Core Viewpoint - The company is progressing with its composite copper foil project and is actively collaborating with downstream customers for ongoing validation testing of battery cells, although it has not yet secured large-scale orders [1] Group 1 - The composite fluid project is advancing in an orderly manner [1] - The company is conducting continuous validation tests with downstream customers [1] - Some products have been sampled, resulting in small batch orders [1] Group 2 - The company has not yet obtained large-scale orders for the composite copper foil [1] - The company will fulfill its information disclosure obligations as necessary [1]

Group 1 - The core point of the article is that Yinglian Co., Ltd. has initiated the second phase of its long-term equity incentive plan to further bind its core team with business development and accelerate the industrialization of new energy vehicle power lithium battery materials [1] - The company approved an investment of 3.089 billion yuan to construct a composite copper foil and composite aluminum foil project, which is expected to achieve an annual production capacity of 500 million square meters of composite copper foil and 100 million square meters of composite aluminum foil [1] - A new subsidiary, Jiangsu Yinglian, was established in February 2023 to implement the composite fluid project, supported by a technical team with expertise in vacuum physics and optical films [1] Group 2 - Jiangsu Yinglian has established five production lines for composite aluminum foil and five for composite copper foil, and is preparing for mass production [2] - The subsidiary has developed composite aluminum foil and composite copper foil products, which are currently in the testing phase with downstream customers in power batteries, consumer batteries, and energy storage batteries [2] - The second phase of the equity incentive plan involves a total incentive scale of 5 million yuan, with the first grant corresponding to 1.4568 million yuan for two core strategic execution personnel [2]

Group 1 - The core point of the news is the announcement of the progress of the long-term equity incentive plan for Jiangsu Yinglian Recombined Fluid Co., Ltd., a subsidiary of Guangdong Yinglian Packaging Co., Ltd. [2][4] - The long-term equity incentive plan aims to motivate and retain core talents, aligning their interests with the company's long-term development goals [4][13] - The company has established a technical development team for the Recombined Fluid Project, which includes experts in various fields to ensure the orderly advancement of product research and development [2][3] Group 2 - The first phase of the equity incentive plan is currently in progress, with adjustments made due to some participants no longer meeting the eligibility criteria [7] - The second phase of the equity incentive plan has been approved, with a total of 500 million yuan in registered capital, of which 1% will be allocated to the incentive plan [8][9] - The performance assessment criteria for the second phase will include both company-level and individual-level metrics, ensuring that the incentive plan is closely tied to performance [11]

格隆汇1月29日丨洁美科技(002859.SZ)在投资者互动平台表示，江西柔震（原名"鸿美新能源"）后续将 重点开发和生产复合铜箔、PCB载体铜箔类产品；参股公司北京临界领域科技有限公司致力于铜基高温 超导材料及相关应用技术的产业化突破，旨在打破国外技术垄断，保障中国高温超导领域关键原材料的 自主可控；公司参股公司柔震科技的铜箔类产品正在给PCB产业链相关企业送样测试。 ...

洁美科技（002859.SZ）1月29日在投资者互动平台表示，江西柔震（原名"鸿美新能源"）后续将重点开 发和生产复合铜箔、PCB载体铜箔类产品；参股公司北京临界领域科技有限公司致力于铜基高温超导材 料及相关应用技术的产业化突破，旨在打破国外技术垄断，保障中国高温超导领域关键原材料的自主可 控；公司参股公司柔震科技的铜箔类产品正在给PCB产业链相关企业送样测试。 每经AI快讯，有投资者在投资者互动平台提问：子公司鸿美新能源有哪些业务，有没有光伏业务和6G 通信设备业务？公司产品能用于航天方面吗？参股20%的北京临界领域的技术打破国外垄断了吗，产品 能用于哪里？公司有哪些产品用于PCB？ （记者 王晓波） ...

Core Viewpoint - Jiemai Technology aims to become a leading provider of one-stop services and overall solutions for electronic component packaging materials and processes, focusing on electronic-grade film materials, electronic chemicals, and materials related to new energy [3]. Group 1: Company Developments - Jiemai Technology has been actively engaging with numerous institutions for research since January 16, including Shanxi Securities, Huatai Securities, and Tianhong Fund [1]. - The company has achieved a leading global market share in paper carrier tape, breaking the near monopoly held by foreign companies [3]. - Jiemai Technology is expanding its product offerings from electronic packaging materials to include electronic-grade film materials, achieving mass production of products such as release films and composite current collectors [3]. Group 2: Market Conditions - The electronic packaging materials sector is currently experiencing high demand, with core products operating at full production capacity [4]. - The acceleration of global digitalization, coupled with policies like "new infrastructure" and "old-for-new" electronic product exchanges, is driving demand in markets such as 5G, cloud computing, and new energy vehicles [4]. - The industry is in a period of explosive growth, with effective supply-demand matching being crucial for market capture [4]. Group 3: Pricing and Supply Chain - Recent price increases from downstream clients like Yageo and Walsin indicate a potential for Jiemai Technology to adjust its product prices in response to rising demand in sectors such as AI servers and new energy vehicles [5]. - Jiemai Technology has successfully transitioned to stable mass supply of MLCC release films to major clients, completing product validation with Korean and Japanese customers [5][6]. - The company has signed strategic supply agreements with major polarizer manufacturers for release films and is continuously developing high-end release films to replace foreign products [6]. Group 4: Acquisition and New Products - Jiemai Technology completed the acquisition of Jiangxi Rouzhen Technology, which specializes in polymer-metal composite film materials, enhancing its product portfolio for lithium-ion batteries [6][7]. - The new products from Rouzhen Technology, including composite aluminum and copper foils, are aimed at various battery applications, with a planned annual production capacity of 5 million square meters [7].

Group 1 - The core point of the article is the strategic partnership between Jiangsu Yinglian and LG Chem to establish a joint laboratory focused on the research and application of polymer innovative materials and lithium battery new materials [1][2] - Jiangsu Yinglian specializes in the research and production of composite aluminum and copper foils for new energy vehicle power lithium batteries, with a total planned investment of 3.089 billion yuan for its composite fluid project, aiming for an annual production capacity of 100 million square meters of composite aluminum foil and 500 million square meters of composite copper foil [1] - LG Chem, a Fortune Global 500 company by 2025, possesses global technological advantages in advanced materials, and this collaboration aims to leverage both parties' strengths in material research, process technology, and market resources [1][2] Group 2 - The composite aluminum and copper foil products from Jiangsu Yinglian have entered the testing phase with several leading battery companies and are collaborating with automotive and battery companies to develop lithium metal anode materials and other solid-state battery-specific materials [2] - This strategic cooperation with LG Chem is expected to enhance Jiangsu Yinglian's technical research capabilities and accelerate its global market expansion [2] - The joint laboratory will be located in Jiangsu Gaoyou (Yinglian side) and Wuxi (LG Chem side), focusing on the development of composite fluid-specific materials, film processing technology support, and end-customer testing and evaluation [1]

Core Viewpoint - Jiangsu Yinglian Composite Fluid Co., Ltd. has signed a strategic agreement with LG Chem to establish a joint laboratory, aiming to enhance collaboration in the development of innovative polymer materials for composite fluids used in lithium batteries, thereby accelerating the global lithium battery innovation materials market [2][3]. Group 1: Project Overview - Jiangsu Yinglian is focused on the research, production, and sales of composite aluminum and copper foils for new energy vehicle lithium batteries, with a total planned investment of 3.089 billion RMB, targeting an annual production capacity of 100 million square meters of composite aluminum foil and 500 million square meters of composite copper foil [3]. - The composite aluminum and copper foil products have been tested by downstream clients in various battery applications, including power batteries, consumer batteries, and energy storage batteries, with some achieving deeper cooperation with leading clients [3]. Group 2: Cooperation Background - LG Chem, established in 1947, is a diversified global leader in science and is a subsidiary of LG Group, ranking fourth among the "25 Most Valuable Chemical Brands" in 2025, with a projected global sales revenue of approximately 48.9 trillion KRW in 2024 [4]. - The joint laboratory aims to leverage the strengths of both companies to develop next-generation polymer materials for composite fluids, focusing on high-performance applications in lithium batteries [10]. Group 3: Agreement Details - The joint laboratory will be established with locations in both Gaoyou (for Jiangsu Yinglian) and Wuxi (for LG Chem), facilitating resource sharing and collaborative research on new products and technologies [7]. - The cooperation will include research on industry-leading technologies for lithium battery materials, addressing key performance indicators and development directions for next-generation products [10]. Group 4: Impact on the Company - The establishment of the joint laboratory is expected to positively influence the company's future development and aligns with its strategic planning, although it is not anticipated to have a significant impact on the current year's financial performance [11]. - The collaboration is designed to enhance the innovation and application of composite fluid materials, responding to the increasing market demand for high safety, high energy density, and high cycle life batteries [11].

Group 1 - The core viewpoint of the news is the strategic partnership between Yinglian Co., Ltd. and LG Chem to develop innovative polymer materials for next-generation composite current collectors in lithium batteries [1][2] - Yinglian's subsidiary, Jiangsu Yinglian, is investing 3.089 billion yuan in a project to produce composite aluminum and copper foils, with an expected annual capacity of 100 million square meters of aluminum foil and 500 million square meters of copper foil [1] - Jiangsu Yinglian is also developing lithium metal anode materials and specialized composite copper foils for solid-state batteries, collaborating with leading automotive and battery companies for testing and optimization [1][2] Group 2 - The establishment of the joint laboratory will focus on the development of high-performance polymer-based materials and innovative processing technologies for composite current collectors [2] - The collaboration aims to address the increasing demand for batteries with high safety, energy density, and cycle life in the renewable energy and energy storage markets [2] - Yinglian Co., Ltd. has reported a strong performance in 2025, with a projected net profit of 32 million to 42 million yuan, representing a year-on-year growth of 180.66% to 205.87% [2][3] Group 3 - The company has experienced continuous revenue growth and has turned a profit, primarily driven by its fast-moving consumer goods metal packaging segment [3] - The company has improved its lean production capabilities and product quality, leading to an increase in market share for its metal packaging easy-open lid business [3] - The optimization of product structure and implementation of lean management measures have contributed to cost reduction and efficiency improvement, resulting in a year-on-year increase in overall gross margin [3]

Group 1 - The core viewpoint of the news is the strategic partnership between Jiangsu Yinglian and LG Chem to establish a joint laboratory aimed at developing innovative polymer materials for composite electrolytes and lithium battery innovations [1] - Jiangsu Yinglian has a long-standing cooperative relationship with LG Chem, which has led to the decision to deepen their collaboration through the establishment of the "Yinglian-LG Chem Joint Laboratory" [1] - The joint laboratory will focus on accelerating the development of next-generation polymer materials for composite electrolytes and expanding into the global lithium battery innovation market [1] Group 2 - Jiangsu Yinglian is investing a total of 3.089 billion RMB in the construction of composite aluminum foil and copper foil projects for new energy vehicle power lithium batteries, with an expected annual production capacity of 100 million square meters of composite aluminum foil and 500 million square meters of composite copper foil upon reaching full capacity [2] - The products from Jiangsu Yinglian have been tested by downstream customers in power batteries, consumer batteries, and energy storage batteries, including liquid and solid-state batteries, leading to further deep cooperation with some leading clients [2] - Jiangsu Yinglian is also developing lithium metal anode materials and composite copper foil specifically for sulfide solid-state batteries, leveraging its expertise in vapor deposition technology, and is currently testing and optimizing these materials with automotive companies and leading battery manufacturers [2]