On November 11th, Jiangsu Lopal Tech CO.,LTD. stated that the effective production capacity disclosed in the company's annual report is the capacity that has been basically built and can be actually released considering the situation of capacity ramp up. As of now, the company's LFP business has built 5 production bases in China, with a total production capacity of about 242,500 tonnes per year. In addition, the company has built a 30,000-tonne LFP production base in Indonesia yearly.
Edited by Cassie Li, lixiangying@mysteel.com
