Putailai acquires 80% equity of Jiangsu Foil to accelerate R&D and mass production of composite copper foil

In order to accelerate the research and development and mass production of composite copper foil current collectors, Putailai acquired and increased its capital to control 80% of Jiangsu Foil Hua through its wholly-owned subsidiary Jiangsu Zhuoli. This move will help Putailai and Jiangsu Foil Hua to form synergies in technology and industry, thereby building a diversified product and service layout, improving the level of intelligent coating process technology, and providing customers with comprehensive solutions.