Footprints of Morimatsu People in 2024 - A Reflection on Our Extraordinary Journey

01 As the auspicious loong bids farewell to the old year, the holy snake dances to greet the new one.

Looking back at 2024, we have braved the waves of time. The days and nights of hard work and moments of warmth have all transformed into precious memories. As we look ahead to 2025, it strides towards us with the light of hope. As the new year begins, let's embark on a fresh journey together. May the new year bring you warmth, guiding you along a smooth path, where all your wishes are fulfilled. Let's embrace the beauty around us, and write a brilliant chapter in this world!

At the dawn of the new year, the world’s largest single-set PTA oxidation reactor for the third phase of the Xinfengming Group project was delivered. The reactor, with a diameter of 11.3 meters, is made of titanium-steel composite plate, with a total length of 21.7 meters and a weight of more than 600 tons. Thanks to the hard work, passion, expertise, and innovation of all team members, this giant reactor was successfully delivered to customers ahead of the Spring Festival, marking a significant milestone in the advancement of global chemical technology.

With a global vision, we seek win-win benefits.Morimatsu provides Zencore Biologics with upstream and downstream production lines covering a range of 5000L systems. This collaboration is accelerating its industrial upgrading to meet the increasing global demand for capacity, thus stimulating the vitality of the biopharmaceutical industry and bringing more innovative therapies and medicines to patients all around the world. Both sides will take this cooperation as an opportunity and fully leverage the advantages in respective fields to create more win-win new stories in the future!

On April 12, 2024, Morimatsu (Suzhou) LifeSciences Company Limited held an opening ceremony in Changshu Economic Development Zone, Suzhou. The official opening of the new production base will further release production capacity and continue to empower the quality development of the life and health industry. It will also mark a milestone for Morimatsu in its industrial layout. It also vividly reflects how Morimatsu strengthens its global strategic layout, continuously delivers its full-life-cycle products and services, and builds the Morimatsu brand with international influence and competitiveness.

The Malaysia Base of Morimatsu Holding the Shipment Ceremony of Its First Lithium Battery Module Project, Opening a New Chapter of Global Strategic Layout.

As the shipment ceremony of the project for the world’s first set of electrolyte modules manufactured in Malaysia and shipped to an American owner was successfully held, the Malaysia base of Morimatsu ushered in a milestone historical moment. This significant achievement not only enhances Morimatsu's reputation and influence in the international market but also lays a solid foundation for us to secure a competitive position in the global economic landscape.

The Morimatsu Group Welding Competition is not only a technical contest but also a vibrant exchange of knowledge and experience. The competition sparks creativity and preserves craftsmanship. In the heat of the moment, with sparks flying, contestants are tested on their technical skills, patience, and precision. This experience will become a driving force for their personal growth, pushing them to strive for the highest standards in every task in the future. It also helps cultivate a pool of talented professionals to support the group's long-term development.

On August 1st, Morimatsu Heavy Industry Co., Ltd. officially delivered the Product Carbon Footprint Certificate and Decarbonization Pathway Report, representing a significant milestone toward achieving our "carbon neutrality and carbon peaking" goals. Let's anticipate seeing Morimatsu thrive on its low-carbon journey and work together toward a sustainable future!

Morimatsu Energy & Materials joins hands with PGT to accelerate the technological upgrading of the global lithium battery industry chain. The collaboration marks our first entry into the Korean market, injecting new vitality into the new energy sector! Morimatsu will open a new chapter in the global new energy business starting with the lithium battery module device.

On September 23, 2024, Morimatsu Energy & Materials signed a Letter of Intent for the joint development of a 15,000-ton lithium hexafluorophosphate production unit (modular delivery) at the headquarters in Seoul, South Korea. This marks a further deepening of the partnership between the two sides in the field of raw materials of power battery, and also signifies that both of them will jointly respond to the rapid transformation demand of the international automotive energy market with the expertise and experience of each other in the field of power batteries.

On October 14, 2024, a delivery ceremony for the modular plant project, a collaboration between WuXi XDC and Pharmadule Morimatsu AB, was held at Morimatsu's manufacturing base in Changshu. The cutting-edge modular production facilities for bioconjugated drugs, including the first batch of nearly 100 modules, is shipped to WuXi XDC's manufacturing base in Singapore. This marks a crucial progress and a new step in the strategic cooperation between WuXi XDC and Pharmadule Morimatsu AB, enabling further mutual growth.

On December 12, 2024, Morimatsu International Holdings Company Limited (Morimatsu International) hosted the "Sustainable Energies and Materials: A Forum for Industrial Ecology Towards a Global Vision" (2024) in Shanghai. The Global Green Energy Ecology Forum, hosted by Morimatsu International, serves as a platform for connecting all links of the global green energy value chain. The Forum facilitates the exchange of innovative technologies, explores development directions, fosters collaboration, and provides valuable insights to stakeholders in the green energy industry. Moreover, the Forum injects new vitality into the global green energy ecosystem and supports the adoption of "green" as a cornerstone of high-quality development.