The export destinations of my country's aluminum foil products are relatively scattered, with the top nine export destinations accounting for 53%, and each destination accounting for an average of 5.9%. The two countries with the largest export volume of China's aluminum foil products are Thailand and India, accounting for more than 8% and a total of 17.2%. The quantities of aluminum foil products exported to Thailand and India were 129,000 tons and 122,000 tons respectively.
In 2021, Dingsheng New Materials, the leading company in my country's aluminum foil industry, has a sales market share of 73.6%. Chang Aluminum Co., Ltd. has a sales market share of 12.40% in the aluminum foil industry, making it the second largest aluminum foil supplier in the market. . In the future, due to cost and technology gaps, some small and medium-sized manufacturers will gradually be eliminated in the market price cycle fluctuations, and market share will be further concentrated in the leading aluminum foil companies. Among them, Chang Aluminum Co., Ltd. is expected to further increase its market share due to its strong cost control capabilities and leading technology level.
GNEE's main business is the R&D, production and sales of aluminum sheets, strips and foils. Its main products are air-conditioning foils, single-zero foils, double-zero foils, aluminum strips, new energy battery foils, etc. The products are widely used in green packaging, household appliances, home appliances, Lithium batteries, transportation, building decoration and other fields. GNEE has been engaged in the research and development, production and sales of aluminum sheets, strips and foils since its establishment. It has adopted a market strategy that is one step ahead and has become the leading enterprise in domestic aluminum foil products in a short period of time. In 2022, GNEE's aluminum foil products will achieve operating income of 18.489 billion yuan, a year-on-year increase of 30.06%.
