[Longpan Technology: Plans to invest 942 million yuan to build a battery-grade iron phosphate project with an annual output of 150,000 tons] On October 30, Longpan Technology (603906.SH) announced that the company's secondary holding subsidiary Shandong Liyuan plans to invest in the construction of the "Shandong Liyuan LP-15 Project" in the Chemical Industrial Park of Juancheng County, Shandong Province. The overall plan is to build a battery-grade iron phosphate production line with an annual output of 150,000 tons, with a total investment of approximately 942 million yuan. This investment aims to achieve internal matching of iron phosphate raw materials, stabilize the supply chain, reduce procurement costs, and ensure the production capacity of lithium iron phosphate cathode materials. The sources of project funds include funds raised from non-public issuance of stocks in 2021, Shandong Lithium Source's own funds, bank loans or self-raised funds. This matter has been reviewed and approved by the board of directors and still needs to be submitted to the shareholders' meeting for review.