An investor asked Lopal Technology (603906) about the company's specific overseas plans for lithium iron phosphate, including overseas plant construction and orders. Thank you!
The company replied, saying: Dear investor, hello! The company plans to build a 120,000-ton lithium iron phosphate cathode material production base in Indonesia. Currently, Phase I of 30,000 tons is in the commissioning and trial production stage, and Phase II of 90,000 tons will start construction planning in the second half of the year. The second overseas base will also be considered as appropriate. In terms of overseas customers, the company has formed a deep bond with LG. According to announcements, LG will later make an equity contribution to jointly build the Indonesia plant, and the company has signed a 5-year long-term supply agreement with LG, securing some future production capacity. The long-term supply agreement with LG has greatly promoted the company's internationalization process, accelerated the expansion of overseas production capacity, and further consolidated the company's advantages in overseas production capacity layout. Thank you for your attention!
Source: Tonghuashun
中资快讯
Lopal Technology's Indonesia Lithium Iron Phosphate Production Base Phase II to Start Construction in H2
An investor asked Lopal Technology (603906) about the company's specific overseas plans for lithium iron phosphate, including overseas plant construction and orders. Thank you!
The company replied, saying: Dear investor, hello! The company plans to build a 120,000-ton lithium iron phosphate cathode material production base in Indonesia. Currently, Phase I of 30,000 tons is in the commissioning and trial production stage, and Phase II of 90,000 tons will start construction planning in the second half of the year. The second overseas base will also be considered as appropriate. In terms of overseas customers, the company has formed a deep bond with LG. According to announcements, LG will later make an equity contribution to jointly build the Indonesia plant, and the company has signed a 5-year long-term supply agreement with LG, securing some future production capacity. The long-term supply agreement with LG has greatly promoted the company's internationalization process, accelerated the expansion of overseas production capacity, and further consolidated the company's advantages in overseas production capacity layout. Thank you for your attention!
Source: Tonghuashun
