CDW Holding Limited announced their invention of a new water-soluble compound. The Company's subsidiaries, Tomoike Bio Limited ("TBI") and CDW Life Science Co. Ltd. ("CLS"), have been researching the possibilities and applications of utilising CLS's organic synthesis to create a new compound which can be used in a wide range of industries.

To date, the CLS researchers have invented a water-solubilised chemical compound, ("LANFA1") which can improve hydrophilicity2 and water solubility. In July 2023, TBI and CLS have applied for a patent for LANFA in Japan. They will also consider filing an international patent application under the Patent Cooperation Treaty ("PCT") in the future.

LANFA's unique features and corresponding benefits include: Able to synthesize with a wide variety of substances and has customisable hydrophilicity and water solubility properties, therefore can be used in a wide wide range of fields and applications, while easily adjustable to meet different market needs; Its simplified synthetization process allows for high yield of LANFA, via a small number of reaction processes, which leads to a low production cost; Water-solubilised compounds possess high reproducibility in production, homogeneity, and quality assurance, which would create high mass producibility and consistency; and It is possible to combine with metals and fine ceramics4 theoretically, making it feasible to develop dispersions and solutions of these materials. Applications of LANFA. Water soluble technology is used in a wide range of substrates and fields, and the Group has identified some commercialization possibilities for LANFA to be applied to cosmetic product ingredients, chemical products and others.

For instance, the cosmetics industry's lotions and essence are in liquid form, delivering various ingredients to the skin for diverse outcomes. Some of the cosmetic product ingredients have poor water solubility and require the use of surfactants that must undergo strict safety testing. With the use of LANFA, the use of surfactants may not be necessary.

The Group is conducting research and experiments on various water-insoluble ingredients used in the cosmetic industry and has identified some promising targets. Bakuchiol, called the next generation of vitamin A (" Retinol"), is a Retinol functional analog with higher antioxidant activity that is extracted from plants and in oil form. The Group has succeeded in water solubilisation of Bakuchiol and has submitted samples to potential customers.

The benefits of Bakuchiol include significant improvements in fine lines, pigmentation, elasticity, firmness, and overall reduction of photodamage have been observed with twice-daily application to face. There are published papers to show no undesirable effects associated with Retinol therapy. Other target ingredients in the cosmetics industry include Resveratrol, Pterostilbene, Ceramide and Silicon.

Theoretically, LANFA can be combined with metals such as gold, silver, and copper, as well as with fine ceramics including aluminum oxide and zirconium oxide, and the Group believes that dispersions and solutions of These materials are also possible to be developed. Alloys in liquid form at room temperature are well known for their use in the field of heat dissipation, such as circulating cooling. With regard to this field, the Group plans to select targets, gather information, and conduct research for the realisation of this field by the first half of 2024, and prepare materials to determine the feasibility of this project.

In addition, LANFA has anti-fogging and anti-fouling properties due to its hydrophilic improvement function. There is a possibility that these functions can be applied in the area of antifog coating, which is used on a great variety of substrates. This anti-fogging coating has huge potential because it may be used in a wide range the building & construction, automotive, aviation & aerospace, electronics, military & security, and medical & safety industries.

The global antifog coating market was valued at USD 17.34 billion in 2022 and is expected to grow to USD 22.06 billion by 2029, with a CAGR of $22.06 billion by 20 29.5 billion by 2029, with an CAGR of 2029, with a C AGR of $22.5% during the future.5% during the 2022, with a CAGR.5% during the future, with a great variety of the future.5% in the future.