Core Viewpoint - Longpan Technology (02465.HK) plans to expand its high-performance lithium iron phosphate production capacity through a collaboration with the Jiangsu Jintan Huaguo Geng High-tech Industrial Development Zone Management Committee, involving an investment of up to 2 billion yuan for a new production base [1] Group 1: Project Details - The project will be executed by Longpan's subsidiary, Changzhou Liyuan New Energy Technology Co., Ltd., which will establish 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 capped at 2 billion yuan, with funding sourced from the company's own or self-raised funds [1] - The production base will be developed in two phases, with the first phase targeting a construction capacity of 120,000 tons, and the second phase will be initiated based on market conditions [1]