Core Viewpoint - The company, Fulin Precision, is investing in new lithium iron phosphate precursor projects to secure raw material supply for its high-end energy storage lithium iron phosphate production, aiming to expand its production capacity and optimize costs [1] Group 1: Project Details - The subsidiary, Jiangxi Shenghua, plans to establish two new projects in Wushenqi: a 400,000-ton new lithium iron phosphate precursor oxalic acid project and a 600,000-ton new lithium iron phosphate precursor ferrous oxalate project [1] - The 400,000-ton project will be a joint venture between Jiangxi Shenghua and Inner Mongolia Zhuozheng, with a 40%-60% equity ratio, covering an area of approximately 350 acres and requiring a total investment of 1.2 billion yuan, with a construction period of 24 months [1] - The 600,000-ton project will be managed by a newly established project company by Jiangxi Shenghua, also located in the same industrial park, covering about 500 acres, with an estimated investment of 1.5 billion yuan and a construction period of 14 months [1] Group 2: Strategic Importance - The investment in these new lithium iron phosphate precursor projects is aimed at meeting the company's demand for high-density lithium iron phosphate precursors, which will help further expand the company's lithium iron phosphate production capacity [1] - This initiative is expected to ensure the supply of upstream raw materials for the company's lithium iron phosphate business and contribute to cost optimization [1]
富临精工(300432.SZ)拟实施新型磷酸铁锂前驱体项目 保障原料供应