FENGYUAN(SZ:002805)2025-11-19 10:02Group 1: Production Capacity - The company has established a lithium iron phosphate production capacity of 225,000 tons, with 75,000 tons currently under construction [2] - The company plans to adjust production capacity based on industry trends and customer demand [2] Group 2: Competitive Strategy - The company ensures product competitiveness through technological innovation, customer collaboration, product layout, and economies of scale [2][3] - Continuous R&D investment enhances innovation capabilities and product performance, creating differentiated advantages [3] - The company is developing lithium manganese iron phosphate and solid-state battery cathode materials to meet diverse market needs [3] Group 3: Product Development - High-density lithium iron phosphate products have successfully entered mass production, catering to core customer applications [3] - The company will track technological iterations and market demand in the power and energy storage sectors to enrich its product matrix [3] Group 4: Capacity Utilization - Starting from Q4 2025, increased downstream demand will drive high capacity utilization rates [3] - The company aims to enhance capacity digestion through improved product competitiveness and collaboration with existing customers [3]