A few days ago, Mingguan new materials disclosed the announcement of the plan to issue shares to no more than 35 (including 35) eligible specific targets to raise no more than 2 billion yuan. The company plans to invest 940 million yuan in the annual production of 200 million square meters of aluminum-plastic film construction project of Mingguan Lithium Film Company, 240 million yuan on Mingguan Lithium Film Company's annual production of 100 million square meters of aluminum-plastic film construction project, and 420 million yuan on Jiaming Film Company's annual production of 100 million square meters of fluorine-free backplane construction project. 400 million yuan to supplement working capital.
Mingguan New material is one of the earliest companies in China to independently develop aluminum-plastic film products. The dry-hot composite preparation technology of aluminum-plastic film developed by the company is the first in China, which has achieved mass production and can meet the performance requirements of lithium batteries in different fields such as 3C, power and energy storage.
"the Mingguan aluminum-plastic film adopts the original dry-heat composite process, which not only absorbs the advantages of the dry process, but also takes into account the advantages of the thermal method in electrolyte resistance and water resistance. as a result, the comprehensive performance of aluminum-plastic film in deep drawing, appearance, cutting performance, electrolyte resistance and water resistance has been improved in an all-round way." Yan Hongjia, chairman of Mingguan Xincai, said.
Under the background of the continuous growth of lithium battery demand, the market of aluminum-plastic film is broad. The White Paper on the Development of China's Aluminum-plastic Film Industry (2021) issued by EVTank predicts that global flexible package battery shipments will rise to 407.2 GWH in 2025, with a compound growth rate of 39%.
In the view of Mingguan new materials, this investment project will greatly expand the company's aluminum-plastic film production capacity and enhance the company's market competitiveness in the aluminum-plastic film industry.
Mingguan new materials said that in order to enter the downstream flexible bag battery manufacturers' supply chain system as soon as possible and increase market share, the company has established a customer development route with power / energy storage aluminum-plastic film as traction and high-end digital aluminum-plastic film as power. At present, the company's aluminum and plastic film batch sales customers include Ganfeng lithium industry, Paron Technology, Nandu Power supply and other large companies. At the same time, in order to continuously optimize the structure of power and energy storage customers, the company is actively expanding potential high-quality customers and is now delivering small quantities of Funeng Technology, and has entered the last round of testing of BYD and the second round of ATL testing.
In terms of fluorine-free backplane projects, the amount of funds raised by the company will focus on the company's BO fluorine-free backplane products. BO fluorine-free backplane is developed on the basis of M film developed by the company and does not use fluorine film, so it is more environmentally friendly than the traditional backplane.
Data show that Mingguan new material BO fluorine-free backplane has passed the reliability test of TUV and other third-party certification institutions and sold to Singapore, South Korea, India and other countries. After the implementation of the above fund-raising projects, the company's BO fluorine-free backplane products will further increase the proportion of sales.
