The Ongoing Innovation of the High-Precision Ultra-Thin Copper Foil Project by Far East Under the “New Infrastructure Construction” of China

Author:wansu Yu Published: 2020-06-11 Hits:

On May 22, with the official opening of the “two sessions” of China; Gao Hongwei (the representative of National People Congress) stated his thoughts on the topic of “the new infrastructure construction:” The innovation vigor of traditional enterprises and industries could be empowered by new industries.

The “New Infrastructure Construction” is a comprehensive concept of a series of modern infrastructure systems that serves the long-term development and the two strategic planning of strength development of China. Some recent new infrastructure projects of China include the 5G infrastructure, ultra-high voltage, inter-city rail, and the charging station for alternative fuel vehicles.

With the outbreaking of the pandemic, the “New Infrastructure Construction” is an essential measurement for the stable development of the economy, with a high expectation of the new economic growth of China in the future.

 

The Increasing Demand of the Copper Foil of the Alternative Fuel Vehicle Industry of China

On March 31, the state council executive meeting stated that a two years’ extension would be applied to the tax-free policy and purchase subsidy of alternative fuel vehicles. According to the “Medium and Long Term Development Plan for Automobile Industry” made by the Ministry of Industry and Information Technology, the National Development, and Reform Commission and Ministry of Science and Technology: by 2020, the total annual production amount of alternative fuel vehicles will reach two million; by 2025, the total annual production amount will reach seven million. 

With the rapid growth of the production amount of alternative fuel vehicles in China, there is an annual increase in the installed capacity and the volume of shipment of the power battery according to the data of GGII. By 2025, the total volume of shipment of the power battery will reach 385.2GWh predicted by GGII. High-precision ultra-thin copper foil is a lithium-ion battery negative current collecting unit material, one of the main materials of the lithium-ion battery. Hence, the demand for copper foil will be raised by the increase in the volume shipment and the installed capacity of the lithium-ion battery.

For the future “new” strategic planning, Shengda Electric (a subsidiary company of Far East Smarter Energy Co., Ltd) has already started the high-precision ultra-thin copper foil project.

 

Advanced Technology & Talent, Joining the “New Infrastructure Construction”

Opportunities occur when practical technology meets. Shengda Electric has mastered multiple core technologies related to high-precision thin copper foil, including additive application technology, electrolyte purification technology, anti-oxidation technology of copper foil and copper foil cutting technology. The Jiangsu Fine Copper Alloy Engineering Technology Research Center (owned by Shengda Electric) has multiple inventive patents, including ISO9001 Quality System Certificate, IATF 16949 System Certificate, and GB/T24001 Environmental Management Systems Certificate. The company has also received honors, including the Science and Technology Progress Award of Jiangsu Province.  

Staff” is the key power for the sustainable development of an innovative enterprise while keeping its leading industrial position. Shengda Electric has dozens technique and management professionals in the areas of the production of the lithium-ion battery, technology optimization and control, quality control, products management, and equipment management; among whom, core staff members have many years experience of lithium copper foil’s production and development.the company also has a long-term strategic partnership with various universities and institutions, including Shanghai Electric Cable Research Institute, China Academy of Railway Science, and Shanghai Jiao Tong University.

The Investment of Several Hundreds of Millions By Following the Development of the “New Infrastructure Construction”

In the next five years, the alternative fuel vehicle industry will be developed worldwide positively with the increasing percentage of lithium-ion batteries in the energy storage system, wearable technology, and new digital area. Power battery will be the fastest-growing module of the lithium-ion battery industry and become the main sector of the global copper foil market.

 

With support from the experienced technology and professional team, Shengda Electric will continue to promote the strategic project of the high-precision ultra-thin copper foil by targeting the demand of the market. Currently, the company is planning to start the 4.5-9-micron high precision ultra-thin lithium copper foil project with a total investment amount of 358 million RMB. Three hundred million RMB investment is expected to be raised to reach the production goal of 5000 tons of 4.5-9-micron high precision ultra-thin lithium copper foil. To further perfect the business layout and product structure of the company, Shengda Electric will keep expanding its market share in the field of high-end and medium-end power battery market that enhances the overall competitiveness of the company. 

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