龙蟠科技：公司已于8月21日发布2025年向特定对象发行A股股票预案

Core Viewpoint - Longpan Technology (603906) is actively pursuing a capital increase plan to fund high-performance phosphate-based cathode material projects, indicating a strategic focus on expanding production capacity and enhancing competitiveness in a challenging market environment [1] Group 1: Capital Increase and Project Plans - The company announced a plan on August 21 to issue A-shares to specific investors, with the aim of raising funds for two major projects: an 110,000-ton high-performance phosphate-based cathode material project in Shandong and an 85,000-ton project in Hubei [1] Group 2: Cost Control and Supply Chain Strategy - To manage costs, the company is implementing a vertical integration strategy, including a 40,000-ton lithium carbonate smelting project in Yichun, Jiangxi, to secure raw material supply [1] - The company is also adopting a demand-driven procurement strategy to minimize inventory impairment risks [1] Group 3: Market Position and Strategy - The industry is currently at the bottom of the cycle, and the company plans to enhance its competitiveness through internationalization strategies and product differentiation [1]