Wanshun New Material(SZ:300057)2022-11-21 16:14Group 1: Aluminum Processing Business - The aluminum processing business includes aluminum foil and aluminum sheet/strip, with a total capacity of 15.5 million tons for aluminum foil after the completion of projects in Jiangsu and Anhui [2][3] - Current aluminum foil customers are approximately 70% from food, liquid, and sterile packaging industries, while aluminum sheet/strip products are about 60% supplied to Jiangsu Zhongji [2][3] - The high-precision electronic aluminum foil production project is a key strategic focus, targeting battery anode aluminum foil and soft-pack battery aluminum foil to upgrade the aluminum processing business [2][3] Group 2: Market Expansion and Competitive Advantages - The company has established a foundation for mass business orders by utilizing existing production lines to supply soft-pack battery aluminum foil and battery anode aluminum foil before the Anhui project goes into production [3][4] - Competitive advantages in battery aluminum foil include brand effect, industry influence, and prior technical reserves, ensuring high-quality raw material supply post-production [3][4] - The introduction of imported main equipment in the high-precision electronic aluminum foil production project provides hardware assurance advantages [3][4] Group 3: Paper Packaging Materials - The paper packaging materials business mainly consists of transfer paper and composite paper, with approximately 90% of products used for cigarette packaging [3][4] - The company serves stable high-quality end customers, including brands like Hehua, Shuangxi, Yunyan, and Wuliangye [3][4] Group 4: Functional Films - The company has developed advanced functional films, including high barrier films, nano-gloss films, energy-saving films, conductive films, and nano-silver films, with applications in solar panels, new display devices, and automotive glass [3][4] - The company operates 7 magnetron sputtering devices and 5 precision coating lines, providing production capacity advantages [3][4] Group 5: Development Strategy - The company aims to establish a new group development pattern focusing on domestic circulation, with strategic layouts in Shantou, Jiangsu, Anhui, and Henan [4] - The operational strategy emphasizes "new products, new materials, new development," increasing R&D investment and high-end talent recruitment to innovate and extend the industrial chain [4]