Hunan SOKAN New Materials Co., Ltd., founded in March 2009, engages in the research of new functional coating materials in the sectors of high-end consumer electronics and passenger cars and it has four subsidiaries: Songrun New Materials, Ohashi Chemicals, Bechi Technology, and Xinyichen Technology. In addition, SOKAN has, in cooperation with Hunan University, established a new research and development entity: Hunan Songjing Advanced Surface Treatment and Functional Coating Research Institute Co., Ltd. The Company maintains its leading position by virtue of its advanced technology. It provides customers with systematic solutions in one stop for coatings, inks, adhesives and other categories via "interactive" independent research and development and "customized flexible manufacturing". On June 9, 2020, the Company was successfully listed as IPO, the first company on Shanghai Science and Technology Innovation Board (STIB) A-share stock market with its advanced new functional coating materials as its main business.

In the sector of consumer electronics, the Company's business has expanded to four major market segments: cell phones and related accessories, notebook computers and related accessories, wearable devices, and smart home, and has formed a multi-category integrated product family architecture system of coatings, inks, and adhesives. SOKAN is one of the very few emerging international well-known brand enterprises in China that have successfully entered the supply system of internationally renowned high-end consumer electronics brands and possess the strength to compete with international giants such as Akzo Nobel, PPG and the like. It provides systematic coating solutions for a series of well-known high-end consumer electronics brands such as HP, Google, MOTO, BEATS, PHILIPS, Canon, Amazon, Samsung, Huawei, Xiaomi, VIO, OPPO, TCL, ASUS, DJI and so on, and has become a key coating and ink supplier of Huawei, HP, Xiaomi, VIVO, MOTO, and Google.

The Company has, relying on its technological superiority and brand influence accumulated in the field of consumer electronics, successfully made significant breakthroughs in technology and market in the sector of passenger cars. At present, the core customers that the company has supplied for or entered into their supply system include Geely, Guangzhou Automobile, and SAIC-GM-Wuling, Valeo and other domestic and international well-known automobile and auto parts manufacturers. The Company's automotive lamp anti-fog coating, passenger car parts PVD coating technology and products are advanced and in a leading position in the industry.

In the future, SOKAN will continue to accelerate scientific and technological innovation through a package of initiatives such as deepening the development of advanced innovation platform system, deploying high-value competition tracks, and making greater efforts in breakthroughs in core technologies in key areas, etc. The Company will consolidate and enhance its market competitive position in the 3C industry and in the sector of automotive parts application while entering the complete vehicle market and the automotive aftermarket, and it will actively make exploration in special coatings in the sectors of rail transportation, aerospace and marine equipments. We will make use of our differentiated technologies and products to participate in the competition and move forward to the grand vision of becoming "A Global Leader in The Field of New Functional Coating Materials".