# Shenzhen Xinlun Technology and Akron Polymer Systems form joint venture for optical film materials

Shenzhen Xinlun Technology Co., Ltd. and Akron Polymer Systems, Inc. will establish a joint venture, Polyurethane Materials Technology (Shenzhen) Co., Ltd., in Nanshan District, Shenzhen. Xinlun will invest ¥35 million (70% stake) and Akron will contribute ¥15 million in proprietary technology (30% stake), with total planned investment of ¥125 million.

- Type: Partnership
- Announced: 2024-01-15
- Where: Nanshan District, Shenzhen, China
- Value: $17.4M (125.0M CNY)
- Status: announced
- Products: optical films, polyimide film materials, polymer materials, functional coating materials, polarizer protective films, optical compensation films, heat-resistant base films, lithium battery materials, carbon materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Akron Polymer Systems](https://endata.com/companies/28714.md) (partner)
- [Shenzhen Xinlun Technology](https://endata.com/companies/74987.md) (partner)

## Sources

- [haythink.com](https://www.haythink.com/chinese-organic-polymer-material-manufacturer-establishes-joint-venture-with-akron-polymer-systems-inc-to-overweight-optical-film-material-project/), 2024-01-15: "On December 11, Shenzhen Xinlun Technology Co., Ltd. (002341.SZ) issued an announcement stating that the company and Akron Polymer Systems intend to establish a joint venture in Nanshan District, Shenzhen—Polyurethane Materials Technology (Shenzhen) Co., Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.