On March 10, Fulin Precision Machinery revealed on an investor interaction platform that its subsidiary, Jiangxi Shenghua, currently boasts a production capacity of 300,000 tonnes for high-pressure-density lithium iron phosphate cathode materials. Furthermore, the company is actively progressing projects to establish new production capacities, including 350,000 tonnes of similar materials and 500,000 tonnes of high-end energy storage lithium iron phosphate. The existing production capacity has been fully utilized, with products enjoying robust sales.
