Cedar Composites Technology secures RMB100m strategic financing

Cedar Composites Technology, a provider of carbon fiber composite materials and solutions, recently received a strategic investment of 100 million yuan from Cathay Capital.
Shanghai Cedar Composites Technology established in March 2006, and rised rapidly to become China’s top carbon fiber composite solutions provider.During over ten years development , the company continued to expand, at present

Cedar Composites Technology, a provider of carbon fiber composite materials and solutions, recently received a strategic investment of 100 million yuan from Cathay Capital.

Shanghai Cedar Composites Technology established in March 2006, and rises rapidly to become China’s top carbon fiber composite solutions provider. During over ten years development , the company continued to expand, at present we have established a whole supply chain of carbon composite industry — carbon raw materials, carbon intermediate products, carbon end parts.

Cedar Composites holds more than 100 patents and has undertaken various key scientific and technological projects at the provincial and municipal levels. The company’s products cover the four major areas of rail transit, medical, automotive and industrial products, and have been widely recognized by leading industrial clients.

Chairman Zhu Jiaqiang said: “ Cedar Composites has been oriented to large-scale industrial applications for many years, closely tracking the development trend of international carbon fiber composite materials, and proactively focusing on the innovative application of high-performance carbon fiber composite materials in China. The fresh investment from Cathay Capital will further enhance the competitiveness of our company in the Chinese carbon fiber composite material industry. “

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/04/cedar-composites-technology-secures-rmb100m-strategic-financing/.

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