With the growing demand for high-quality batteries in the power battery market, carbon nanotube conductive paste is gradually replacing traditional conductive agents, and Carbon nanotube paste battery-specific type is used to improve its energy density, fast charging and discharging, cycle life and other performance.
The rising demand for carbon nanotube conductive paste replacement by downstream power battery companies has led to an increase in market demand for the company's main product, carbon nanotube conductive paste; on the other hand, due to the rapid development of the downstream new energy vehicle industry, the demand for power lithium batteries has risen rapidly, and the demand for carbon nanotube conductive paste products has increased rapidly. The sales volume of the company's main product, carbon nanotube conductive paste, has increased, and sales revenue has increased significantly compared with the same period last year.
In recent years, with the development of power batteries towards high nickel and the increase in the use of silicon and carbon, the penetration rate of carbon nanotube conductive agents has increased. Overall, the market share of new conductive agents represented by carbon nanotubes has increased rapidly, and the penetration rate of leading power battery companies in the application field of carbon nanotube products is increasing rapidly.
In order to adapt to the ever-expanding market demand, TANFENG Technology plans to add a new expansion project for the carbon nanotube conductive slurry production line, which will further expand the production capacity of carbon nanotube conductive slurry and other products to meet the downstream customers' demand for carbon nanotube conductive slurry, enhance the company's sustainable operating capabilities, and consolidate the company's leading position in the field of carbon nanomaterials.