Core Insights - FavoTech (688371) has signed a strategic cooperation agreement with Wuxi Langyi New Materials Co., Ltd. to jointly launch the FavoMedNano fluorine-free nano-coating solution, designed for efficient liquid barrier and bacterial protection in the medical and sports fabric sectors [1][2] Company Overview - Langyi New Materials specializes in producing base fabrics and protective products for the medical and sports industries, with a fully automated production system from cotton to finished products, serving leading companies domestically and internationally [1] - FavoTech is a leader in the nano-protection field, with core technologies applied across various sectors including consumer electronics, automotive electronics, and industrial control, successfully utilized in products from top enterprises [1] Product Features - The FavoMedNano solution creates a transparent film layer on fabric surfaces, with a thickness measured in nanometers, allowing water droplets, blood, or sweat to slide off quickly without adhering [1] - The solution forms an invisible barrier on products like band-aids, maintaining a rolling angle stability between 14-16° and a water contact angle of up to 130°, effectively blocking bacteria from entering wounds while ensuring breathability and comfort [2] - The film layer is made from halogen-free and fluorine-free eco-friendly materials, certified for environmental and biocompatibility standards, balancing high protection with safety [2] Market Potential - Market research predicts that the global medical protective textile market will exceed $40 billion by 2027, while the functional sports fabric sector is expected to grow at a compound annual growth rate of 12% [2] - The collaboration aims to combine the technological and industrial strengths of both companies to provide more environmentally friendly, advanced, and superior solutions for functional textiles in the medical and sports industries [2] Strategic Vision - FavoTech's chairman emphasized the company's commitment to redefining product boundaries through nano-technology across various sectors, including medical and sports fields, and aims to enhance the "technology + scenario" dual-driven strategy for broader applications [2]