Yinglian Co., Ltd. (002846.SZ): Jiangsu Yinglian Composite Fluid Collector received a mass production order from a Korean customer U&S ENERGY

Zhitongcaijing · 11/26 10:57

Zhitong Finance App News, Yinglian Co., Ltd. (002846.SZ) announced that the company's holding subsidiary Jiangsu Yinglian Composite Fluid Collector Co., Ltd. (hereinafter referred to as “Jiangsu Yinglian” and “Jiangsu Yinglian Composite Fluid Collector”) recently received a mass production order from a Korean customer U&S ENERGY (100,000 ㎡ composite aluminum foil and 50,000 square meters composite copper foil), and the two sides signed a “Strategic Cooperation Agreement” on November 26, 2024.

Jiangsu Yinglian is an enterprise specializing in the R&D and manufacture of composite fluid collectors. U&S is a Korean lithium battery manufacturer, technology and application solution provider, serving South Korea's leading new energy companies such as Samsung SDI, LG, and SKon. Since May 2023, the two parties have gone through 18 months of continuous R&D, sample provision, testing and optimization. At the same time, Jiangsu Yinglian provided U&S with composite fluid application technology solutions. Finally, in November 2024, composite fluid collector products were successfully shaped to fully meet the new generation of U&S Application requirements for power batteries.

In order to further promote a win-win situation of cooperation, the two sides reached strategic cooperation in technology and procurement: U&S identified Jiangsu Yinglian as the sole supplier of composite fluid collectors and planned to purchase 2 million square meters of composite aluminum foil and 1 million square meters of composite copper foil from Jiangsu Yinglian in 2025. Demand will continue to grow from 2026 to 2029, and procurement from Jiangsu Yinglian.