On December 11, Shenzhen Xinlun Technology Co., Ltd. (002341.SZ) issued an announcement stating that the company and Akron Polymer Systems (hereinafter referred to as "Akron") intend to establish a joint venture in Nanshan District, Shenzhen— —Polyurethane Materials Technology (Shenzhen) Co., Ltd. (hereinafter referred to as "polyurethane materials" or "joint venture"), the company intends to invest 35 million yuan in cash (except for special instructions, the amount of currency in this announcement is in RMB) , Accounting for 70% of the registered capital; Akron plans to invest 15 million yuan in proprietary technology, accounting for 30% of the registered capital. The total investment of the joint venture is planned to be 125 million yuan.
According to the announcement, the scope of business of the joint venture company is: R & D of materials and related technologies, including polymer materials, high-performance composite materials and their products, optical films, functional coating materials, polymer functional films, materials for the display industry, and Its derivatives, polarizer protective films, optical compensation films, heat-resistant base films, materials for lithium batteries, carbon materials; research and development of common technologies and production technologies in the field of polymer materials;
In addition, the joint venture company and the cooperating colleges and universities will rely on existing resources to give full play to their respective advantages. They plan to cooperate in polyimide film materials, optical film materials, and other new materials and functional materials to conduct technology research and development. Scientific and technological innovation, and further promote the research and development and incubation of the technical results obtained in the direction of marketization and industrialization.
In recent years, with the strong support of national policies, the domestic display industry has developed rapidly. In order to meet the domestic demand for optical films in the domestic display industry, the company has started to invest in the "functional optical film materials for display" project in Changzhou Functional Materials Industrial Park in 2017 (Changzhou Phase III project).
Xinlun Technology stated in the announcement that the company invested in the establishment of a joint venture with Akron this time, combining the company's market advantages and Akron's technical advantages, and aimed at the problems faced by the domestic display industry, and united upstream and downstream industries. Chain and well-known R & D institutions at home and abroad, establish industry-university-research cooperation platform, technology innovation and new product development platform, polymer new material industrialization application platform, realize domestic self-supporting of high-end optical thin film materials, and promote innovation and win-win cooperation with domestic industries Rapid development.
At the same time, in order to further enhance the company's R & D and innovation capabilities in the optoelectronic display industry chain and lay out the next-generation flexible display material market through resource integration, Xinlun Technology stated in another announcement on the same day that the company's wholly-owned subsidiary Xinlun Technology ( Hong Kong) Co., Ltd. (hereinafter referred to as "Hong Kong Xinlun") intends to acquire 45% of Akron's shares for a price of US $ 9.9 million.
In addition, Xinlun Technology said that after the acquisition, the company has become a major shareholder of Akron, and can take advantage of the company's advantages in the research and development of polymer materials such as polyimide to lay out future flexible display requirements for materials. Promote the domestic commercialization of the company's products; on the other hand, the company's strong R & D team can be introduced to jointly develop, produce and manufacture functional materials in the field of optical displays for domestic customers, and promote the upgrading of national products and foster independent intellectual property rights. important meaning