
Wanshun New Material plans to invest in the establishment of a wholly-owned subsidiary, primarily engaged in the aluminum-plastic film business

Wanshun New Material plans to invest in the establishment of a wholly-owned subsidiary, Anhui Zhongji Aluminum-Plastic Film Technology Co., Ltd., which will focus on the aluminum-plastic film business. The registered capital will be paid in stages according to business progress. This move aims to improve the layout of the new energy materials business, enhance core competitiveness, and promote long-term sustainable development. Aluminum-plastic film is a key material for the packaging of soft-pack battery cells, and market demand is expected to accelerate due to the development of new energy vehicles and solid-state battery technology
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