year high-pressure lithium iron phosphate project and a 100,000 tons/year lithium dihydrogen phosphate precursor project, enhancing the integration of upstream resources to the cathode material supply chain [1][2] - Chuanfa Longmang has a strong foothold in the phosphate chemical industry, with phosphate ore reserves of approximately 130 million tons and an annual production capacity of 4.1 million tons, achieving a 16.01% year-on-year increase in actual phosphate production in 2024 [2][4] Group 2 - The company reported a revenue of 8.178 billion yuan in 2024, a year-on-year increase of 6.10%, and a net profit of 533 million yuan, a significant year-on-year growth of 28.62% [4][5] - Total assets of Chuanfa Longmang increased from 7.784 billion yuan at the end of 2019 to 19.37 billion yuan by the end of 2024, marking a growth of approximately 148.84% over five years [5] - The company has committed to innovation, with a total R&D investment of 795 million yuan from 2020 to 2024, supporting its dual-driven strategy in phosphate chemicals and new energy materials [5]