On July 3, 2026, following the close of trading, CHINA HONGGUANG (ASX: 08646) announced that its wholly-owned indirect subsidiary, Guangdong Longguang New Material Technology Co., Ltd., has entered into a non-binding strategic cooperation framework agreement with Guangdong Yufeng Weihe New Material Technology Co., Ltd.

Key Areas of Collaboration

The agreement outlines the parties' intent to jointly develop the full industry chain for TGV (Through Glass Via) glass-based copper clad laminates. This collaboration is expected to involve the establishment of new projects that leverage the respective technological and industrial resources of both companies.

Comprehensive Industry Chain Vision

The objective is to create an integrated platform encompassing research and development, production, and sales for the entire TGV glass-based CCL process. This platform would cover all key stages, from the preparation of the glass substrate to TGV via processing, metallization, and copper clad laminate lamination.

Strategic and Operational Rationale

The company has already expanded into the TGV glass-based CCL new materials business. Strategically, this framework agreement is designed to enable the group to broaden the downstream application scenarios for its glass substrates. This expansion aims to create opportunities within the advanced packaging and high-frequency, high-speed materials sectors.

Anticipated Synergies and Benefits

From an operational perspective, the partnership is intended to combine expertise in glass-based processes with copper-clad laminate technology, generating synergistic effects. The group plans to integrate its manufacturing capabilities to enhance product value-add and drive new avenues for revenue growth.