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