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29 NOVEMBER 2023 AL CIRCLE

Junjia Xinyuan plans to establish a new aluminium foil business worth RMB 100 million

EDITED BY : SARNALI CHAKRABORTY 1MINS READ

Junjia Xinyuan, a wholly-owned subsidiary of Jinjia Co., Ltd., announced on November 22 that it intends to invest RMB 100 million in establishing a new company named Shenzhen Jinjia Juneng Technology. This new company will conduct research and development, manufacture, and sell composite aluminium foil. 

Junjia Xinyuan plans to establish a new aluminium foil business worth RMB 100 million

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Simultaneously, by the Strategic Cooperation Agreement established between Jinjia Xinyuan and Shenzhen Houlang Laboratory Technology Co., Ltd., the two entities will engage in strategic collaboration about high-power magnetron sputtering equipment for the production of polymer/metal composite materials. 

Once Jinjia Juneng is founded, its primary responsibilities will include conducting the landing, pilot testing, and small-scale verification of the research and development outcomes. The aim is to meet the acceptance criteria and attain the necessary production and sales conditions for manufacturing composite copper foil using a one-step process.


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EDITED BY : SARNALI CHAKRABORTY 1MINS READ

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