LOPAL(SH:603906) Zhi Tong Cai Jing·2025-08-20 13:10Group 1 - The company, Longpan Technology, plans to issue up to approximately 205.5 million A-shares to no more than 35 specific investors, raising no more than 2 billion yuan (including the principal) [1] - The raised funds will be allocated to two high-performance phosphate-based cathode material projects, one with a capacity of 110,000 tons and another with 85,000 tons, as well as to supplement working capital [1] - The fundraising projects will closely align with the company's lithium iron phosphate cathode material business, further meeting market demand and expanding production capacity, which is in line with the company's development strategy [1] Group 2 - The company's main business profitability is expected to improve further, and its scale will expand, enhancing its market competitiveness [1] - After the completion of this issuance, the company's main business scope will remain unchanged, and there will be no business or asset integration plans resulting from this issuance [1]