On May 20th, Shanghai International Supply Chain Center Co., Ltd., specializing in electronic materials, was formally established. The new entity boasts a registered capital of 200 million yuan, with Gu Chunlin appointed as its legal representative. The company's diverse business scope encompasses internet sales, distribution of specialized electronic materials, and the wholesale and retail of electronic components. Its impressive roster of shareholders includes SMIC Holdings Co., Ltd., Shanghai Huahong Investment Development Co., Ltd. (a subsidiary of Huahong Group), and Shanghai Huayi Holdings Group Co., Ltd. The establishment of this platform is strategically designed to overcome two significant hurdles: standard certification and cross-sectoral coordination. By doing so, it aims to create a unified 'testing ground' and 'certification hub' for domestically manufactured electronic materials, thereby expediting the localization of critical materials.