YESTAR HEALTH (02393) announced that the company is currently exploring and proposing investments in the high-performance materials industry. This sector falls under the manufacturing division, specializing in the design, construction, and commercialization of materials that outperform traditional counterparts by at least an order of magnitude in key characteristics.
The board noted that the global high-performance materials market is experiencing robust and sustained growth. To capture this market in Southeast Asia, particularly in China, the group is actively seeking to acquire coating production lines, R&D equipment for high-performance materials, and related patents.
Coating technology plays a pivotal role in transforming bulk high-performance materials into marketable finished products. It is a decisive process in nearly every high-value materials segment, determining the success or performance of components. Beyond its importance, coating serves as the foundation for high-performance material production and often drives innovation.
This critical enabling technology allows base materials to perform far beyond their inherent capabilities, effectively creating "new" composite materials. Coating acts as the interface between materials and their environment. Through engineering this interface, the company can radically alter material performance without modifying the bulk material itself, frequently achieving exceptional cost efficiency.
Leveraging experience gained over the past two years in fine production of its proprietary "Yes!Star" S2 film cameras—which enhanced product quality and efficiency—the company will continue investing in upgrading R&D equipment. The goal is to become a high-performance materials engineering firm and manufacturer while diversifying business segments through synergies in material R&D.
The board anticipates that high-performance materials will initially be applied in oil & gas, hydrogen, and new energy industries, with potential applications expanding to other sectors as appropriate.