Wanshun New Material(SZ:300057)2022-12-03 08:56Group 1: Aluminum Foil Business - The aluminum foil business is the largest contributor to the company's revenue and profit in recent years [2] - Jiangsu Zhongji's annual production capacity is 83,000 tons, and subsidiaries Anhui Meixin and Jiangsu Huafeng have a combined capacity of over 100,000 tons [3] - The global aluminum foil market was valued at approximately $40 billion in 2017, with a projected compound annual growth rate (CAGR) of 4.8% from 2017 to 2025 [3] Group 2: Functional Film Business - The company operates 7 German roll-to-roll magnetron sputtering coating production lines and 5 precision coating lines, covering a product width of 1200mm to 1570mm [4] - The market demand for high barrier films and PDLC liquid crystal films is gradually increasing, with a focus on the energy-saving film market [4] - The intelligent light control heat-insulating film has a UV blocking rate of over 99% and an infrared blocking rate of over 80%, with only about 10% of market products achieving such standards [4] Group 3: Nano Silver Film and High Barrier Film Projects - Nano silver film is suitable for large-size and flexible curved screens and has been stably supplied to downstream customers [5] - The high barrier film project is funded by convertible bonds, focusing on materials for new display components and high-end packaging applications [5] Group 4: Paper Packaging Materials - The paper packaging materials business has a total production capacity of 80,000 tons across Shantou and Henan, mainly serving cigarette, liquor, and social product packaging clients [6]