On November 19, Longli Technology said at the performance briefing that the high supply-demand contradiction and homogeneous competition in the lithium iron phosphate industry are still continuing, making the whole industry still in recovery period. However, with the gradual end of dewarehousing, the prosperity of lithium iron phosphate industry is expected to further warm, and the penetration rate of lithium iron phosphate in power batteries in the medium and long term will further increase, in addition, the European carbon emission bill will also push up the demand for energy storage, thus plus-sized the demand for overseas production capacity.

In terms of capacity planning, Longyan technology said that the company will continue to accelerate the internationalization strategy in the future. In addition to Indonesia's 30000-ton lithium iron phosphate project in the first phase, it will also carry out 90000-ton construction in the second phase in the future, in addition, it is also seeking opportunities for overseas second foundation construction.

On October 30, 2024, Longli technology was listed on the main board of the Hong Kong Stock Exchange, becoming A "A + H" listed enterprise.