From May 20 to 22, 2021, Starlite attended the Chengdu International Trade Fair for Automotive Parts and Aftermarket Services (CAPAS), which is the most influent one of its kind in the Western Region of China. With the promotion of the Great Openness in the Region and the establishment of the New Silk Road Economic Belt, more and more attention from the industrial sector is gradually focusing on the region where there is a great development potential. There were approximately 612 enterprise exhibitors and more than 18,000 visitors.

Exhibited at the Fair were the “Tribology” - study of friction - as our core technology, the S-bear material with new functionality, and its product series such as precision gears, sealing plates for air conditioner compressors, etc. Through the exchange and communication with the automotive sector in the southwestern Chengdu-Chongqing region, we learned that although there are many ordinary injection molding manufacturers in the region, there are fewer mid-to-high-end precision injection molding ones, particularly only scarce factories for precision gears and high-end material molding.

During the exhibition, we received a total of 29 enterprises, of which seven showed their intention, mainly for the friction and high temperature resistance products used in motor vehicles. And subsequently we can have further communication with them and begin the product feasibility study. There are also some other enterprises to be kept in touch, thereby realizing timely and accurate communication when they need our products.

Through this exhibition, Starlite will seize the opportunity of industrial transfer and upgrading, developing a mature and stable customer base in the southwest Chengdu-Chongqing region and making contributions to new businesses of the Company and the development and sales of its new products.