Used as a key building block in the synthesis of conjugated polymers and organic semiconductors, particularly in the development of electron-transport materials for organic light-emitting diodes (OLEDs) and perovskite solar cells. Its structure supports efficient π-conjugation and facilitates intermolecular hydrogen bonding, enhancing film stability and charge carrier mobility. Also employed in the design of metal-organic frameworks (MOFs) and coordination polymers due to its dual hydroxyl and nitrogen donor sites, enabling catalytic and sensing applications. Additionally, serves as a precursor in pharmaceutical research for constructing nitrogen-containing heterocyclic compounds.