Zhongfu: Wholly-owned secondary subsidiary invests 356 million yuan to build a new energy aluminum foil project with an annual output of 25,000 tons

Zhongfu Industrial announced that its wholly-owned secondary subsidiary, Henan Fujin New Materials Co., Ltd., plans to invest 356 million yuan to construct a new energy aluminum foil project with an annual production capacity of 25,000 tons. The project is divided into construction investment of 300 million yuan, construction period interest of 6.35 million yuan, and working capital of 49.9 million yuan, with funding sources including Fujin New Materials' capital and bank loans. The project construction period is 2 years, with an expected annual production of 25,000 tons of aluminum foil, including 20,000 tons of aluminum foil for aluminum-plastic film, 3,000 tons of cold-formed aluminum foil, and 2,000 tons of electronic aluminum foil. The project is expected to generate an average annual revenue of 662 million yuan (excluding tax) and an average annual net profit of 37.5 million yuan, with a financial internal rate of return of 13.1% and an investment payback period of 8.8 years. This investment aims to increase the proportion of high value-added products in the company's aluminum deep processing business and enhance market competitiveness