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On August 31, Mengguli cited a lithium iron phosphate market report published by QYResearch.

磷酸铁锂

Mengguli: Net Profit Attributable to Parent Company Surges 687% Year-Over-Year in First Half; Entry into a High-Growth Sector Unlocks New Growth Opportunities

From the perspective of market potential, according to a research report by QYResearch, global sales of lithium iron phosphate are projected to reach $39.4 billion in 2025 and are expected to grow to $89.89 billion by 2032, with a compound annual growth rate (CAGR) of 13.3% from 2026 to 2032. The high-growth nature of this sector will also provide ample industry support for Mengguli’s business expansion.

Source: Toutiao

More: https://www.toutiao.com/article/7680004704050496015/

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