FENGYUAN announced that its wholly-owned subsidiary, FENGYUAN Yunnan Investment, will establish a new production line for high-performance lithium battery lithium iron phosphate cathode materials with an annual output of 50,000 tons, with a total investment not exceeding 820 million yuan. This investment aims to accelerate the construction of the company's 200,000-ton lithium battery high-energy cathode materials and related supporting projects, helping to optimize the product structure towards high value-added directions, enhance competitive advantages, and achieve long-term sustainable development. The funding sources will be through the issuance of stocks to specific targets or self-raised funds. Once the project is completed and fully operational, it is expected to have a positive impact on FENGYUAN's future business development