Ganfeng Lithium released an announcement on the record of investor relations activities, stating that its lithium battery business is focused on the energy storage sector. Leveraging its technological and capacity advantages, the company has secured sufficient orders, maintained high capacity utilization, and is steadily advancing its new production lines. In the first four months of 2026, with strong market demand outstripping supply for cell products, the company operated its energy storage cells at full capacity, with utilization rates nearing 100%. The company's self-developed 588Ah and 648Ah large cells have set industry benchmarks, significantly boosting energy density and precisely meeting the needs of large-scale energy storage power stations. The construction of the 588Ah production line in Nanchang Ganfeng is nearing completion, with plans to commence capacity ramp-up in the third quarter of 2026 and gradually increase production volumes by the end of the year; the 648Ah project is also accelerating its progress.