Zheng Quan Shi Bao Wang·2025-10-28 12:41Core Viewpoint - The announcement highlights a strategic partnership between Chuanfa Longmang and Fujilin Precision Engineering to establish a joint venture focused on lithium iron phosphate production, indicating a significant investment in the new energy materials sector [1] Group 1: Investment Details - Chuanfa Longmang's wholly-owned subsidiary, Deyang Chuanfa Longmang, has signed an investment cooperation agreement with Jiangxi Shenghua New Materials, a subsidiary of Fujilin Precision Engineering [1] - The registered capital for the joint venture, named Fujilin Longmang New Materials Co., Ltd., is set at 660 million yuan, with Jiangxi Shenghua contributing 337 million yuan (51%) and Deyang Chuanfa Longmang contributing 323 million yuan (49%) [1] - The joint venture will focus on a project with an annual capacity of 175,000 tons of high-pressure lithium iron phosphate, with a total projected investment of 1.961 billion yuan [1]