龙蟠科技拟投建年产24万吨高压实磷酸铁锂项目 进一步扩充高端产品产能

Core Viewpoint - Longpan Technology plans to invest up to 2 billion yuan in a new R&D center and a production base for high-pressure lithium iron phosphate with an annual capacity of 240,000 tons, driven by the growing demand in the electric vehicle and energy storage markets [1] Group 1: Project Investment and Development - Longpan Technology's subsidiary, Changzhou Liyuan New Energy Technology Co., Ltd., will implement the project in two phases, with the first phase targeting a capacity of 120,000 tons and expected to be completed by Q3 2026 [1] - The investment is part of a strategic layout to extend business and leverage synergies, aiming for stable and healthy development [1] Group 2: Market Demand and Orders - The demand for lithium iron phosphate batteries is increasing due to their high safety, making them the mainstream choice for installations [1] - Since 2025, Longpan Technology has signed long-term orders with major clients, including a contract with Chuangneng New Energy for 1.3 million tons of lithium iron phosphate, estimated at over 45 billion yuan [2] Group 3: Capacity Expansion and Technology - To alleviate delivery pressure, Longpan Technology has been expanding production, focusing on high-performance lithium iron phosphate products [3] - The company has advanced technologies for high-power spherical LFP production and has received certifications from major clients, with plans to increase shipment ratios in 2026 [3] Group 4: Industry Challenges and Pricing - Despite growing demand, the overall profitability in the lithium iron phosphate industry remains low due to cost and market competition pressures [4] - Longpan Technology announced a planned production reduction of approximately 5,000 tons for maintenance in January 2026, as part of a broader industry effort to stabilize prices [4]