Gelonghui, September 10 | Kibing Group (601636.SH) said on the investor interactive platform that the high-aluminum electronic glass produced by the company has characteristics such as lightness, high strength, scratch resistance, and excellent optical properties. The products mainly include covers, screen protectors, automotive glass, automotive glass, etc. Currently, the company does not produce flexible screen products, and the company's glass products are not used in the processing or manufacture of flexible screen products. Based on the current development situation of Kibing Electronics, in order to further optimize the equity structure of Kibing Electronics, promote the independent and rapid development of the electronic glass business, and broaden the product market, the company agreed to repurchase all of Kibing Electronics' equity interests (8.33% of the shares) held by the Xiaomi Fund, the minority shareholder of Kibing Electronics.