【SMM Aluminium Flash News】Wanshun New Materials: Investing 100 million yuan to establish an aluminum-plastic film business company

Published: Oct 10, 2025 10:06

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Wanshun New Materials announced that, based on its future strategic planning and core business development needs, its wholly-owned subsidiary, Jiangsu Zhongji New Energy Technology Group Co., Ltd., plans to use RMB 100 million of its own capital to establish a wholly-owned subsidiary, Anhui Zhongji Aluminum-Plastic Film Technology Co., Ltd., primarily engaged in the aluminum-plastic film business. The registered capital will be paid in installments based on business progress. Aluminum-plastic film is a key material for encapsulating soft-pack battery cells. The development of the new energy vehicle market and the increasing penetration of soft-pack power batteries are creating a broad market for aluminum-plastic film products. Furthermore, the advancement of solid-state battery technology and the accelerated industrialization process are expected to drive accelerated growth in the aluminum-plastic film market.

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