Angelalign Technology Inc. and Lubrizol

Angelalign Technology Inc. and Lubrizol Forge Global Strategic Collaboration to Drive Innovation and Development in the Clear Aligner Industry

Shanghai- Angelalign Technology Inc. ("Angelalign Technology"or the "Company") signed a Global Strategic Cooperation Memorandum of Understanding (MOU) with The Lubrizol Corporation, a science-based company owned by Berkshire Hathaway. This strategic collaboration is set to drive advancements in the clear aligner industry, leveraging the combined expertise and resources of both companies to enhance product innovation, quality and risk management standards, and market responsiveness on a global scale.

The signing ceremony, held on August 27, was attended by key executives from both companies, including Jiezhang HU, CEO of Angelalign Technology and Yan Zheng, Vice President of Angelalign Technology; Rebecca Liebert, CEO of Lubrizol; Arnau Pano, President, Lubrizol Advanced Materials; Henry Liu, Vice President for Asia Pacific at Lubrizol; Jane Cai, Senior Business Director for Asia Pacific at Lubrizol; Clark Yan, Greater China business manager at Lubrizol.

Lubrizol and Angel Aligner signs a Memorandum of Understanding (MOU) for global strategic collaboration

The MOU formalizes a strategic relationship between Angelalign Technology and Lubrizol, focused on accelerating innovation and development in the clear aligner sector. This collaboration leverages Angelalign Technology's advanced research and development in clear aligner products and intelligent manufacturing, combined with Lubrizol's extensive expertise in medical polymers, alongside its global production and research capabilities. Together, the collaboration aims to create innovative products that set new benchmarks for efficacy and comfort, enhancing product performance and market appeal to meet the rising global demand for advanced dental health and aesthetics solutions.

To ensure the quality of its aligner products, Angelalign Technology maintains high standards of quality management throughout every stage of production. The company has independently developed key technologies for automating the entire aligner manufacturing process, making management at each stage more visible, standardized, and traceable through smart technologies. Additionally, Lubrizol provides expertise in quality management systems and global regulatory compliance for medical-grade polymers. The collaboration between the two companies will aid in the provision of quality raw materials and enhanced product reliability for Angelalign Technology's customers.

To further strengthen their collaboration, Angelalign Technology and Lubrizol will regularly host technical workshops to explore market insights, regulatory and product updates. This collaborative approach will enhance both companies' agility and ability to respond quickly to evolving global market needs, ensuring that they remain at the forefront of industry innovation.

Jiezhang Hu, CEO of Angelalign Technology, commented, "Angelalign Technology has always been committed to delivering high-quality services to dental professionals and patients worldwide through our innovative product technology, professional medical services, and strong intelligent manufacturing capabilities. Our global strategic collaboration with Lubrizol will further enhance our capabilities in product research, development, and manufacturing, advancing our digitalization and globalization strategies, and ultimately creating a better experience for our users."

"Lubrizol is dedicated to creating extraordinary value for our customers by developing breakthrough solutions that improve well-being and enhance modern life,"said Arnau Pano, President, Lubrizol Advanced Materials. "Our deep collaboration with Angelalign Technology will bring more innovative and reliable products to the clear aligner market, meeting consumer expectations and creating more radiant smiles worldwide."

Following the signing ceremony, Lubrizol visited Angelalign Technology's Chuangmei Center, an intelligent manufacturing facility located in Wuxi, Jiangsu Province. During the tour, the Lubrizol team had the opportunity to gain a comprehensive understanding of Angelalign Technology's prominent capabilities in various areas, including product design, process development, flexible manufacturing, and quality inspection.

About The Lubrizol Corporation

The Lubrizol Corporation, a Berkshire Hathaway company, is a science-based company whose specialty chemistry delivers sustainable solutions to advance mobility, improve well-being and enhance modern life. Founded in 1928, Lubrizol has global reach and local presence, with more than 100 manufacturing facilities, sales and technical offices and 8,000 employees around the world.

About Angelalign Technology Inc.

Founded in 2003, Angelalign Technology Inc. provides digital technology-driven clear aligner products and services to meet the needs of dental professionals and patients worldwide. The Company's innovative products and technical services have established it as a prominent player in the orthodontics industry. In 2021, Angelalign Technology was listed on the Hong Kong Stock Exchange. In 2023, the Company launched its global expansion strategy, with its products and services now reaching over 50 countries and regions.

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