On August 29, Annada said on the investor interaction platform that in the coming period, under the background of the "double carbon" strategy, the booming supply and demand trend of the new energy automobile industry will continue, and the market demand for lithium iron phosphate will further increase the demand for iron phosphate materials, and the demand for iron phosphate materials still has certain market potential. However, due to the rapid growth of iron phosphate market production capacity, the market competition landscape will become more intense. Each iron phosphate company will gain a certain market position based on its own scale, technology, quality and cost advantages in the competition.
Recently, the company has also stated that recently, the increase in iron phosphate supply has been stable, and backward manufacturers have successively shipped goods. Due to the rising prices of phosphoric acid, liquid alkali, and hydrogen peroxide, the market sales prices of iron phosphate products have strong support, and the market competition pressure in the iron phosphate industry is great. In the short term, the market price of iron phosphate is temporarily stable and fluctuates within a certain range. The company attaches great importance to the research and development of iron phosphate products and continuously improves product performance. The company has a total of 27 iron phosphate production R & D patents, including 2 invention patents and 25 utility model patents. Since the beginning of this year, the company has newly accepted 3 invention patents and 1 utility model patent. In terms of iron phosphate business, the company has also established strategic business cooperative relationships with many leading new energy battery companies in China, which has certain market advantages.
