On May 27, Fengyuan Co., Ltd. stated in response to investor inquiries that, as of now, the company has an installed capacity of 225,000 tons for lithium iron phosphate (LiFePO4), with an additional 75,000 tons under construction. The company will also make real-time adjustments during the implementation of capacity construction based on industry development trends and changes in downstream customer demand. Currently, the effective capacity utilization rate of the company's lithium iron phosphate products remains at a favorable level.