Lianhong New Material Technology recently announced on an interactive platform that, driven by the booming end markets, such as new energy vehicles and energy storage, and constrained by the limited supply of effective production capacity, the supply of VC, a lithium battery additive, has been tight, and prices have shown a steady upward trend since the beginning of the year. Leveraging independent technological breakthroughs in key production processes, the company's VC plant has achieved high conversion rates and low energy consumption. Moreover, the plant primarily relies on self-supplied raw materials, underscoring its significant technological and industrial chain advantages. Currently, the plant is operating smoothly, with all products being produced and sold in full capacity.