Shenzhen Senior Technology Material Co.Ltd(300568) (300568) said that Xingyuan carbon fiber products are still in the R & D stage and have not reached the commercialization stage of mass production. The company established a European subsidiary in January 2021 and plans to invest no more than 2 billion yuan to build a wet process and coating diaphragm factory for lithium-ion batteries in Europe and Sweden. Up to now, the construction of “Swedish wet process diaphragm and coating project” has been carried out smoothly. After the completion of the project, it will play a positive role in the further promotion of the company’s diaphragm products in foreign markets.