Xinlun Technology: The company signed a supply agreement with LG Chem and strives to become LG's main supplier

On March 16, when answering questions from investors, Xinlun Technology stated that the company cooperates with downstream 5G manufacturers to produce materials for use in 5G products. The products include electronic functional materials, optical thin film materials, etc. The company's Changzhou aluminum-plastic film production line has passed LG Chemical's certification and signed a supply agreement, striving to gradually become one of LG's main suppliers.

In terms of CPI/HC materials, Xinlun Technology said that it is mainly used in folding mobile phones and has no direct relationship with whether it is 5G. The company maintains a good cooperative relationship with multiple end customers.

In addition, Selen Science and Technology plans to expand the production capacity of masks to 5 million per day. Equipment has been arriving and put into use in Shenzhen in recent days. Tianjin is currently conducting trial production, and production capacity is increasing every day. Selen Science and Technology said that the company's mask products will be exported when they meet domestic demand, and currently there are sufficient domestic orders.

Previously, Selen Science & Technology said that in order to fully support the country's epidemic prevention work, Selen Science & Technology took action at the first time to organize the production of masks, sterilized gloves, barrier gloves, protective clothing and other epidemic prevention and protection products. From January 21, the factory began 24-hour uninterrupted rush production. During the entire Spring Festival, the company did not take a holiday and produced at full capacity 24 hours a day. Selen Science & Technology plans to expand production at several bases in Shenzhen, Suzhou and Tianjin at the same time. The expansion has received strong support from local governments, and all kinds of filing procedures have been passed at the first time. With the support of all parties, the expansion plan is currently going very smoothly.