Notice of Commencement of Liquid Crystal Materials Production Site and Technical Service Center in China

JNC CORPORATION (CEO & President: Yasuyuki Gotoh, Chiyoda-ku, Tokyo) established the subsidiary "JNC LIQUID CRYSTAL MATERIAL (Suzhou) Co., Ltd." in China in December 2014 for the manufacturing and sales of TFT (thin film transistor) liquid crystal materials, and has been advancing construction of a production site and technical service center for these materials. We hereby announce the completion of construction and commencement of the production site and service center.

JNC Group regards research & development, manufacturing and selling of liquid crystal materials which are essential to a highly information-oriented society as the core business of our company, and supplies liquid crystal materials to liquid crystal display manufacturers worldwide. Liquid crystal materials made by JNC are used for products familiar to our lives, such as liquid crystal televisions, smartphones and tablets.

In China, major liquid crystal display manufacturers will successively commence full-scale operation of large lines, and therefore the demand for liquid crystal materials is expected to show significant growth.

The newly established production site and technical service center are the first development/production sites in China for our liquid crystal business. Together with the previously established sales function, we have created a system capable of providing liquid crystal materials to local users more quickly than ever before.

We aim to further improve our services by increasing the speed of development and providing a stable supply of liquid crystal materials in China, where rising demand can be expected.

<Outline of Subsidiary>

(*) JNC PETROCHEMICAL CORPORATION is a consolidated subsidiary of JNC.

<Reference: other locations of JNC liquid crystal business>

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