L&F "Full Replacement of Tesla Electric Vehicle Batteries, Opportunity to Expand LEP Battery Business"

[Asia Economy Reporter Ji Yeon-jin] L&F stated regarding reports on Tesla's electric vehicle battery replacement, "The NCA batteries mentioned in the article are not in mass production or delivery. Currently, there are no significant changes that could impact our business." They added, "In the case of LEP batteries, there is a history of completed development, so depending on future market conditions, there may be opportunities to expand the business," in a disclosure on the 21st.