Longhua Technology Group stated on the interactive platform that as the main supplier of domestic ITO target materials, Jinglian Optoelectronics has taken the lead in breaking the foreign monopoly, solving the bottleneck issue of domestic ITO target materials. The company actively deploys multiple tracks such as perovskite, heterojunctions, and stacked batteries, intensively focuses on the research and development of various new target materials, fully unleashes its scientific research capabilities, and its independently developed photovoltaic high-transferability HITO target material breaks the industry's electronic transfer rate record, achieving a qualitative breakthrough. To meet the needs of photovoltaic enterprise customers for cost reduction and efficiency improvement, the company's new low-indium, non-indium high-efficiency target materials are also continuously under development and have made significant breakthroughs. In July 2024, Jinglian Optoelectronics' 500-ton annual production of ITO target material project (Phase I) was officially put into operation. The smooth operation of this project will greatly enhance the company's production capacity and lay a more solid foundation for expanding the photovoltaic market.