New Life said on the investor interactive platform that the company has long-term technical tracking and R&D investment in electromagnetic shielding materials, and already has a certain R&D foundation. It has successfully developed an anti-electromagnetic interference flexible ferrite film (electromagnetic isolation film) for near field communication (NFC) and radio frequency identification (RFID). The project is a major industry-university-research collaborative innovation project in Guangzhou in 2015, and the inspection was officially completed in 2018. In recent years, the company has also been actively developing products such as electromagnetic shielding chambers, electromagnetic shielding tents, and electromagnetic shielding bags, which are used in various scenarios where communication signals need to be isolated and where confidentiality is required. According to the company's development needs and industrial layout, the application development of the electromagnetic shielding-related products mentioned above is the company's technical reserve project, and has not yet been mass-produced and marketed.