"Longpan Technology: Future Self-production of Lithium Carbonate Will Increase Company Profits

Longpan Technology stated on the interactive platform that as the price of lithium carbonate gradually stabilizes and the production capacity of the company's new projects gradually increases, the company's profits will gradually return to normal. The company mainly aims to improve performance through the following strategies:

1. The company's vertical integration strategy has been slightly effective. The lithium carbonate processing plant invested by the company has recently been ignited and put into production. In the future, self-produced lithium carbonate will reduce the devaluation risk of externally sourced lithium carbonate and increase the company's profits.

2. The company continues to advance its internationalization strategy, and overseas production capacity will be put into production next year, with profits per ton higher than those domestically.

3. Products such as Iron Lithium-1 and Regenerated-1 launched by the company's differentiated production strategy will also increase the per ton profit of the company's products."