Used as a highly efficient catalyst in cross-coupling reactions, particularly in Suzuki-Miyaura and Heck reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and fine chemical synthesis. Its chiral N-heterocyclic carbene ligand framework provides excellent enantioselectivity in asymmetric transformations, making it valuable in the production of optically active compounds. Exhibits high thermal stability and catalytic activity at low loadings, suitable for industrial-scale applications where selectivity and efficiency are critical.