Zhongfu Industries recently stated that the company's core products include materials for can bodies, can lids, and pull tabs. In 2022, sales of these three products accounted for 80% of the total sales of aluminum products. In addition, the company also produces aluminum foil for new energy battery plastic film, aluminum foil for new energy battery current collector, aluminum foil for new energy battery tab, materials for automotive panels, and aluminum alloy wheels, which can be used for lightweighting in new energy vehicles. Currently, the company is not involved in projects related to integrated automotive body. In the field of recycled aluminum business, the company's holding subsidiary, Gongyi Huifeng Renewable Resources Co., Ltd., will begin investing in and building a 500,000-ton per year aluminum recycling project in March 2023.
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