New Yangfeng: the first production line is expected to be supplied to Grimme's lithium iron phosphate subsidiary.

On February 16, Xinyangfeng disclosed the record table of investor relations activities and announced that the production capacity of the first phase of the 200000-ton iron phosphate project is expected to enter trial production in March. The production capacity of 150000 tons of iron phosphate in the second phase is divided into several production lines.

The first production line is scheduled for trial production in August this year and will be supplied to Grimmei's Lithium Iron Phosphate subsidiary.

Yidu's current plan includes 100000 tons of iron phosphate and 50 tons of lithium iron phosphate, of which 100000 tons of iron phosphate project is expected to carry out trial production in August or September this year. 300000 tons of iron phosphate will reach full production next year.