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on september 30, dongguan changlian new material technology co., ltd. (stock abbreviation: "changlian technology") was successfully listed on the shenzhen stock exchange with the stock code 301618. this listing marks that changlian technology's leading position in the water-based printing glue industry has been recognized by the capital market, and has also injected strong impetus into the company's future development.

changlian technology specializes in the r&d, production and sales of printing materials. its main products include water-based printing glue, water-based resin, screen printing silicone, etc. it is also engaged in the r&d, design and sales of printing equipment. the company's products are mainly used in the field of textile printing, and the application areas that have achieved sales revenue include underwear lamination, sports shoes, special papers, handicrafts, water-based wood coatings, transfer markings, etc.

as a leading company in the water-based printing glue industry, changlian technology has achieved revenue growth despite the sluggish growth of the industry by relying on continuous innovation and strong internal governance capabilities. the prospectus shows that between 2021 and 2023, although the company's revenue growth rate has been affected to a certain extent, its net profit has achieved steady growth, reaching 60.19 million yuan, 79.46 million yuan and 82.51 million yuan respectively. in addition, the company's gross profit margin has always been ahead of the industry level, with a gross profit margin of 35.59% in 2023, exceeding the industry average.