On 26 September 2019, the application for initial public offering and listing on the Science and Technology Innovation Board filed by Ningbo Solartron Technology Co., Ltd. (“Solartron”) was passed and approved by the Science and Technology Innovation Board Listing Committee of Shanghai Stock Exchange on its 25th meeting in 2019.  Recently, Solartron has registered with the CSRC for its initial public offering and listing on the Science and Technology Innovation Board.

As established in November 2011, Solartron is a high-tech enterprise with original technology, core patent, core production R&C and manufacturing capacities and strong market competition ability of polymer functional film.  The company mainly engages in the research, development, production and sales of reflective film, back-plate substrate, optical substrate and other special functional film.  Its products are widely used in liquid crystal display, semiconductor lighting, new energy, semiconductor flexible circuit board and other fields.  Solartron together with other 12 suppliers has been selected from more than 600 worldwide suppliers as Samsung’s core partners around the world.

Grandall Shanghai Office has been retained as the issuer’s legal counsel with Ms. ZHANG Jun, Mr. WANG Kai, Ms. WANG Tingting and Ms. SHEN Meng providing professional legal service for the case.