（1） Feasibility of investment project implementation
1. Relevant national policies strongly encourage the development of new material industries such as functional films
After the completion of the "Project with an annual output of 26 million m2 of OCA optical film tape, 21 million m2 of silica gel protective film and 40 million m2 of release film", the main product is OCA optical film, which is a series of functional film materials of the company. After the completion of the "Project with an annual output of 68 million m2 of electronic materials", the main product is packaging electronic adhesive materials used for lithium ion power batteries and various electronic products, As a new material industry in the national strategic emerging industry category, it is an industry field strongly encouraged by the state.
In 2018, the State Intellectual Property Office released the Catalogue of Key Industries Supported by Intellectual Property Rights (2018 Edition), which focuses on supporting 10 key industries and 62 subdivisions, including high-performance membrane materials and advanced electronic materials. In 2019, the Ministry of Industry and Information Technology issued the Implementation Opinions of the Ministry of Industry and Information Technology on Promoting the Improvement of the Quality of Products and Services in the Manufacturing Industry, proposing to speed up the innovation of high-end materials, support the construction of production and application demonstration platforms for materials in key areas such as aviation, nuclear energy and engines, promote the verification and promotion of new material applications, and form a high-performance, functional and differentiated advanced basic material supply capacity. In 2021, the fourth session of the 13th National People's Congress voted to pass the resolution on the Fourteenth Five Year Plan for National Economic and Social Development of the People's Republic of China and the Outline of Vision Goals for 2035 (hereinafter referred to as the "Fourteenth Five Year Plan"). The "Fourteenth Five Year Plan" proposed to focus on new generation information technology, biotechnology, new energy, new materials, high-end equipment, new energy vehicles, green environmental protection, aerospace Strategic emerging industries such as marine equipment should speed up the innovation and application of key core technologies, enhance the ability to guarantee factors, and cultivate and expand new driving forces for industrial development.
The company's functional film materials, electronic materials and other products will usher in a new round of rapid development under the background of national policy support.
2. Functional film materials have wide application fields and broad market prospects
Functional film materials can achieve specific optical, electrical, weather resistance, processability, micro characteristics, corrosion resistance, permeability and other properties by organically combining a variety of different coating materials with different base films, and have multiple functions such as protection, adhesive, conductivity, shielding, and improving display quality. In recent years, with the development of the national economy and the progress of science and technology, a large number of emerging industries, such as new displays, intelligent consumer electronics, the Internet, electronic information, aerospace, energy conservation and environmental protection, the Internet of Things, have grown rapidly. Traditional materials have been unable to meet their specific performance and quality requirements, thus giving birth to the application needs of a large number of emerging functional film materials.
After the completion of the project, the products will be mainly used in the fields of smart phones, tablets and other consumer electronics. As a major country in manufacturing and consumer electronics in the world, China's consumer electronics industry has developed rapidly in recent years. New products such as smart phones and tablets continue to emerge, hardware technology and software technology continue to improve, and the industrial chain continues to improve.