Crerax secures RMB30m financing round

On July 20, Crerax, a disruptive new materials company, announced that it has raised 30 million yuan in financing, with the current round of investment from Longwater Investment.

On July 20, Crerax, a disruptive new materials company, announced that it has raised 30 million yuan in financing, with the current round of investment from Longwater Investment.

Crerax hopes to expand its production capacity and further upgrade its technology development capabilities through this round of financing.

Crerax is a leading R&D-driven science and technology company in the field of new polymer materials.

The company’s products and solutions are widely used in more than 120 industries, including construction, automotive, aerospace, printing and dyeing, and have upgraded the products and lives of clients in many countries around the world over the years.

Ms. Chen Wenxuan, Chief Strategy Officer of Crerax, said, “Starting from chemical basic new materials, our company has achieved multiple branches of expansion into applied new materials, building an ecosystem in the field of new materials. We will continue to be R&D oriented and provide new, efficient and energy saving solutions at a strategic level for all sectors.”

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/22/crerax-secures-rmb30m-financing-round/.

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