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On July 17, Stickers made a significant announcement regarding its wholly-owned subsidiary, Stickers New Materials (Jiangsu) Co., Ltd. The company intends to invest approximately 509 million yuan in an expansion project focused on high-end functional membrane materials. This investment will encompass various aspects, including the transformation of existing facilities, the procurement of PVD production and testing equipment, as well as the recruitment and training of relevant personnel. The project's primary objective is to manufacture high-end functional films such as anti-reflection films, 2A3A films, and water and oxygen barrier films, which find widespread application in the electronics industry, automotive screens, display panels, and other advanced technological sectors. The anticipated construction timeline for this ambitious project spans 2 years.
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