Optorun Co.,Ltd. announced that at the Board of Directors meeting held on June 23, 2021, decided to establish a new company for ALD deposition equipment as follows. Goal of new company: To expand the ALD deposition equipment business, the company has decided to establish a new company in China, main market, to develop, manufacture and sell ALD coater equipment. Until now, the company has utilized the ALD technology of subsidiary Afly Solution Oy (Finland, hereinafter referred to as "Afly"). This new company with current Shanghai ALD business transferred will act as the parent company of Afly to form a new organization capable of launching the ALD deposition equipment business in full scale. Optorun head office and Optorun Taiwan will provide strong supports for the new company in the development of a ALD technology, marketing and mass production system, and will focus on establishing the Optorun Group as the company in the field of ALD coater equipment. The company named Shuo.Li as CEO and Date of Establishment will be Within year 2021.