万顺新材(300057) - 2026年1月6日投资者关系活动记录表

Group 1: Aluminum Processing Business - The company has established an integrated industrial chain for aluminum plates and foils, with a total aluminum foil production capacity planned at 255,000 tons [2] - The current aluminum foil production capacity includes 83,000 tons from Jiangsu Zhongji (mainly for packaging) and 72,000 tons from Anhui Zhongji (for battery aluminum foil), with an additional 100,000 tons project under construction [2] - In the first three quarters of 2025, aluminum processing sales reached 128,000 tons, a year-on-year increase of 4%, with Jiangsu Zhongji and Anhui Zhongji contributing 51,000 tons and 28,000 tons respectively [2] Group 2: High-Value Aluminum Foil Products - The company is focusing on innovation and process improvement in aluminum foil products, enhancing production efficiency and yield [3] - High elongation battery aluminum foil has been supplied in bulk, while high-dain battery aluminum foil is in small batch supply, both enhancing the development potential of the aluminum processing business [3] - High elongation battery aluminum foil improves yield during processing and meets customer demands for higher density and lower breakage rates [3] Group 3: Functional Film Business - The functional film business includes high barrier films, smart conductive films, car wrap films, and energy-saving films, with sales declining due to market price competition but improved gross margins [4] - The company is focusing on high-potential functional film products, particularly high barrier films for recyclable packaging and conductive films for automotive applications [5] Group 4: Paper Packaging Materials Business - The paper packaging materials segment primarily produces special paper products for packaging in industries such as tobacco and alcohol, with high-value transfer paper sales increasing in the first three quarters [6]