According to Farasis Energy on March 19, the company recently formally signed a supply contract with a large overseas NEV manufacturer. Under the contract, starting from June this year, Farasis Energy will begin supplying SPS LFP batteries to the overseas client, and all parties to the contract reached agreement on procurement prices, delivery arrangements, and other matters.

Fulin Precision has announced a major capital injection of 1.004 billion yuan into its project company, Inner Mongolia Fulin Era New Energy Material, to accelerate the development of its lithium iron phosphate (LFP) facilities in Ordos. The investment was led by the subsidiary Jiangxi Shenghua (779 million yuan), alongside Qianyuan Huizhi and Jiebao Investment. Consequently, Fulin Era's registered capital has surged from 1 million to over 1.005 billion yuan.

Ouyang Minggao pointed out that large-scale mass production of all-solid-state batteries will still require 3–5 years, with test vehicles expected to appear by the end of 2026. Sulphide electrolyte has fallen from 20 million/mt to the million-level range. However, he stressed that the technical difficulty is extremely high and advised consumers that they “need not wait,” as LFP batteries remain the “ballast stone” at present.

Fulin Precision Machining stated on the interactive platform that its subsidiary Jiangxi Shenghua currently has a capacity of 300,000 mt of high-compaction density LFP cathode material and is advancing the construction of an additional 350,000 mt of high-compaction density LFP cathode material, as well as an annual capacity of 500,000 mt of high-end LFP for energy storage. At present, the Company’s capacity is fully utilized and fully sold.

Geopolitical conflict in the Middle East led to a blockade of the Strait of Hormuz, cutting off the global sulphur supply chain (China’s import dependence exceeds 50%, with the Middle East accounting for 56%). Sulphur prices surged to 4,395 yuan/mt, directly pushing up phosphate fertiliser costs. Rigid demand from spring ploughing provided support, but China’s policies to ensure supply and stabilise prices curbed phosphate fertiliser gains。

Tianli Lithium Energy (301152.SZ) announced that starting from January 14, 2026, in order to ensure the efficient, stable, and safe operation of the LFP production line and guarantee the smooth progress of safe production, Sichuan Tianli carried out a planned shutdown for maintenance on the production line. During the maintenance period, Sichuan Tianli conducted comprehensive maintenance, upgrades, and transformations on the production line, laying a solid foundation for subsequent safe, continuous, and efficient production. As of the date of this announcement, Sichuan Tianli has completed the scheduled maintenance plan and fully resumed production operations on February 24, 2026.