TRUCHUM(SZ:002171)2022-12-06 01:38Company Overview - Anhui Chuangjiang Technology New Materials Co., Ltd. specializes in the manufacturing of copper strip products and is a key enterprise supported by Wuhu City [1] - The company focuses on the R&D, production, sales, and service of two major series of copper-based alloy strips: brass and tin-phosphor bronze [1] Production Capacity - The company has established a production capacity of 150,000 tons of copper alloy strips, 30,000 tons of copper alloy wires, 100,000 tons of conductive copper rods, 50,000 tons of precision welded pipes, and 160,000 tons of cold-rolled narrow steel strips [1] - The production and sales of copper strips, copper wires, and thermal equipment manufacturing rank first in the industry [1] - The main production facilities are concentrated in Wuhu, with an additional plant in Qingyuan, Guangdong, producing 40,000 tons of copper strips annually [2] Future Development Plans - The company aims to enhance its technology and process levels across the industrial chain, focusing on high-end extensions and innovation through the absorption of advanced foreign equipment [2] - Plans to strengthen the existing thermal equipment business and become a leading high-tech military-civilian enterprise in new materials and equipment manufacturing [2] Fundraising and Investment - The company has received approval from the China Securities Regulatory Commission for a non-public stock issuance, aiming to raise no more than 1.35283 billion yuan [2] - The raised funds will be allocated to three projects: - Upgrading copper alloy strip products, with a total investment of 872.6 million yuan, using 769.6 million yuan from the raised funds [2] - Industrialization of intelligent thermal equipment and special composite materials, with a total investment of 369 million yuan, using 328.23 million yuan from the raised funds [2] - Construction of a production line for 10,000 tons of high-performance lithium battery anode materials, with a total investment of 300 million yuan, using 255 million yuan from the raised funds [2] Strategic Direction - Following the acquisition of the Dingli Company, the company has formed a main business model of "basic materials + new materials" [2] - Future development will focus on national defense, high-end equipment, and electronic information, aiming for breakthroughs in both basic and new materials sectors [2]