Nantong Jianghai Capacitor Co. Ltd. (002484.SZ) invested RMB 200 million to build 10 high-voltage & large-capacity film capacitor production lines so as to enter into high-end film capacitor market. The project is expected to put into operation in May of 2012 and the annual capacity of its high-voltage & large-capacity film capacitor will reach 1 million.

Compared with aluminum electrolytic capacitor, film capacitor in high-voltage filed has more advantages with large capacity and good reliability, and currently the penetration rate of film capacitor in the fields of new energy vehicles and wind power has increased sustainably.

Jianghai Capacitor is the leading enterprise in aluminum electrolytic capacitor industry in China, with the advantages in aluminum electrolytic capacitor technology, brand-establishment and customer resource, the investment in film capacitor field will help the company enrich its capacitor production lines and further improve its competiveness in capacitor industry.