February 5th News Recently, Gansu Jinlin Lithium Battery New Materials Co., Ltd. held a production commencement ceremony. The first-phase production line with an annual capacity of 100,000 tons of lithium iron phosphate (LFP) has officially begun operations. The second-phase production line, also with an annual capacity of 100,000 tons of LFP, is scheduled to commence construction in March 2026. Upon the full completion and operation of the project, the estimated annual output value is expected to exceed 6 billion yuan. Chempricehub Analysis on Lithium Iron Phosphate (LFP) Bull-Bear Score: -1 Gansu Jinlin Lithium Battery's first-phase production line with an annual capacity of 100,000 tons of LFP has officially commenced operations, while the second phase is planned to start construction in March 2026. Upon completion, the total production capacity will reach 200,000 tons, with an estimated annual output value exceeding 6 billion yuan. This significantly increases market supply and, in the absence of a corresponding rise in demand, exerts downward pressure on spot prices, potentially leading to a slight decline. The rating is generally bearish (-1.0), as the capacity expansion directly increases supply, with no mention of significant changes in demand or industry-specific disruptions.