COTRAN(SZ:300731)2022-12-04 10:16Group 1: Company Overview - Shenzhen Kexin New Materials Co., Ltd. was established in 2008, focusing on the R&D, production, and sales of polymer materials, with applications in telecommunications, electricity, automotive, mining, and rail transportation [2]. - The company has adopted a "focus on core business" strategy in 2019, concentrating resources on the telecommunications and electricity sectors [2]. Group 2: 5G Business Development - Since the end of 2018, the company has made substantial progress in its 5G business, establishing a solid foundation in technology, talent, production, and market aspects [3]. - In the first half of 2019, the company formed a strategic partnership with Zhonglan Chenguang Chemical Research and Design Institute to develop functional materials for 5G antennas [3]. - The company has completed supplier qualification certification for plastic electroplated resonators and is entering the small batch supply phase [4]. Group 3: New Subsidiary and Product Lines - The company has established a subsidiary, Shenzhen Yuanchuang Lexin Thermal Materials Co., Ltd., to focus on the R&D, production, and sales of heat dissipation products for 5G AAU equipment [4]. - The new subsidiary aims to enhance the company's product line in the telecommunications sector and create new growth points through technological innovation [4]. Group 4: Acquisition Plans - The company plans to acquire 100% of Dongchuang Precision Technology Co., Ltd., which has a mature business system in 5G device injection molded structural components [3]. - The acquisition is expected to strengthen the company's 5G business system and facilitate strategic layout in the 5G communication industry [3]. Group 5: Ongoing Transactions - As of October 23, 2019, the company approved a plan to issue shares and pay cash for asset purchases, with due diligence and auditing processes currently underway [5]. - The company is committed to timely information disclosure as per legal regulations regarding the ongoing transactions [5].