- Business
- Shanghai Huafon Aluminium Corporation Shanghai Huafon Aluminium Corporation (601702.SS), headquartered in Shanghai's Jinshan District, China, and founded in 2008 as a subsidiary of Huafon Group, engages primarily in the research, development, production, and sales of aluminum sheets, strips, and foils, with a focus on high-performance aluminum heat transfer materials and new energy vehicle battery components. The company's core products encompass aluminum heat transfer composite and non-composite materials for heat exchangers in automobiles, engineering machinery, power stations, household and commercial air conditioning systems, and EV battery applications including battery cases, anode foils, aluminum plastic foils, and cooling plates; these serve premium brands such as Mercedes-Benz, BMW, Audi, Tesla, Volkswagen, and Toyota, with customers including DENSO Corporation, MAHLE Group, Hanon Systems, Sanhua, Yinlun, and Great Wall Motors; additional offerings include stamping parts and alloys in 1xxx, 3xxx, 4xxx, 5xxx, 7xxx, and 8xxx series for transportation, construction, food packaging, electronics, and power electronics sectors. Operations span China and international markets across more than 40 countries in North America, Europe, Asia, Africa, and South America, supported by advanced facilities like DC and CC casting, hot and cold rolling lines with German and US-imported technology, achieving an annual capacity exceeding 1 million tons and positioning it as China's largest aluminum heat transfer material supplier. Recent developments include signing a major raw materials purchase agreement in July 2025 with Shaanxi Yulin New Materials Group for no less than 360,000 tons from 2025 to 2029, valued at over 7.2 billion yuan to secure production inputs; reporting half-year earnings for the period ended June 30, 2025 in August; and ongoing expansions in high-end materials for electronics, automotive, and exports to Southeast Asia and Europe, alongside recognitions as a national single champion manufacturing enterprise, green factory, and specialized small giant. With approximately 1,913 employees and a strong R&D focus through partnerships with Chinese universities and international experts, the company maintains certifications as a high-tech enterprise and Shanghai technology center, exporting about 30% of sales.