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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.