Dingsheng postpones battery aluminum foil project
2025-07-24 13:34:37 [Print]
Jiangsu Dingsheng New Energy Materials Co
The company had previously raised around RMB1.25 billion (USD174 million) through the issuance of convertible bonds . It has since canceled two other projects, a technical upgrade of its aluminum sheet, strip, and foil lines, and a 60,000tpa aluminum alloy automotive body sheet project, and reallocated all remaining funds to support the battery foil project.
. , Ltd . announced that it has board approval to postpone the completion date of its 800,000tpa battery foil and supporting slab project from August 2025 to December 2027 . No other changes have been made to the project.The company had previously raised around RMB1.25 billion (USD174 million) through the issuance of convertible bonds . It has since canceled two other projects, a technical upgrade of its aluminum sheet, strip, and foil lines, and a 60,000tpa aluminum alloy automotive body sheet project, and reallocated all remaining funds to support the battery foil project.