Yanyi New Materials secures a new financing round

Yanyi New Materials, a technology innovation company, recently completed a new round of financing by Chendao Investment. The amount of the investment has not yet been disclosed.

Yanyi New Materials, a technology innovation company, recently completed a new round of financing by Chendao Investment. The amount of the investment has not yet been disclosed.

Established in 2019, Yanyi New Materials is a new energy and new materials company driven by technology innovation.

At present, its core business lies in developing new functional materials for lithium batteries, including water soluble binders for batteries, high-safety membrane coating binders, conductive binders, other functional special polymer materials, various special functions additives, high-end electrolyte formulations and etc.

In the next ten years, the company plans to break technical barriers and realize the industrialization in the field of new energy, new materials, and green materials.

The business of Yanyi New Materials covers R&D and sales of polymer functional materials, water soluble functional coatings, and functional chemicals (excluding hazardous chemicals and precursor chemicals).

Yanyi also undertakes the development, application and sales of electrolytes, electrolyte formulations and additives; system-wide basic research and technical consultation for new generation batteries, solar cells and non-lithium battery positive and negative electrode materials; systematic research and new development of power and energy storage batteries.

It is as well permitted to operate ordinary transportation.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/06/yanyi-new-materials-secures-a-new-financing-round/.

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