L&F LFP capacity expansion and funding via L&F Plus

L&F is expanding LFP cathode material capacity by an additional 60,000 tons per year by the second half of 2028, reaching a total 120,000-ton system, backed by mid-to-long-term supply contracts with three domestic cell makers and one overseas customer for up to about 250,000 tons. The expansion funding is to be raised directly by subsidiary L&F Plus, with policy financing prioritized.