In 2022, Yichun City focused on full-chain cluster development of "strengthening, completing, and extending the industrial chain". FULIN.SH's anode materials were then introduced in as a key project. FULIN.SH expanded its integrated project with annual output of 200,000 tons of new high compaction lithium iron phosphate and supporting materials in Yichun City. The total investment of the project is RMB 5 billion, covering an area of 313.4 acres. It started in December 2022, and is currently expediating the construction, 24 hours uninterrupted. It is expected to be put into use by the end of 2023.

As a major project of Jiangxi Province and a great project in Yichun lithium new energy industry, at present, FULIN.SH Yichun Base has completed the main construction of the plant, and is installing the water and electrical systems. After being put into use by the end of 2023, the annual output value of the project will exceed RMB 10 billion. As the lithium capital of Asia, Yichun is rich in lithium and has the high-quality business environment. The third phase project of FULIN.SH will promote the development of lithium industry, promote green sustainable development, strive to write a new chapter in the lithium battery industry, and help promote the whole chain cluster development of Yichun industrial projects.