[Cathode: Easpring Plans To Invest In 350,000 Tons/Year Lithium Iron Phosphate Project]
On April 16, Easpring disclosed that it is accelerating the layout of its lithium iron phosphate integrated business. Beijing Easpring Material Technology Co., Ltd. signed "Equity Transfer Agreements" on April 15, 2026, with Zhejiang Youshan New Material Technology Co., Ltd. and Yunnan Yuntianhua Co., Ltd. regarding the transfer of partial equity interests in Yunnan Youtian New Energy Technology Co., Ltd. and Yunnan Yunyuneng New Materials Co., Ltd., respectively. Easpring plans to use its own or self-raised funds totaling 145 million yuan to purchase 51% equity in Youtian Technology and 49% equity in Juneng New Material held by Youshan Technology.