Rianlon Corporation (300596.SZ) plans to increase capital by 50 million yuan in Sudofu, its main business is the electronic adhesive industry.

Rianlon Corporation (300596.SZ) announced that the company plans to subscribe for an additional registered capital of RMB 17.85714 million in Stoderford with its own funds of RMB 50 million, and the remaining amount of RMB 48.214286 million will be included in the capital reserve. After this capital increase is completed, the company will hold 25.00% equity in Stoderford. The announcement stated that Stoderford is one of the backbone enterprises in the domestic electronic adhesives industry, with four major research and development centers established in Tianjin, Shenzhen, Shanghai, and Yokohama, Japan. It has formed a research team with more than 40 university professors, owning 87 patents covering core resin systems adhesives such as epoxy, polyurethane, acrylic, and organosilicon. Its core innovative product, the isotropic conductive adhesive, has broken through foreign technical monopolies, and the high refractive index nanoscale imprinting adhesive has overcome technological barriers in the display industry, supplying more than 300 leading customers in downstream industries. The announcement stated that the purpose of this capital increase in Stoderford is to expand new product categories for the company's electronic materials business. After acquiring IPITECHINC. in South Korea to enter the electronic grade PI material business, this investment is another important step in expanding the core electronic grade new materials industry for flexible OLED displays, flexible circuit boards (FPCs), chip packaging, new energy vehicles, and other fields for the company.