Zhitong Finance App News, Touyun Biotech (01332) announced that on October 28, 2026, the Company's non-wholly-owned subsidiary Fusion Era (Guangdong) New Material Technology Co., Ltd. (Fusion Era) and Tianfu Yongxing Laboratory (Yongxing Laboratory) solemnly held a press conference on the “Science and Technology Innovation Tianfu · Zhihui Rongcheng” innovation policy to enable the transformation of scientific and technological achievements in Chengdu, officially announcing the joint establishment of a R&D center. The event was guided by Chengdu Science and Technology Bureau, Sichuan Industrial Technology Research and Transformation Co., Ltd.; representatives of organizers such as Chengdu Productivity Promotion Center, Tianfu New Area Science and Technology Bureau, Yongxing Laboratory, Chengdu Science and Technology Service Group Co., Ltd., as well as provincial and municipal “invest first, then stock later” policy departments, Chengdu Industrial Investment Group, investment and financing institutions, Chengdu Science and Technology Finance Media Center, Executive Vice Chairman and Secretary General of the Hong Kong Committee of the Chinese People's Political Consultative Conference Youth Federation, and Ms. Zhou Ruijuan, Vice Chairman of the Hong Kong People's Committee, attended the event to witness the establishment of the Joint R&D Center. This move marks a substantial stage of deep integration of industry, education and research between the two sides in cutting-edge fields such as clean and low-carbon energy, carbon neutrality and utilization of resources. It is also a key step in the strategic layout of green technology in the era of integration.
This joint research and development center was officially named “Advanced Thermal Control Materials and Equipment Joint Transformation Center”. According to the joint construction cooperation agreement between the two parties, the joint R&D center will focus on research and development and industrialization in the fields of infrastructure such as communications, energy, AI computing power, thermal control systems, heat management components and supporting equipment in high-end equipment application scenarios; clean low-carbon energy; pollution reduction and carbon reduction collaborative resources; industrial waste heat recovery, etc., in the fields of enhanced heat transfer and heat control, advanced thermal functional materials, waste heat recovery and cascade utilization, and thermal control equipment design integration and testing verification under ultra-high heat flow density conditions.
As a provincial key laboratory in the field of carbon neutrality, since its inauguration at the end of 2021, Yongxing Laboratory has established six major research fields, including clean and low-carbon energy, carbon neutralization of resources, and carbon capture and utilization, and has gathered a large number of top researchers in the industry. In this cooperation, the joint R&D center will have Mr. Qian Bin, a laboratory researcher and senior engineer, as the laboratory director, and Ms. Zhou Ruijuan, chairman of Fusion Times, and Mr. Liu Changjun, general manager, as the laboratory deputy director. The two sides will jointly establish a high-level R&D team in the fields of HVAC, mass transfer, and thermal performance materials.
As a high-tech enterprise focusing on the fields of heat transfer, heat transfer and heat dissipation, Fusion Era uses super thermal conductive materials as its technical foundation. The products have both performance and economic advantages, and have been widely used in key areas of the national economy. At the press conference, Ms. Zhou Ruijuan, Chairman of Fusion Era, said in her speech, “This cooperation is based on a high degree of compatibility between the two sides in the field of green and low carbon. We value the laboratory's cutting-edge research capabilities and systematic research layout. We also look forward to integrating many years of practical production experience in the era to provide real application scenarios and feedback for the transformation of laboratory results.” It was further pointed out that this joint research and development center will rely on the industrial touch and market feedback of the integration era, combine the laboratory's academic accumulation to solidly push forward projects and solve practical problems, so that more low-carbon technologies can move from “bookshelves” to “shelves” and from papers to products.
At present, the era of integration has been well applied in traditional industries such as energy storage, chemicals, and coal mines. Next, in addition to continuing to expand the existing application market, the next step is to respond to the rapid expansion of the market. Cooperating with the Joint R&D Center to focus on advanced business management and equipment research and development, there will be more potential in the fields of computing power centers, chips, new power management, and thermal applications in the future. It is worth noting that from the perspective of industry and capital, as a core scientific and technological force within a listed company system, the integration era's deep binding with Yongxing Laboratory is highly in line with the country's “carbon peak and carbon neutrality” strategic goal. The establishment of a joint R&D center will not only help raise the core technical barriers of enterprises in the field of thermal management and new energy sources, but will also provide strong technical support and business imagination space for the company's valuation in the green and low-carbon sector.
In the future, the “Advanced Thermal Control Materials and Equipment Joint Transformation Center” will serve as an important vehicle for practical cooperation between the two sides. Following the path of “demand traction, joint research, engineering verification, and industrial transformation”, it will help the development of next-generation information technology, high-end equipment manufacturing, energy saving and environmental protection industries, actively implement the “carbon peak, carbon neutrality” national strategy, build industry-leading cutting-edge high-tech enterprises, and contribute tangible results to the green and low-carbon development of Sichuan and the whole country.
In summary, the board of directors believes that this cooperation agreement is a profitable transaction carried out by the Group in its daily business to promote the R&D, manufacture and sale of new materials with high thermal conductivity in its main business. The terms of cooperation are based on normal commercial terms, are fair and reasonable, and conform to the overall interests of the Company and shareholders.