On October 22nd, our company officially held the signing ceremony of the research and development cooperation agreement for the first set of BOPLA production line with Guilin Electrical Science Research Institute Co., LTD. Dr. Huang Wenping, the chairman of the company, Dr. Si Peng, the general manager, and some directors and senior executives of the company attended the signing ceremony. Luo Chunhua, the general manager of Guilin Electric Power Research Institute Grace Technology Co., LTD., Ma Yunhua, the deputy general manager, and other senior executives attended the ceremony. This marks a crucial step forward for both sides in the research and development of BOPLA dedicated production lines and the development of BOPLA production processes.

Only with good equipment and excellent craftsmanship can high-quality products be produced. In order to build Xinsiyi's leading position in the BOPLA market of the bio-based degradable materials industry, the company has linked up high-quality resources from multiple aspects, vigorously enhanced its own competitiveness, and empowered the company's rapid development. The company has made strategic decisions, deciding to carry out strategic cooperation with Guilin Electric Power Research Institute, an authoritative institution in domestic BOPLA production line research and development and production process development, as well as jointly establishing the "Biodegradable Materials Joint Research Center" with Xinsiyi and Shanghai Jiao Tong University. These are all strategic measures taken by the company's senior management based on the high-quality development of the company.

Our company specializes in the research and development as well as production of functional BOPLA films and biodegradable modified resins. Guilin Electric Power Research Institute has the capacity to produce large-scale biaxially oriented film equipment. Its product quality enjoys a good reputation in the biaxially oriented film industry and has accumulated rich experience in the research and development of large-scale BOPLA dedicated production lines, the development of BOPLA production processes and industrialization.

Based on the principle of "complementary advantages and common development", both parties signed a strategic cooperation agreement to jointly carry out research and development of BOPLA dedicated production lines and BOPLA production process development, as well as customized research on BOPLA dedicated single-layer die heads, multi-layer co-extrusion die heads, and large-scale BOPLA film dedicated production lines. These customized production equipment and process research and development projects will surely provide strong equipment and process guarantees for Xinsiyi in the production and manufacturing of large-scale and high-quality products. As the cooperation continues to deepen, our company will produce more and more and better degradable films and plastic products to meet the demands of the market and different customers.

Introduction to Guilin Electric Power Research Institute

Guilin Electrical Science Research Institute Co., LTD. (referred to as "Guilin Electrical Science Research Institute") was formerly known as the Electrical Science Research Institute of the First Ministry of Machinery Industry. It was established in Beijing in 1954 and moved to Guilin in 1970. In July 1999, it was transformed into a technology-based enterprise. In January 2013, it completed the restructuring and was renamed Guilin Electrical Science Research Institute Co., LTD. It is now an enterprise affiliated to China National Machinery Industry Corporation Limited. Since 1970, Guilin Electric Power Research Institute has undertaken numerous national, ministerial (provincial) level scientific research projects and local economic construction scientific research projects, achieving over 900 results and winning more than 140 national and ministerial (provincial) level science and technology progress awards, making significant contributions to the development of China's machinery and electrical industries.

After professional and industrial reorganization, Guilin Electric Power Research Institute has now developed into a technology-based enterprise integrating the research and development and manufacturing of electrical and electronic materials (full voltage level series of electrical contact materials, special plastics) and components, complete sets of equipment for film production, special motors, as well as industry and testing technical services.