Yuefeng New Materials: Invest 100 million yuan to establish an aluminum-plastic film business company
October 10, 2025
Yuefeng New Materials announced that based on its future strategic planning and the development needs of its main business, the company plans to have its wholly-owned subsidiary, Jiangsu Yuefeng New Energy Technology Group Co., LTD., use its own funds of RMB 100 million to establish a wholly-owned subsidiary, Anhui Yuefeng Aluminum-Plastic Film Technology Co., LTD., mainly engaged in aluminum-plastic film business. The registered capital will be paid in full step by step according to the progress of the business. Aluminum-plastic film is a key material for the packaging of pouch battery cells. The development of the new energy vehicle market and the increasing penetration rate of pouch power batteries have brought a broad market space for aluminum-plastic film products. Meanwhile, the development of solid-state battery technology and the acceleration of the industrialization process are expected to drive the demand for aluminum-plastic film to grow at an accelerated pace.