Core Viewpoint - Longpan Technology (603906) announced a collaboration with the Jiangsu Jintan Huatuo Geng High-tech Industrial Development Zone Management Committee to establish a high-performance lithium battery cathode material project, indicating a strategic move into the lithium battery sector [1] Group 1: Project Details - The project will be executed by Changzhou Liyuan's wholly-owned subsidiary, Liyuan (Jiangsu) Technology Co., Ltd., which will invest in a research and development center and a production base with an annual capacity of 240,000 tons of high-pressure lithium iron phosphate [1] - The total planned investment for the project is not to exceed 2 billion yuan [1] - The production base will be implemented in two phases, with the first phase planned for 120,000 tons, and the second phase will be initiated based on market conditions [1]
龙蟠科技:拟投资不超20亿元建设高性能锂电池正极材料项目