[Hunan Yuneng: Plans to invest no more than 2 billion yuan in the construction of the sixth phase of lithium iron phosphate project] On October 19th, Hunan Yuneng (301358.SZ) announced that the company’s board of directors reviewed and approved the proposal and agreed to invest in the construction of the sixth phase of Hunan Yuneng’s lithium iron phosphate project. The planned investment in the project does not exceed 2 billion yuan, and the source of funds is self-raised by the company. The construction period of the project is 12 months, and it mainly constructs factories and supporting projects, and purchases complete sets of lithium iron phosphate production line equipment. This investment aims to improve the company's lithium iron phosphate production capacity layout and meet the market demand in downstream new energy vehicles, energy storage and other fields.