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samsung sdi, a well-known korean battery and electronic materials manufacturer, recently announced that it would sell its polarizing film business to wuxi hengxin optoelectronic materials co., ltd. of china. the total transaction amount is as high as 1.12 trillion won, which is equivalent to about 5.936 billion yuan. this cross-border m&a case represents the huge role of international express delivery in promoting the development of global industries.

as a key optical film, polarizing film plays a vital role in lcds, tvs and other display devices. it controls the amount of light transmitted to achieve clear image display, which directly affects the image quality of the screen. therefore, the technical level and production capacity of polarizing film have an important impact on the performance and competitiveness of display devices.

as a world-leading manufacturer of batteries and electronic materials, samsung sdi has been committed to promoting innovation and development in the fields of automotive batteries, energy storage systems and it equipment since its establishment in 1970. the divestiture of the polarizing film business is a strategic choice for samsung sdi to optimize resource allocation and focus on core competitiveness in the context of global competition. as a global cutting-edge polarizer manufacturer, hengmei optoelectronics has been committed to providing high-quality and stable polarizer supply to panel factories in many countries and regions around the world since its establishment. this acquisition will further enhance its position and influence in the global polarizer market.

as a first-class industrial investment institution in china, nuoyan capital has focused on cutting-edge fields such as optoelectronic display, third-generation semiconductors, new energy and smart cars since its establishment. it played an important role in this merger and acquisition, not only providing financial support for the merger and acquisition, but also using its deep industry resources and professional experience to provide strong guarantees for the post-merger business integration and development.

the polarizing film business transfer agreement between samsung sdi and the chinese company will help samsung sdi focus more on the development of its core business. for the chinese company, this acquisition will add new impetus to its competition in the global polarizing film market.