Suzhou SLAC Precision Equipment Co., Ltd.

Suzhou SLAC Precision Equipment Co., Ltd. is a manufacturer listed on the ChiNext board of the Shenzhen Stock Exchange since 2014. The company specializes in the research and development, design, production, assembly, and commissioning of metal packaging production equipment, particularly high-speed easy-open ends for the beverage and food industries. Additionally, SLAC focuses on the development and manufacturing of precision dies, intelligent testing equipment, and spare parts, while also providing full turnkey operations for its clients. In recent years, the company has expanded into the lithium battery shell sector for new energy vehicles, leveraging its expertise in precision forming and automation technology. The main products of SLAC include high-speed production equipment for easy-open ends and cans, intelligent testing equipment, digital printing mini can lines, and new energy vehicle battery shells. The company holds a competitive edge in the domestic market, being the only Asian manufacturer with advanced technology in high-speed can and end production equipment. Its products have gained international recognition, with sales extending to major markets such as the United States, Europe, Japan, and South Korea. The company is positioned to benefit from the growing demand for metal packaging and new energy vehicle components, as it continues to enhance its technological capabilities and expand its market presence.

The Company is a domestic manufacturer specializing in providing high-speed can and end manufacturing equipment. At present, there is no competitor among domestic enterprises that is similar to the Company in terms of technology level and product performance. Since its establishment, the company has steadily increased its domestic market share by virtue of its comparative advantages in technology and price, and has occupied a high position in the market for new combination end equipment. With the expansion of the company's scale and further improvement of its technology level, the domestic market share will further increase. Europe and the United States, as well as China and other countries have issued "Plastic Restrictions", as one of the better alternatives to plastic packaging, such as metal packaging cans, the future demand will grow further. As a result, the demand for new and expanded production equipment of easy-pull lid and cans will increase. At the same time, influenced by factors such as consumption upgrade, the beer can conversion rate may continue to improve. In addition, the development of overseas epidemic situation and the increase of demand for canned food in various places are further stimulating the expansion of the market of cans equipment. Affected by the above multiple factors, the whole can, easy to open end equipment market is in a high state of demand. At the same time, the company is the only one in Asia with mature technology in high speed can and end production equipment supply. The technical performance and overall standard of equipment has reached a very high level. The company's products have been sold to the United States, Europe, Japan and South Korea as well as many other major countries around the world, becoming one of the main suppliers in the global market. The mini digital printing equipment developed by the company has also won the first Gold Award for International Supplier Innovation from the CanTech Grand Tour in 2019, an authoritative voice in the industry, the technical level of this innovation has been recognized by the global can-making industry. The global new electric vehicle (EV) industry has been developing rapidly in recent years, and the trend of replacing traditional fossil fuel vehicles is becoming clearer and clearer, the new EV industry has become a key area of support for China's cultivation and development of strategic emerging industries. As one of the key components of new energy vehicles, the new energy vehicle battery shell will indirectly benefit from the good policy environment of the new energy vehicle industry and will enjoy sustainable and stable development. The company's cylindrical battery casing production line based on the existing can DWI (Draw Wall Ironing) process is still nonexistent in China, compared to other existing production methods. To achieve high-speed production is only one of the company's advantages, the greater advantage lies in the quality of the production line, the production process parameters of the company can achieve precise control ensuring that product quality is maintained to a high degree of consistency plus a good surface finish and excellent material utilization rate. The surface finish and material utilization rate are higher than other existing production methods with a production process that can be unmanned to achieve a perfect match between product quality and efficient production. These also allow product safety to be also higher. In the future, the company will comply with the rapid development trend of the new energy battery market, while promoting the steady growth of traditional business, further increasing investment in the new energy battery casing business further expanding the production capacity of Anhui Sixiang Battery Technology Co., LTD., Xinxiang Shengda New Energy Technology Co., Ltd. as well as other subsidiaries of the new energy battery casing.