Nanofilm Technologies International Limited announced on Feb, 05 2026 that it has entered into a shareholders’ agreement to form Dongguan Najin Technology Co., Ltd. in Dongguan, China.

The joint venture will be capitalised at about 6.5 million, with Nanofilm holding 30.8% while three individual and corporate partners will own the balance. Each party has up to five years to pay its share of the capital.

Nanofilm’s wholly owned subsidiary, Nanofilm Vacuum Coating (Shanghai) Co., Ltd., will also extend a convertible loan of about 2.0 million carrying 15% annual interest. The lender may convert the loan and accrued interest into equity in the venture on a 1:1 basis at any time within the five-year term.

The new company will market, sell and distribute vacuum-coating equipment and related services to customers in optics, automotive, consumer electronics, semiconductor, robotics and other industrial segments across Southern China.

Nanofilm said the investment and loan will be funded internally and are not expected to have a material impact on its net tangible assets or earnings per share for the year ending Dec, 31 2026.