Fulin Precision Reports Significant Growth in Lithium Iron Phosphate Shipments and Capacity Utilization in Q1 2024, Outlines Lithium Carbonate Supply Chain Strategy

Published: May 21, 2024 09:08
Lithium iron phosphate: Fulin Precision Industry shipped 17,300 tons in Q1 2024, and capacity utilization rate increased in Q2 2024" On May 20, 2024, Fulin Precision Industry (300432) announced that the company held a performance explanation meeting on May 20, 2024. (1) Lithium iron phosphate shipments were 45,200 tons in 2023 and 17,300 tons in Q1 2024. (2) Compared with the same period in Q1 2023, the iron lithium business significantly reduced losses in Q1 2024. (3) The capacity utilization rate of lithium iron phosphate business increased rapidly in Q2 2024, reducing costs and increasing efficiency. (4) Lithium salt: The company will strengthen risk management and control capabilities of the lithium carbonate supply chain system, actively plan to establish a diversified lithium carbonate supply security system, and reduce the risk of fluctuations in raw material prices.

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