Zhitong Finance App News, Kailong Hi-Tech (300912.SZ) announced that recently, Jiangsu Guanlan New Material Technology Co., Ltd. (“Jiangsu Guanlan”, “Party A”), a holding subsidiary of the company, signed a “Technology Development (Entrusted) Contract” with Hunan University (“Party B”), and the two sides reached cooperation on industrialized development of aluminum/silicon carbide brake disc preparation technology.

The technical goal of this cooperation: Party A entrusts Party B to develop a 3D-SiC/Al composite material using porous silicon carbide as the framework for pressure aluminizing, and to use this composite material to prepare NEV brake discs to meet the lightweight needs of NEVs and increase the range of NEVs. The total contract amount is 3 million yuan.