Gelonghui, March 17, 丨 Sinopharm Technology Co., Ltd. (08156.HK) announced that on March 16, 2020, the company confirmed that it had purchased 50 tons of meltblown cloth, the core raw material for the manufacture of masks, from an industry-leading spunmelt nonwovens manufacturer. The 50 tons of meltblown cloth materials purchased this time are expected to arrive in Hong Kong one after another in mid-April, which is expected to produce more than 60 million masks.

In the past month, the Group has successively set up companies engaged in the production and sale of medical supplies in Hong Kong and different provinces and cities in mainland China, and has purchased fully automated mask production line equipment to build its own production systems in the mainland and Hong Kong. Affected by the shortage of raw materials for meltblown cloth, mask manufacturers across the country are facing a difficult situation where it is difficult to find one, and the daily production of some enterprises has reached an impasse as a result. However, the 50-ton meltblown cloth successfully purchased by the company is SSMMS spun-melted composite nonwoven fabric and bacterial filtration effect (BFE) higher than 95%, and the quantity and quality are guaranteed.

The successful signing of this purchase order provided the Group with a large reserve of raw materials and strategic materials in a short period of time, boosted confidence in the stable production of masks, and also strengthened the continuity of the operation of the Group's mask production line.