[lithium iron phosphate shipments will reach the best part of 800GWh material manufacturers' expansion in the next five years] Lithium iron phosphate investment boom after wave. On October 18, Longyi Technology announced that its holding subsidiary, Changzhou Liyuan, plans to acquire 100% stake in Sichuan Liyuan, a wholly owned grandson company, for 100 million yuan. Longyi Technology said that Changzhou Lithium Source will become the only main body engaged in the business of lithium iron phosphate cathode materials in the company. it is convenient for the company to further enhance the comprehensive strength of project research and development, market expansion and product mass production in the lithium iron phosphate cathode material industry chain.