Core Viewpoint - The acquisition of Circuit Foil Luxembourg (CFL) by Jiujiang Defu Technology marks a significant step in the global copper foil industry, enhancing Defu Technology's position as a leader in the lithium battery copper foil sector and expanding its strategic layout in the electronic circuit copper foil market [2][5]. Group 1: Acquisition Details - On July 29, Jiujiang Defu Technology signed a 100% equity acquisition agreement for CFL, indicating a new phase in its global copper foil strategy [2]. - The acquisition is seen as a practical example of cooperation under the "Belt and Road" initiative and RCEP, integrating Korean precision manufacturing, Chinese industrial chain capabilities, and European market resources [2][3]. Group 2: Company Background - Defu Technology, established in 1985, specializes in electrolytic copper foil and has developed core technologies such as high-end RTF reverse copper foil and HVLP ultra-low profile copper foil [3][5]. - The company has established a strong customer base, including global leaders in lithium batteries like CATL, ATL, LG Chem, and BYD, positioning itself as a leading player in the global lithium battery copper foil market [3][5]. Group 3: Market Impact - Post-acquisition, Defu Technology's total copper foil production capacity will increase from 175,000 tons per year to 191,000 tons per year, solidifying its status as the world's largest electrolytic copper foil manufacturer [5]. - The acquisition will enable Defu Technology to fill the domestic high-end electronic circuit copper foil market gap and accelerate the introduction of products to core domestic electronic terminal customers [5]. Group 4: Future Strategy - The company plans to leverage the acquisition as a springboard to penetrate the global high-end electronic circuit market and is preparing for capacity expansion in Southeast Asia [5]. - Defu Technology aims to strengthen its global development strategy, focusing on both the Asia-Pacific and European-American markets [5].