L&F Holds First IR Event Since Establishment

L&F will hold the first '2024 L&F Investor Day' at its Guji 3 Plant in Daegu on the 16th, targeting major institutional investors and analysts. This event marks the first IR event since the company's founding. Key executives including the COO (Chief Operating Officer), CPO (Chief Product Officer), and CFO (Chief Financial Officer) will attend to directly communicate with participants and present L&F's investment appeal points.

At this event, L&F plans to present preparations to overcome the chasm period (temporary demand stagnation) in the overall electric vehicle market and recent market trends. By strengthening fundamental competitiveness such as new product development, stable profitability generation, and mitigation of raw material risks, the company aims to turn the chasm period into an opportunity for growth.

Recently, L&F has been fully committed to developing new products including nickel 95% single-crystal cathode materials for the 4680 battery, which is gaining attention as the next-generation battery among cylindrical batteries, the main battery of its customers, as well as upgraded versions of the 2170 products. These products are scheduled to be shipped in line with the customers' launch schedules in the second half of this year, through which L&F plans to further strengthen its competitiveness in the market. Additionally, through this event, L&F will present a detailed roadmap for future product development and share strategies to diversify its customer base and solidify technological superiority by actively responding to changes in the electric vehicle market.