Core Viewpoint - Longpan Technology (02465) is expanding its high-performance lithium iron phosphate production capacity through a partnership with the Jiangsu Jinshan Hualuogeng High-tech Industrial Development Zone Management Committee, aiming to meet market demand and enhance production capabilities [1] Group 1: Project Overview - The project involves Longpan's subsidiary, Changzhou Liyuan New Energy Technology Co., Ltd., signing a cooperation agreement to establish a high-performance lithium battery cathode material project [1] - The project will include the construction of 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] Group 2: Implementation Phases - The production base will be developed in two phases, with the first phase targeting a construction capacity of 120,000 tons [1] - The second phase will be initiated based on market conditions, allowing for flexibility in project execution [1]