On June 11, Longpan Science and Technology announced that the company's holding company, Liyuan (Asia-Pacific), intends to invest in the construction of a large-scale production project of cathode materials for new energy automotive power and energy storage batteries in Indonesia through its wholly-owned subsidiary, Liyuan Indonesia (Batang). The
project is planned to build a production line with an annual output of 120,000 tons of second-generation and third-generation lithium iron phosphate cathode materials, with a total investment of about 160 million US dollars (about 1.088 billion RMB). The construction period of the project
is expected to be 12 months, and it is planned to start in July 2026.
浙公网安备33010802003254号