Core Viewpoint - The recent price increase of lithium iron phosphate (LFP) has garnered significant market attention, driven by rising upstream raw material costs and strong downstream demand, leading LFP producers to seek price hikes to alleviate losses [1] Company Summary - Longpan Technology (02465) saw its stock rise over 3%, specifically by 3.04%, reaching HKD 13.54, with a trading volume of HKD 79.34 million [1] Industry Summary - The LFP industry is currently experiencing tight supply and demand dynamics, with many companies operating at full capacity [1] - Companies in the LFP sector are actively communicating with downstream customers to implement price increases, which is expected to significantly reduce losses in their LFP business [1]