The Production Capacity of Lithium Battery Copper Foil to Boom in 2023

SHANGHAI, Dec 24 (SMM) – CITIC Securities Research Report pointed out that concerns about the future oversupply of lithium battery copper foil lie in the main contradiction in the current copper foil sector.

The production capacity of lithium battery copper foil is expected to rise sharply in 2023, which will shift the industry's competitive factors from the equipment and capital bottlenecks to the aspects, including customer channels, supply chain management and continuous product iteration capabilities. At the same time, electronic circuit copper foil with high-performance becomes the next direction of growth, and companies that take the lead in related fields are expected to expand the profit gap with their counterparts. Jiayuan Technology boasts technological iteration capabilities and high-quality customer channels in the lithium battery copper foil industry, and takes the lead in developing high-end electronic circuit copper foil, and Hailiang enjoys outstanding advantages in supply chain management and cost control, which takes great efforts to develop copper foil manufacturing.