The lithium iron phosphate cathode material industry ushered in a full recovery. Judging from the situation where semi-annual results have been released or predicted, the profitability of many listed lithium iron phosphate companies has recovered significantly. Among them, the net profit of leading manufacturer Hunan Yuneng in the first half of the year surged more than eight times year-on-year. Currently, there continues to be a shortage of high-end effective production capacity in the lithium iron phosphate industry. Combined with the cost pressure brought about by rising raw material prices, industry companies are setting off a new wave of price increases, aiming to accurately expand production on high-end racetracks, and continuously optimize the production capacity structure and market layout.

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