Ningbo Runhe High-Tech Materials Co., Ltd. (Securities Short Name: Runhe Materials; Stock Code: 300727.SZ) is a national high-tech enterprise specializing in the research and development, production, and sales of organosilicon and textile printing & dyeing auxiliaries. Its strategic positioning is “a globally leading provider of organosilicon and textile chemical solutions.” The Company’s core business comprises two major segments: (1) organosilicon application materials—including silicone oils, silicone rubbers, silicone resins, and fumed silica-modified materials—widely applied in electronic packaging, new-energy battery adhesives, medical silicone gels, and high-end textile finishing; and (2) eco-friendly textile printing & dyeing auxiliaries—including formaldehyde-free softeners, low-VOC fluorine-free water-repellent agents, reactive color-fixing agents, and enzymatic preparations—aligned with green printing & dyeing policy directives. Leveraging its National Postdoctoral Research Workstation, Zhejiang Provincial Key Enterprise Research Institute, and CNAS-accredited laboratory, the Company holds a total of 168 valid authorized patents (including 92 invention patents) and has led or participated in the formulation of 11 national and industry standards. It has obtained ISO 9001, ISO 14001, and ISO 45001 system certifications; certain products have received OEKO-TEX® STANDARD 100 Class I certification, GOTS compatibility certification, as well as REACH and RoHS compliance declarations; its subsidiary holds a Safety Production License for Hazardous Chemicals. Its technical capabilities span functionalization, greening, and customization, enabling domestic mass production of key materials such as high-molecular-weight amino silicone oil and low-VOC fluorine-free water-repellent agents, and achieving pilot-scale verification capabilities in fields including thermal-conductive encapsulation adhesives for new-energy vehicles and silane coupling agents for lithium-ion battery separator coating. Representative collaborations include supplying top-tier dyeing & finishing enterprises with a ZDHC MRSL 3.0-compliant formaldehyde-free color-fixing system, and providing UV-resistant silicone encapsulation solutions to one of the world’s top five photovoltaic module manufacturers. Manufacturing bases are located in Ningbo and Ninghai (Zhejiang Province) and Jiujiang (Jiangxi Province)—the latter being a pilot site for Zhejiang Province’s “Factory of the Future.” Its business covers the entire Chinese mainland and extends to export markets across Southeast Asia, South America, the Middle East, and Europe; overseas revenue accounted for 18.7% of total revenue in 2024. The Company delivers comprehensive services to upstream and downstream industrial chain partners, including material supply, joint R&D, customized solutions, and technical collaboration.