Recently, the Jiangmen Xinhui Industrial Park (Fengshanhu New Energy Industrial Park) gained new momentum with the turnkey delivery and trial production launch ceremony for the graphene-coated carbon aluminum foil production site project, marking the project’s entry into the trial production stage. It is understood that the project involves a total investment of approximately 200 million yuan, covers an area of 50 mu, and has a total gross floor area of 33,000 m². Upon full completion, it will be capable of producing up to 48,000 mt of graphene-coated carbon aluminum foil annually. The project was invested in and constructed by Jiangmen Yingang New Energy Industrial Park Construction Co., Ltd., an enterprise under Jiangfa Group.

On March 26, the signing ceremony for the cooperation between Nanning Industrial Investment Group and Shanghai Dinghao New Material Technology Co., Ltd., along with the unveiling ceremony of Nanning Dinghao New Material Technology Co., Ltd., was held at the Chanto Aluminum-Based New Materials Xingning Industrial Park. Shanghai Dinghao New Materials is expected to invest 500 million yuan to build in Nanning a base project with an annual capacity of 60,000 mt of high-performance carbon-coated aluminum foil for new energy batteries.

On March 18th, the handover and trial production ceremony for the graphene-coated aluminum foil production base, a supporting project for the Fengshan Lake New Energy Industrial Park, was successfully held, officially marking the start of the trial production phase. The project has a total investment of approximately 200 million yuan and, upon completion, will have an annual production capacity of 48,000 tons of graphene-coated aluminum foil. The Fengshan Lake supporting production project is a new energy industry project focusing on high-end manufacturing. It is a joint development project between Jiangmen Development Group's subsidiary, Jiangfa Industrial Park Group, and Guangdong Shengkai Metal Industry Co., Ltd.

This week, the weekly operating rate of leading downstream aluminum processing enterprises in China rebounded 1.1 percentage points MoM to 64%.

[Weekly Operating Rates in the Aluminum Processing Industry: China's Aluminum Processing Sector Sees Modest Growth Amid Peak Season Demand] This week, the weekly operating rate of leading downstream aluminum processing enterprises in China edged up 1 percentage point WoW to 62.9%.

Among them, the Gulf region was an important consumer market for China in the Middle East: China’s exports of aluminum plate/sheet and strip to Saudi Arabia reached 42,500 mt, and aluminum foil 58,000 mt; exports of aluminum plate/sheet and strip to the UAE reached 103,500 mt, and aluminum foil 93,800 mt; the other four countries (Bahrain, Qatar, Kuwait, and Oman) accounted for combined exports of about 22,000 mt of aluminum plate/sheet and strip and about 11,000 mt of aluminum foil.