Shanghai Jinjinfu New Material Technology Co., Ltd., a wholly-owned subsidiary of Jinfu Technology, is poised to ink an agreement with Shanghai Jinshan Second Industrial Zone Investment Co., Ltd. for an investment of approximately 1.0137 billion yuan in the development of the 'JF New Material Phase I Eastern Production Base'. This initiative encompasses the construction of production lines and ancillary facilities dedicated to advanced materials, including fluorine-free adhesives, electronic adhesives, and thermal management coolants. The investment is strategically aimed at bolstering production capacity and expediting Jinfu Technology's transformation into the new materials sector.