Changde Lyrun Material Co., Ltd.

Changde Lyrun Material Co., Ltd. (hereafter as Lyrun), a subsidiary of Corun listed on the Shanghai Stock Exchange Market (Stock code 600478), is a new and high technology enterprise, specialized in the R& D, manufacturing, business operation on the open-celled metal foams and their extended products.

Lyrun has built up the world first-class R& D, production and marketing team in the field, which is mainly engaged in the continuous development and manufacturing operation on new energy materials. As the world largest nickel foam manufacturer, its major product--Nickel foam, now occupies over 40% of the global market share, and its series of metal foam materials and related products have been covering the energy storage, energy saving, filtering, energy absorption, shock absorption and other fields, showing great industrial development room. The strong R& D capacity makes it become the leader in the national new nergy storage materials research and development.