By Li Panpan
China’s listed material supplier Xinlun New Materials(新纶新材) said its latest business progress is to have become a supplier to Google with its optoelectronic materials. The company shared this information on its investor relationship management platform of the Shenzhen Stock Exchange on July 6th.
Due to the confidentiality of the deal, Xinlun did not disclose the details.
Founded in 2002 and listed on Shenzhen Stock Exchange in 2010, Shenzhen-headquartered Xinlun New Materials focuses on R&D, manufacturing, and sales of advanced functional polymer materials and new material precision manufacturing.
The company’s optoelectronic materials business includes electronic functional materials and optoelectronic display materials.
Its electronic functional material products, like advanced OCA, can realize the functions of bonding, shockproof, protection, heat conduction, heat dissipation, dustproof, insulation, conduction, and other functions between functional modules or components in smartphones, tablet computers, automotive electronics, and touch devices.
Its advanced photoelectric display materials, like CPI films, are mainly used in display structures like folding screens and polarizers in consumer electronics such as smartphones, tablets, and wearable devices.
For its business of optoelectronic materials, the company established long-term and stable cooperation with China’s leading consumer electronics and display panel enterprises such as Xiaomi, Honor, OPPO, Vivo, Foxconn, Lens Technology, and BOE, according to its 2021 annual report.
It divested one of its industry parks in Shenzhen on June 22 at RMB280 million ($41.78 million) to optimize its asset structure. And it said that its core production bases of new energy materials and optoelectronic materials are in Changzhou of eastern China’s Jiangsu province.
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