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    Home > Chemicals Industry > China Chemical > Valuation of 1 billion!

    Valuation of 1 billion!

    • Last Update: 2022-08-20
    • Source: Internet
    • Author: User
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    It is reported that Jinan Jingzheng Electronics Technology Co.


    According to public information, Jingzheng Electronics Co.


    Some investment institutions close to Jingzheng Electronics said that the current valuation of the project is less than 1 billion yuan


    Recently, the field of new materials has soared significantly, and investment and financing events and scales are increasing


    A VC partner in East China who focuses on the field of new materials told reporters that at this stage, the phenomenon of project valuations becoming higher and investment institutions competing for shares has already appeared in the field of new materials


    Hubble comes with money and orders

    According to public information, Jingzheng Electronics was established in 2010.


    At present, Jingzheng Electronics has developed and industrialized 300-900 nanometer thickness lithium niobate single crystal thin film material products


    According to public information, as of now, Jingzheng Electronics has completed a total of 7 rounds of financing.


    Jingzheng Electronics did not disclose information such as the amount of capital invested by Harbin Investment


    According to the data of Venture Capital, Hubble Investment has invested in a total of 5 new material companies including Jingzheng Electronics in the past two years, and the remaining 4 are: Han Tiancheng, Shaanxi Yuanjie Semiconductor, Dongguan Tianyu Semiconductor and Shendi semiconductor


    This year, VC/PE is rushing for new material projects

    Looking at the country, new materials have swept the venture capital circle this year, and another trillion-dollar track is emerging


    There is such a set of data-as of July 2022, the new material track in 2022 has disclosed 389 domestic financing events, with a total financing of approximately RMB 50.


    The survey results of the Ministry of Industry and Information Technology on more than 130 key basic materials of more than 30 large enterprises across the country show that 32% of the key materials are still blank, and 52% rely on imports.


    At present, the venture capital circle has gradually reached a consensus: the new material industry is a sunrise industry worthy of long-term follow-up investment


    As the saying goes, every technological revolution must be accompanied by material innovation


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