Longdian Huaxin will increase its copper foil production capacity by 75000 tons this year, and will expand its production capacity by another 20, 000 tons of lithium copper foil.

Published: Dec 1, 2021 08:21
[Longdian Huaxin will increase its copper foil production capacity by 75000 tons this year and will expand another 20, 000 tons of lithium copper foil.] on November 26, the signing ceremony of Shandong Hesheng Copper Co., Ltd. second phase 5000 ton project and third phase high performance lithium electric copper foil was held in Dongying, Shandong Province. Hesheng Copper is a wholly owned subsidiary of Shenzhen Longdian Huaxin Group, with a total investment of 3.5 billion yuan, mainly producing copper foil for high-performance lithium batteries. It is one of the core production bases of Longdian Huaxin Group in East China.

On November 26th, Shandong Hesheng Copper Co., Ltd. put into production the second phase 5000 tons project and the third phase 20, 000 tons of high-performance lithium copper foil signing ceremony was held in Dongying, Shandong Province.

Hesheng Copper is a wholly owned subsidiary of Shenzhen Longdian Huaxin Group, located in Shandong Dongying Economic and technological Development Zone. The company covers an area of 380mu with a total investment of 3.5 billion yuan. It mainly produces copper foil for high-performance lithium batteries. It is one of the core production bases of Longdian Huaxin Group in East China. The company's first phase of 5000 tons of lithium copper foil project was put into production on July 16, 2020. after 16 months, the second phase of 5000 tons was successfully put into production. so far, Hesheng Copper has put into production capacity of 10, 000 tons, and the third phase of 20, 000 tons of high-end lithium copper foil construction project is in full swing.

At the ceremony, Zeng Xiangxin, chairman and president of Longdian Huaxin Group, said that as a leader in the field of new energy and new materials manufacturing, Longdian Huaxin Group has put into production of 75000 tons of copper foil in 2021 and will reach 150000 tons in 2025. The products have been delivered to the world's first-class lithium power battery manufacturers and international well-known electronic circuit manufacturers. Looking back this year, from the start of the foundation of the subsidiary Longxin Electronics Project and the commissioning of all the 40,000-ton Baoxin Electronics Project, to the stable overproduction of the first phase of the Hesheng Copper Project and the early commissioning of the second phase of the project, Longdian Huaxin is constantly refreshing the speed of production expansion, investment and construction in the industry. consolidate the leading position in the industry.

It is understood that at present, Longdian Huaxin lithium electricity copper foil has been in bulk supply of Ningde era (CATL), new energy technology (ATL), BYD and other domestic mainstream battery enterprises; enterprises focus on the high-end market, is LG Chemical, SK, Samsung SDI, Panasonic and other international first-line battery companies' main suppliers.

In order to support the nearest facilities and increase market share, Longdian Huaxin expanded its production capacity in Lishui, Nanjing. On May 17th, the groundbreaking ceremony of Nanjing Longxin Electronic Technology Co., Ltd., the East China headquarters of Longdian Huaxin Group with a total investment of 10 billion yuan, was held in Nanjing Lishui Industrial New City. This is the first lithium copper foil production base established by Longdian Huaxin in East China, which fills the gap in the field of lithium copper foil in Nanjing, improves the power battery industry chain, and marks a new stage for Nanjing to build a new energy automobile industry landmark.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
13 hours ago
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
Read More
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
Premier Li Qiang presided over an executive meeting of the State Council to study policy measures for promoting effective investment. The meeting noted that promoting effective investment plays an important role in stabilizing economic growth and strengthening momentum for development. It is necessary to innovate and improve policy measures, and intensify efforts to enhance the efficiency of utilizing funds such as central budget investments, ultra-long-term special treasury bonds, local government special bonds, and new-type policy-based financial instruments. In conjunction with formulating and implementing the 15th Five-Year Plan
13 hours ago
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
13 hours ago
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
Read More
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we will thoroughly implement the spirit of the 20th National Congress of the Communist Party of China and the plenary sessions of the Party’s 20th Central Committee, fully and faithfully apply the new development philosophy, strengthen top-level design, build computing power interconnection nodes oriented toward national hub periods, major strategic regions, and key industries, establish a system of computing power interconnection nodes, improve the efficiency and service level of public computing power resources, and promote high-quality development of computing power.
13 hours ago
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
13 hours ago
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
Read More
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
After intensive indirect consultations, the new round of nuclear talks between Iran and the US in Muscat, the capital of Oman, has achieved phased progress. It is reported that during this round of talks, the Iranian and US delegations did not meet directly. Instead, Omani Foreign Minister Badr acted as an intermediary, conveying a series of core proposals, strategic concerns, and policy positions to the other side. The atmosphere at the talks was tense yet efficient. According to preliminary on-site assessments, although both sides continue to negotiate over specific terms, they have reached a consensus on the key objective of "continuing dialogue."
13 hours ago