Widely used in emerging industries such as integrated circuit packaging, intelligent terminal packaging, and new energy applications, electronic grade adhesives and functional thin film materials

Debon Technology is a national level specialized and innovative "little giant" enterprise specializing in the research and industrialization of high-end electronic packaging materials. Its products are in the form of electronic grade adhesives and functional film materials, widely used in emerging industries such as integrated circuit packaging, intelligent terminal packaging, and new energy applications. The products mainly include four categories: integrated circuit packaging materials, intelligent terminal packaging materials, new energy application materials, and high-end equipment application materials. As of December 31, 2021, Debon Technology has a total of 2 national level overseas high-level expert talents and 81 R&D personnel, accounting for 14.24% of the total number of R&D personnel. The company and its subsidiaries have undertaken multiple national and provincial-level major scientific research projects. In 2020 and 2021, Debon Technology achieved operating revenue of 417 million yuan and 584 million yuan respectively, with net profits of 50.1499 million yuan and 75.8859 million yuan. In the first half of this year, the company achieved a revenue of 376 million yuan, a year-on-year increase of 59.69%, and a net profit of 43.6731 million yuan, a year-on-year increase of 81.22%. As of the close on the 19th, Debon Technology reported a price of 75.85 yuan per share, an increase of 64.46%, a turnover of 1.77 billion yuan, a volatility of 21.60%, a turnover rate of 79.40%, and a total market value of 10.789 billion yuan.

For power batteries, packaging materials are one of the key materials to replace traditional structural components and achieve lightweight and high reliability of batteries. The high-end electronic packaging materials industry covers a wide range of fields and has a large application span. It is the forefront and key material field in the new materials industry system, and an important foundation for supporting breakthroughs in China's manufacturing. It has a significant driving effect on the development of China's integrated circuits, intelligent terminals, photovoltaic manufacturing, new energy batteries and other industries, and is one of the key industries supported and developed in China.

However, although there are many domestic manufacturers in this field, most of them are small in scale, with a single product variety and a large proportion of mid to low end products. In the key raw material field, they still rely more on overseas core manufacturers. Against the backdrop of the competition demand for cost reduction at the terminal and the possibility of overseas supplier supply cuts in the trade war, the demand for localization substitution has sharply increased.

Debon Technology is a key electronic packaging material production enterprise under the National Integrated Circuit Industry Fund. With a core team led by high-level overseas talents introduced by the country, the company has achieved technological breakthroughs in integrated circuit packaging, intelligent terminal packaging, power battery packaging, photovoltaic tile packaging and other fields. It has also established a complete research and development production system in the field of high-end electronic packaging materials and has completely independent intellectual property rights. The company adheres to an independent, controllable, and efficient business strategy, focusing on the technological development and industrialization of key materials in strategic emerging industries such as integrated circuits, intelligent terminals, and new energy, as well as in the "bottleneck" links. It also establishes long-term cooperative relationships with industry-leading customers to meet the cutting-edge needs of downstream application fields and provide innovative solutions.

At present, Debon Technology has the most comprehensive adhesive material solution in the field of power batteries, which is used in the manufacturing process of battery cells, modules, and packs. The main application products are two-component polyurethane structural adhesive for power battery modules, thermal conductive two-component polyurethane structural adhesive for liquid cooling systems, and waterproof silicone sealant for PACK boxes.

The structure of power batteries is constantly upgrading, iterating from cell module PACK to CTP and even CTC. The performance, form, and process of adhesives are becoming more diversified and customized, which requires adhesive companies to accept challenges, constantly adapt to new demands, and achieve product upgrades.

With years of deep cultivation, Debon Technology has achieved remarkable technological breakthroughs in adhesive materials for power batteries, and is committed to becoming a one-stop supplier, providing customers with a complete set of product solutions and technical services. At present, the company has gained high-quality customers in the field of power batteries. The company's downstream brand customers include global leading enterprises in the intelligent terminal field such as Apple, Huawei, and Xiaomi Technology. The downstream end customers include three major sealing and testing factories: Huatian Technology, Tongfu Microelectronics, and Changdian Technology, as well as globally renowned sealing and testing manufacturers such as Riyue Xin, and well-known enterprises in the new energy field such as CATL, Tongwei Co., Ltd., and Artus.

The production capacity of power batteries continues to expand, and more enterprises are entering the battery matching industry. Centralization is the trend. Capital empowerment and product support have enabled Debon Technology to win more chips in the new round of competition in the field of power battery adhesive materials.