Longbai Group and Dangsheng Technology Agree Strategic Partnership on Green Lithium Iron Phosphate Chain
From August 2 to 3, Longbai Group Chairman Xu Ran led a delegation to Panzhihua, Sichuan, for dedicated talks with Dangsheng Technology, and the two companies reached a long-term strategic cooperation agreement. The partnership is designed to support the extension, supplementation, and strengthening of the vanadium-titanium new energy industrial chain.
Under the strategic cooperation agreement, the two sides will deepen collaboration in raw material supply assurance, joint research and development, capacity integration, and green manufacturing, linking the vanadium-titanium magnetite, titanium dioxide, ferrous sulfate, iron phosphate, and lithium iron phosphate green closed-loop industrial chain, filling gaps in the new energy industry, and improving the regional industrial system.
Why this event matters
The event has a measured impact on 3 industrys. The strongest current signal is positive for Batteries & Energy Storage, with intensity 60/100 and 70% confidence over a medium term horizon.
Batteries & Energy Storage
- Direction
- positive
- Intensity
- 60
- Confidence
- 70%
- Horizon
- Medium term
Basic Chemicals
- Direction
- positive
- Intensity
- 50
- Confidence
- 65%
- Horizon
- Medium term
New Energy Vehicles
- Direction
- positive
- Intensity
- 45
- Confidence
- 60%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.