Yuefeng new material said at the company meeting that the company has been paying attention to the development of aluminum plastic film for lithium batteries in recent years, and actively carry out technology reserves, the company has applied for related patents around 2018. In 2020, the company reformulated its development strategy, and established a wholly-owned subsidiary, Zhejiang Yuefeng New Energy Material Effective Company, in 2021, with the capacity of aluminum plastic film.
Companies release capacity differently depending on products and orders. Aluminum plastic film in the next year to achieve more than 10 million square sales. High barrier easy to expose the current order reserve of about 60 million yuan/year, hope to achieve more than one million sales next year. Production of the integrated material is expected to begin in 2023.