On May 28, 2025, the grand opening ceremony of Millison（Shanghai）Industrial Development Co. Ltd(referred to as "Millison(Shanghai)" for short) — a wholly-owned subsidiary of Millison — was successfully held at Hulian Baodi Binjiang Park in Shanghai. Chen Yilan, Secretary of the Party Working Committee of Youyi Road Sub-district, Baoshan District, Shanghai Municipality; Chen Jiangping, Director of the Asset Management and Laboratory Department, Shanghai Jiao Tong University; Liu Haijiang, Dean of the Department of Mechanical Engineering, Tongji University; Yu Yajun, Chairman of Millison; and Tong Ronghui, General Manager of Millison（Shanghai）Industrial Development Co. Ltd, attended the event. Leaders from relevant government departments, industry experts, partners of Millison, and employees of Millison（Shanghai） witnessed this milestone moment in the development history ofMillison（Shanghai）Industrial Development Co. Ltd together.

General Manager Tong Ronghui of Millison（Shanghai）introducing the company

Niu Kun, General Manager of Shanghai Iron and Steel Financial Industrial Park Development Co., Ltd., delivering a speech

Li Zhijun, General Manager of Baodi Binjiang Park, delivering a speech

Chen Jiangping, Director of the Asset Management and Laboratory Department, Shanghai Jiao Tong University, delivering a speech

Yu Yajun, Chairman of Millison, delivering a speech

Grand opening of Millison（Shanghai）Industrial Development Co. Ltd

Visiting the company's brand-new office space

Founded in January 2025,Millison（Shanghai） is an important scientific research institution of Millison for its layout in East China, global outreach, and exploration of high-tech fields in the industry. It is mainly responsible for "technological breakthroughs in extreme heat dissipation scenarios" and "innovation in lightweight aluminum-magnesium alloy materials" for national pillar industries such as automobile, communications, and digital energy. The company will jointly establish a Joint Laboratory of Thermal Management and Materials with top domestic scientific research institutions including Shanghai Jiao Tong University, Tongji University, and Chongqing University. Through the full-link R&D model of "Demand Insight - Technological Breakthrough - Scenario Implementation", it will form a complete technological closed loop from basic material research to system integration and application, providing full-lifecycle thermal management solutions for strategic fields such as communication base stations, energy storage systems, new energy vehicles, chips, and computing power centers, and contributing to industrial energy efficiency upgrading and sustainable development.