Core Viewpoint - Longpan Technology (603906.SH) plans to expand its high-performance lithium iron phosphate production capacity through a partnership with the Jiangsu Jintan Huaguo Geng High-tech Industrial Development Zone Management Committee, aiming to invest up to 2 billion yuan in a new production base and R&D center [1] Group 1: Project Details - The project involves the establishment 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] - The construction of the production base will be executed in two phases, with the first phase targeting a capacity of 120,000 tons [1] Group 2: Strategic Importance - The investment project is aligned with the company's strategic layout to meet future development needs, focusing on existing customers and market structures [1] - The initiative aims to enhance the company's business extension, leverage synergies, and promote stable and healthy development [1] - The project is expected to continuously improve the company's overall competitiveness in the market [1]

Core Viewpoint - Longpan Technology (02465.HK) is expanding its high-performance lithium iron phosphate production capacity through a partnership with the Jiangsu Jintan Huaguo Geng High-tech Industrial Development Zone Management Committee, aiming to invest up to 2 billion yuan in a new production base [1] Group 1: Project Details - The project involves the establishment 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 funds or self-raised funds [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]

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]