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    Dingsheng New Materials: The demand in the downstream market is still strong. Next year, it plans to increase the production capacity of battery foil with an annual output of 800,000 tons

  • China Aluminium Network
  • Post Time: 2022/11/14
  • Click Amount: 790
    【Aluminum Road Network】

    On November 10, Dingsheng New Materials pointed out in the performance briefing that the company plans to increase battery foil production capacity next year through the successive production of 800,000 tons of battery aluminum foil and billet projects in Inner Mongolia. At present, the downstream market demand is still strong. The company will predict the shipment volume next year based on the existing market share. The target of carbon-coated aluminum foil will be about 10% of the total shipment of battery foil. The company's Italian subsidiary currently mainly produces packaging foil products, and plans to switch production or expand battery aluminum foil production capacity in the future. It is expected that the global demand for power batteries will exceed 10TWH in the next 10 years.

    The company's third quarterly report data shows that in the first three quarters of 2022, the company achieved operating income of 16.645 billion yuan, a year-on-year increase of 29.39%. The net profit attributable to shareholders of listed companies was 1.033 billion yuan, a year-on-year increase of 293.27%. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 1.074 billion yuan, a year-on-year increase of 410.31%.

    At the performance meeting, Dingsheng New Materials said that benefiting from the growth in demand from downstream customers, the company's battery foil orders have maintained steady growth. The company plans to increase battery foil production capacity next year through the successive production of 800,000 tons of battery aluminum foil and billet projects in Inner Mongolia. At present, the downstream market demand is still strong. The company will predict the shipment volume next year based on the existing market share. The target of carbon-coated aluminum foil will be about 10% of the total shipment of battery foil.

    In terms of overseas factories, the company is currently in the country Source:
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