On July 2, the first application of SHHF Aluminum Technology Group was approved by the China Securities Regulatory Commission and will be listed on the Shanghai Stock Exchange. The company's initial public offering of A shares did not exceed 249,638,000 shares, accounting for 25.00% of the total share capital after the issuance. According to the prospectus, SHHF intends to raise funds of 19,538,838 yuan. The funds raised this time will be used for projects with an annual output of 200,000 tons of aluminum sheets and foils.
Founded in 2008, SHHF is mainly engaged in the R&D, production and sales of aluminum sheet and foil. The main products include aluminum alloy sheet and foil materials of various series, various brands and various specifications in the field of heat transmission, which are widely used in automobiles. , Construction machinery, power stations and household and commercial air-conditioning heat exchange systems, as well as for the production of new energy vehicle power battery shells, is currently the domestic production capacity of aluminum heat transmission material suppliers.
SHHF has always been positioned to develop "high-end markets, high-end customers, and high value-added products." Aluminum foils and foils produced by SHHF are mainly divided into aluminum heat transmission materials and battery materials for new energy vehicles according to their functions. Among them, battery materials for new energy vehicles are mainly used to manufacture battery parts for new energy vehicles; aluminum heat transmission materials are mainly used for The heat exchange system for the manufacture of automobiles, domestic and commercial air conditioners belongs to high value-added, deep-processed aluminum alloy materials; in addition, SHHF has been producing stamped parts since 2019. Stamping parts are mainly used to manufacture structural parts such as automobile cooling equipment, which belong to the existing The downstream derivatives of the product.
SHHF has a complete production line from melting casting, compounding, hot rolling, cold rolling, annealing to finishing and slitting. It has a high degree of automation. The technical indicators and processing accuracy of the equipment are at the advanced level in the same industry in China. Its key control system and The components are imported from abroad. The hot rolling mill is equipped with a convexity meter imported from Germany for the first time in China, and the cold rolling mill adopts AGC/AFC mass flow control technology imported from the United States to ensure that the product has high precision, high strength and high corrosion resistance. . At the same time, it has a high-standard technology research and development center and testing center. It has established a joint laboratory with Shanghai Jiaotong University and carried out technical cooperation with the technology center of Japan Light Metal Group. The new product development capability is strong and excellent, equipped with a strong technical service team, timely and effectively Provide customers with pre-sales, sales, and after-sales service.