MingXun New Material nets hundreds of millions of yuan in new financing

MingXun New Material has completed hundreds of millions of yuan in financing. Long Capital was strategically introduced as a consumer electronics industry fund, and also participated in this round of financing were Fosun Venture Capital Investment, Addor Capital, Cowin Capital and other top-tier investment institutions.

MingXun New Material has completed hundreds of millions of yuan in financing. Long Capital was strategically introduced as a consumer electronics industry fund, and also participated in this round of financing were Fosun Venture Capital Investment, Addor Capital, Cowin Capital and other top-tier investment institutions.

MingXun New Material is a developer and manufacturer of new materials that have applications in multiple industries. The company develops optical film materials, shielding heat dissipation materials, shock absorption and waterproof materials, surface protection film materials, electronic adhesive tape materials, release film product materials, and others.

The company was founded in 2006 and has many years of technological precipitation in the functional coating composites industry. Its products are widely used in smart terminal products of various consumer electronics brands and are the promoters and practitioners of the development of China’s polymer composites industry.

You Ran, the director of investment of Long Capital, said: “the fresh funding will facilitate the research and development upgrade and industrial expansion of Mingxun New Materials. We believed that with the help of the capital of all parties, the company will enter a faster and more stable development period in the future.”

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/21/mingxun-new-material-nets-hundreds-of-millions-of-yuan-in-new-financing/.

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