Ding Sheng New Material: Formulate a fundraising of not over 2.7 billion yuan, for annual output of 800,000 tons of battery foil and supporting billet projects, etc.

On July 20, 2022, the A -share company Ding Shengxin (603876.SH) announced that the additional fundraising of not more than 2.7 billion yuan was formulated for an annual output of 800,000 tons of battery foil and supporting fueling projects, and supplementary mobile fund projects.

This project improves the production capacity of the company's battery foil and supporting billets through new factories and supporting facilities, and new purchase equipment. After the project is completed, it is expected that the production capacity of 200,000 tons of battery foil and the production capacity of 600,000 tons will be added.

After estimation, the investment in the investment in this project (after income tax) was 16.51%, and the static investment recycling period (after income tax) was 8.72 years, which has good economic benefits.

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