Wanshun New Material(SZ:300057)2022-11-21 16:08Group 1: Aluminum Processing Business - The aluminum processing business consists of aluminum foil and aluminum sheet products, with a total capacity of 15.5 million tons for aluminum foil and 11 million tons for aluminum sheet products [2] - Approximately 70% of aluminum foil products are supplied to food, liquid, and sterile packaging companies, while 60% of aluminum sheet products are supplied to Jiangsu Zhongji [2] - 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 segment [2] Group 2: High-Precision Electronic Aluminum Foil Project - Two out of five imported aluminum foil rolling mills have entered the load testing phase, with the project expected to be fully operational by December 31, 2021 [3] - The company has begun supplying soft-pack battery aluminum foil and battery anode aluminum foil using existing production lines, establishing a customer base for future orders [3] - The company holds multiple patents in the battery aluminum foil sector, enhancing its technological edge and production efficiency [3] Group 3: Paper Packaging Materials Business - The paper packaging materials business primarily includes transfer paper and composite paper, with about 90% of products used for cigarette packaging [4] - The company serves a stable customer base, including brands like Hehua, Shuangxi, and Wuliangye [4] Group 4: Functional Films Business - The company has developed advanced functional films, including high barrier films and conductive films, with applications in solar panels, automotive glass, and touch panels [4] - The company operates seven magnetron sputtering devices and five precision coating lines, providing a capacity advantage [4] Group 5: High Barrier Film Material Production Base - The main equipment for the high barrier film production base has been installed and is currently undergoing testing, with completion expected by the end of 2021 [4]