Anhui Tongfeng Electronics to Invest 167 Million Yuan for Capacitor Film Line Project
Anhui Tongfeng Electronics (600237.SH) plans to carry out technological transformation on the production line of thin film for capacitors.
On June 12, Gelonhui announced that Anhui Tongfeng Electronics (600237.SH) held the fourth meeting of the tenth board of directors on June 12, 2024, where they reviewed and approved the proposal on technical renovation of the film production line for capacitors, and agreed that the company will carry out technical renovation of the film production line for capacitors. The total investment in this project is 166.6 million yuan (including 15 million euros in foreign currency). The fixed asset investment is 151.4 million yuan, and the working capital is 15 million yuan, funded by company's own capital. The project will use the original factory building and facilities of the company's film production line for capacitors.
Anhui Tongfeng Electronics (600237.SH) plans to implement a 167 million yuan project to upgrade the production line technology for capacitor films.
Zhītōng Finance APP News, Anhui Tongfeng Electronics (600237.SH) announced that the company has successively invested in the construction of eight polypropylene film production lines for capacitor since the 1980s. The first capacitor film production line was introduced from Germany in 1988 and has been running for 36 years. Due to its long construction time, the production line design parameters are outdated compared to the current mainstream production lines. The equipment has aged significantly, with slow production speed and high unit output energy consumption. Currently, the product performance of this production line is unable to meet the mainstream requirements of the market. The produced film can only be used in the low-end market, and its product competitiveness is insufficient. The company plans to dispose of this production line.
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