Wanshun New Material(SZ:300057)2024-01-18 09:36Group 1: Aluminum Processing Business - The aluminum processing business is the largest segment of the company, forming a complete industrial chain from aluminum plates to aluminum foil and carbon-coated foil through mergers and expansions [2] - Jiangsu Zhongji has an aluminum foil production capacity of 83,000 tons, serving well-known clients like Tetra Pak [2] - Anhui Zhongji focuses on battery aluminum foil with a total capacity of 172,000 tons, including a high-precision electronic aluminum foil project with a capacity of 72,000 tons [2] - The total aluminum foil capacity will reach 255,000 tons after the completion of ongoing projects [2][3] Group 2: Market Development and Demand - The market for battery aluminum foil is expanding due to increasing demand from electric vehicles and energy storage [3] - The company is focusing on functional film products, including automotive films and high-barrier films, which have seen increased sales [3][4] Group 3: Composite Copper Foil Technology - The company produces composite copper foil products, including PP copper film and PET copper film, with advanced equipment and a production capacity nearing 100 million square meters [3] - The company has overcome several technical challenges and started receiving orders for composite copper foil products in June 2023 [3][4] Group 4: Strategic Focus and Future Plans - The company aims to concentrate resources on core businesses, seizing opportunities in new energy, energy storage, and photovoltaic developments [4] - Continuous innovation and optimization of the industrial chain are key strategies to enhance product offerings and cultivate new profit growth points [4]