- Business
- Jiangsu Lidao New Materials Co., Ltd. engages in the research, development, production, and sale of aluminum products in China and internationally. The company manufactures coated aluminum coils, aluminum magnesium manganese roofing systems, curtain wall facing panels, finishing and cutting aluminum materials, high-end colored aluminum products, and welded honeycomb panels; it also produces sheet metal parts, hardware processing products, pre-painted aluminum coils, aluminum sheets, and anodized aluminum plates for applications in construction, rail transit, new energy vehicles, military industry, petrochemicals, shipbuilding, food packaging, and other industries. Jiangsu Lidao New Materials operates primarily from facilities in East China, with exports representing 11% to 20% of sales, and targets customers in building decoration, automotive, and industrial sectors. Founded in 2004 and headquartered at No. 1959 Longcheng Avenue, Zhonglou District, Changzhou, Jiangsu Province, China, the company formerly operated as Changzhou Lidao Metal Material Manufacturing Co., Ltd. and maintains large-scale production lines including ultra-wide and ultra-thick aluminum coil roller coating capabilities, with over five production lines and capacity for 500,000 square meters of aluminum curtain wall panels and 12,000 metric tons of multicolor coated aluminum annually. In recent developments, the company reported 2024 annual revenue of 1.759 billion yuan, up 12.21% year-over-year, alongside a net loss of 34.2265 million yuan; it issued 2025 semi-annual and third-quarter reports indicating ongoing operations amid production ramp-up at its subsidiary Jiangsu Lidao New Energy (Anhui) Co., Ltd., and supplied anodized plates for the phase I reconstruction and expansion of Nanjing Lukou International Airport's T1 terminal.