On July 11, Xinlun Technology announced in the evening that after receiving the notice of Xinlun Compound Material, a wholly-owned subsidiary, Polyfluoropoly (Jiaozuo) New Energy Technology Co., Ltd. and Xinlun Compound Material signed the "Procurement of Raw Materials for Aluminum Plastic Film Products" framework contract".

According to the contract, polyfluorinated new energy will purchase aluminum and plastic film products from Xinlun compound materials from July 2017 to June 2018, with a total demand plan of 2.13 million square meters.

Polyfluoropoly New Energy mainly produces lithium-ion batteries and raw materials. It is a well-known domestic manufacturer of power soft pack lithium batteries. It is a wholly-owned subsidiary of the listed company Polyfluoride.

Selen Science & Technology said that after the contract was signed, Xinlun Compound has become the largest supplier of aluminum-plastic films for polyfluoro and multi-new energy, which is of great significance for stabilizing its leading position in the domestic power lithium battery aluminum-plastic film market.

For Selen Science & Technology, the performance of the contract will have a positive impact on its operating income and operating profit from 2017 to 2018.

It is understood that on April 5, 2016, Xinlun Technology announced that the company acquired T&TEnertechno holdings by transferring 100% equity of the new company established by the spin-off of the T lithium battery aluminum plastic film soft package business of 550 million yuan. Japan’s Mie Factory and related equipment, inventory, raw materials and other assets for the production of aluminum-plastic film flexible bags. The production capacity is about 2 million square meters per month.

In addition, the announcement also shows that Xinlun Technology will build a new manufacturing plant for lithium battery aluminum plastic film soft pack products in Changzhou, China. T&T will provide technical support and technical services for the design, construction and operation of the new plant. Xinlun Technology plans to use its own funds of 100 million yuan to set up a wholly-owned subsidiary in Jiangsu Province, Changzhou Xinlun, to take charge of the construction of the new factory.

On January 21, 2017, Xinlun Technology announced that the company plans to transfer part of the raised funds of 250 million yuan in the "TAC Functional Optical Film Material Project" to the wholly-owned subsidiary Changzhou Xinlun "high performance for lithium battery cells The "Packaging Material Project" is used for the production line of the lithium battery aluminum-plastic film soft pack product line of the Changzhou Functional Material Industrial Base in Jiangsu Province.

After the merger with the production capacity of the Changzhou base, the final production capacity of Xinlun Technology will reach 5 million square meters per month. On March 8, Xinlun Technology plans to increase the capital of Changzhou Xinlun with its own funds of 220 million yuan.

Previously, Xinlun Technology issued a revised announcement of the half-year 2017 performance forecast, which previously estimated the first half of the net profit to be 54.37 million yuan -66.69 million yuan, compared with an increase of 30%-60%, and revised to a profit of 71.09 million yuan -79.46 million yuan. , An increase of 70%-90% over the same period last year.