响应反内卷，磷酸铁锂行业发布自律倡议

Core Viewpoint - The report highlights ongoing challenges in the lithium iron phosphate (LFP) industry, including persistent losses among companies, volatile lithium resource prices, low overall capacity utilization, and frequent low-level redundant construction, which threaten both the sustainability of the industry and its international competitiveness [1][2]. Group 1: Industry Challenges - Many companies in the LFP sector are experiencing continuous losses, exacerbated by significant fluctuations in lithium resource prices [2][3]. - The overall capacity utilization rate in the industry remains low, with a concerning trend of repeated low-level construction [1][2]. - These issues not only harm individual companies but also pose serious challenges to the sustainable development of the entire supply chain [1][2]. Group 2: Self-Regulation Initiative - The China Chemical and Physical Power Industry Association has released a draft proposal aimed at maintaining a healthy and orderly development of the LFP materials industry [2]. - The initiative calls for strict adherence to national laws and regulations to combat unfair competition, including the prohibition of selling below cost and the abuse of market dominance [2][3]. - A proposal to establish a "cost price index for LFP products" is included, which would be compiled by a qualified third-party organization to provide objective pricing references for companies [2][3]. Group 3: Supply Chain Collaboration - The initiative encourages upstream and downstream companies to strengthen strategic cooperation by signing long-term agreements and referencing futures market prices to build a resilient supply chain ecosystem [3]. Group 4: Capacity Management and Industry Standards - Companies are advised to implement dynamic management of capacity utilization, with a recommendation to pause new capacity plans if utilization falls below 70% [5]. - The industry is urged to collectively halt new expansions if overall capacity utilization drops below 60%, focusing instead on technological upgrades and management optimization [5]. - The establishment of high industry entry standards is proposed, based on existing regulations, to ensure that LFP material companies meet specific technical, energy consumption, and environmental protection criteria [5]. Group 5: Innovation and Quality Focus - The initiative signals a shift from extensive scale expansion to a focus on quality, efficiency, and innovation within the LFP industry [6]. - If effectively implemented, the initiative could stabilize market order and alleviate pressure on companies in the short term, while promoting industry consolidation and upgrading in the long term [6]. Group 6: Investment Strategy - The report suggests focusing on companies within the LFP supply chain that possess technological leadership and strong cost advantages, such as Hunan Youneng and Defang Nano [7].