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Melbourne, Australia, November 10, 2021/PRNewswire/--Sincerity Applied Materials Holdings Corp (OTC Pink: SINC) announced that SINC has cooperated with Nongfu Spring (HKG: HKG: 9633) through SINC’s potential subsidiary Simcor ( Jiangsu) Materials Technology Ltd (SMTL).
VentaMax breathable stretch film combines the basic qualities of a highly ventilated film with uncompromising machine-level stretch performance. SINC has been developing this product line since the end of 2018. SINC is now the only manufacturer and supplier in China. SINC has developed its fully automatic ventilated stretch production line as a by-product of ventilated film.
Take a look at the use of VentaMax breathable film with the "Little Yellow Man" packaging robot,
https://youtu.be/lYwcEF3wfrM
Check out the hand-wrapped VentaMax breathable film,
Check out the most advanced products of VentaMax,
"It has the strongest strings we have placed in ventilated stretched, precisely designed vent holes. This creates a very strong, high-airflow package." When announcing these breakthroughs, the company's chief executive James Zhang Ru commented on the above.
SMTL is a high-tech manufacturer specializing in the research, development and production of high-performance engineering plastic resins, alloys, plastic sheets and thermoformed plastics. SINC has reached a final acquisition agreement with Shinco (Jiangsu) Materials Technology Co., Ltd. (SMTL), and it is expected that the $7 million transaction will be completed by the end of the first quarter of 2022.
About welcoming support from Changzhou, Jiangsu, China
The local authorities of Changzhou City welcome SINC with the following government support policies,
SINC has reached a final agreement with Changzhou local authorities to locate its global R&D and production center in the China-Israel Changzhou Innovation Center.
This 5800 square meter factory is expected to have 20 ventilation film production lines and a research and development center.
Changzhou, known as the "Dragon City", is about 150 kilometers away from Shanghai; its per capita GDP is only 5.27 million, ranking seventh among Chinese cities.
It has become one of the most active innovation centers in China
About Sincere Applied Materials Holding Company Sincere Applied Materials provides high-performance environmentally friendly polymers and solutions to help customers reduce product waste, improve logistics efficiency and reduce carbon footprint. Although the company is a partner in China, it has been developing its superior material technology through cooperation with China's leading research institutions and facilities. Today, Sincerity's products are widely used in the automotive, packaging, construction and engineering industries.
Forward-looking statements This press release contains certain forward-looking statements. Investors please note that certain statements in this press release are "forward-looking statements" that involve known and unknown risks, uncertainties and other factors. Such uncertainties include certain risks related to the operations of the aforementioned companies. The actual results of the company may differ materially from the expected results.
Source: Scientific Applied Materials Holdings Corp
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