On the afternoon of December 8th, Zhejiang Jinggong Integrated Technology Co., Ltd. (referred to as "Jinggong Technology") signed a strategic cooperation agreement with Changchun Jida Special Plastic Engineering Research Co., Ltd. (referred to as "Jida Special Plastic"). Both parties will focus on the deep technological integration and innovative collaboration of polyaryletherketone (PAEK) and polyarylethersulfone (PAES), and work together to promote the application and expansion of PAEK series materials in carbon fiber composite materials, robotics, aerospace and other fields.

Li Xuesong, Chairman and General Manager of Jida Special Plastic, Sun Guojun, Chairman of Jinggong Technology, and Li Aijun, President, attended and witnessed the signing ceremony. Zhan Qunyan, Deputy General Manager of Jida Special Plastics, and Ni Jianxun, Vice President and General Manager of Carbon Fiber Industry of Jinggong Technology, signed a cooperation agreement on behalf of both parties.

Li Xuesong, Chairman and General Manager of Jida Special Plastics, stated that since its establishment, Jida Special Plastics has always focused on the research and industrialization of PAEK and PAES series special engineering plastics, and is a pioneer and technology leader in this field in China. Jinggong Technology has significant advantages in high-end equipment and integrated solutions for whole line systems, and has a deep technical accumulation in the field of carbon fiber. He believes that this strategic cooperation is an opportunity to strengthen the development of Jida Special Plastics, upgrade existing production capacity and technology, and promote PAEK materials to explore more innovative applications, providing solid support for the country's key material self-reliance.

Sun Guojun, Chairman of Jinggong Technology, stated that PAEK series materials, as high-performance special engineering plastics, have broad prospects in strategic fields such as high-end manufacturing, national defense technology, and low altitude economy. The technological advantages of Jida Special Plastic in the PAEK material field are highly complementary to the capabilities of Jinggong Technology in the integration and industrialization of high-end equipment for the entire carbon fiber chain. This strategic partnership is also an important step for the company to expand its "carbon fiber+" strategy into new fields around the development requirements of national new quality productivity. We look forward to helping more Chinese cutting-edge materials achieve a leap from catching up to leading in the future.

This signing marks another crucial milestone for Jinggong Technology in expanding its "carbon fiber+" new model and applications. In the future, both sides will continue to deepen cooperation in technology research and development, achievement transformation, market expansion, industry university research and application, etc. Through full complementary advantages and two-way empowerment, accelerate the innovative application of PAEK series materials in more emerging fields and scenarios, and make greater contributions to promoting China's independent innovation of cutting-edge materials and achieving high-level technological self-reliance and self-improvement for the country.

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Changchun Jida Special Plastic Engineering Research Co., Ltd. (referred to as "Jida Special Plastic") was established in 2002. It is the first national high-tech enterprise in China engaged in the research and development, pilot testing, and industrialization of polyaryletherketone (PAEK) and polyarylethersulfone (PAES) special engineering plastics.

The company has an annual output of 500 tons of high-performance polyaryletherketone resin special materials, polyaryletherketone plastic alloys and their composite materials, polyaryletherketone films and 3D printed silk materials, polyaryletherketone profiles (plates/rods/tubes), polyaryletherketone injection products, and other five series. The products are widely used in aerospace, automotive, petrochemical, electronic and electrical, medical and low altitude economy fields, with a domestic market share of not less than 30%.