On June 16, our company and PUYANG BLUESTAR NEW MATERIAL CO., LTD.held a cooperation signing ceremony for lithium battery binder SBR project. Qiu Lei, general manager of Green Energy Cellulose Materials (Chongqing) Technology Co., LTD. (hereinafter referred to as "Green Energy Cellulose Materials ") , Yan Dazhong, general manager of PUYANG BLUESTAR NEW MATERIAL CO., LTD., Liu Longhui, research and Development Director, Chen Jiazhi and others attended the signing ceremony. Under the witness of Li Lirong, deputy director of Puyang People's Congress, Wu Guoti, Party Working Committee of Puyang Economic Development District and R&D and sales personnel of Puyang Blue Star Company, General Manager Yan Dazhong of Puyang Blue Star and General Manager Qiu Lei of our company signed a cooperation agreement.

This product is a water-based adhesive, made of styrene and butadiene copolymerization, through the introduction of carboxyl group modification, used for battery negative electrode adhesive has good mechanical stability and operability, has super strong alkali resistance, excellent softness after film formation, good air permeability and strong adhesion characteristics.

At present, in the demand for lithium batteries, the negative binder is mainly butadiene emulsion (SBR) and sodium carboxymethyl cellulose (CMC-NA, also abbreviated as CMC). Green Energy Cellulose Materials research and development production of lithium battery binder for many years, currently has prepared for the lithium battery binder SBR project, from the synthesis of SBR to the test application of in-depth cooperation, has reached a higher degree of SBR and CMC, improve the performance of lithium battery advantages.

It is hoped that the two sides will take this signing as an opportunity to strengthen communication and exchanges, deepen practical cooperation, and explore and open up a high-quality development path featuring common development, mutual support and mutual benefit.

PUYANG BLUESTAR NEW MATERIAL CO., LTD.was founded on May 19, 2016, located in the west of Shengli Road, Puyang City, Henan Province, with a total area of more than 150 acres, is the only company in Henan Province that produces butadiene, with an annual output of 50,000 tons of butadiene extraction equipment and an annual output of 100,000 tons of latex equipment.

Puyang Blue Star is a key investment project in Puyang City in 2016, the company's butadiene equipment is the use of Germany's BASF (BASF) technology, in safety, environmental protection, energy saving and other aspects of the world's first-class process. In 2020, our company, in accordance with the requirements of the municipal Party committee and the municipal government, takes the road of high-quality development, firmly believes in development, relies on the company's main product butadiene to continue to extend the industrial chain, invests in the construction of 100,000 tons/year latex project, which has been completed and put into operation in October 2021. The device is advanced in China and the production process is leading in the industry. At present, more than 10 kinds of antelope butyl eyeball and styrene butadiene latex series have been developed and developed, which can be widely used in disposable medical inspection gloves, paper making, architectural coatings, carpets, tires, non-woven fabrics, leather, cement and other industries.