Advanced Manufacturing Startups

LSNM (联仕新材料) develops and manufactures high-purity electronic chemicals for the semiconductor and electronics industry, enabling localized production of high-end electronic chemicals in China. The company, based in Suzhou, is certified as a national high-tech enterprise.

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A Taiwan-based company that produces ultra-high-purity electronic chemical materials for the microelectronics industry, operating a manufacturing plant and laboratory built with US-derived technology. It serves semiconductor (IC) and flat-panel display (FPD) process customers with specialty chemical materials and related technology development.

1 investor

Polymaker develops and manufactures advanced 3D printing materials, including pellet-based and glass fiber reinforced polycarbonate products for applications such as composite mold fabrication. Its materials serve industrial additive manufacturing processes like fused granule fabrication (FGF).

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Chongqing Zhenbao Technology (Genori), founded in 2016, makes silicon, quartz, silicon carbide and alumina ceramic components used inside the vacuum chambers of chip-making and display-panel manufacturing equipment, and provides surface-treatment services such as thermal spray regeneration, anodizing and precision cleaning. It serves integrated circuit and display panel industry customers through an integrated raw-material, component and surface-treatment platform.

1 investor

Sutest (Sushi Test Group) provides testing and evaluation services across the full industry chain, holding numerous standards, patents, and software copyrights. The company positions itself as a one-stop testing service provider.

1 investor

蓝动精密 (Blue Dynamics) develops fluid measurement and control products—including flow, pressure, temperature, and electronic control solutions—along with fluid transport system designs. Its products cover fluid control, thermal management, vacuum systems, and precision functional components for semiconductor equipment and high-end industrial applications.

1 investor

Guizhou Sanli is a traditional Chinese medicine pharmaceutical company covering cultivation, R&D, production, and marketing, producing TCM in 16 dosage forms such as sprays, granules, capsules, pills, and tablets across GMP production lines. Founded in 1995, it is publicly listed on the Shanghai Stock Exchange and operates about ten subsidiaries.

1 investor

Chaozhuo (stock code 688237) is a Chinese manufacturing company specializing in cold spray solid-state additive manufacturing technology. Its business spans additive manufacturing and remanufacturing, functional coatings, airborne equipment repair, new-energy vehicle parts production, and precision machining equipment development.

1 investor

Jiangsu Jinwang Intelligent Technology develops, manufactures, sells, and services automated smart-factory equipment for agrochemical formulation companies, covering intelligent processing, packaging, warehousing, operations, and service. The company operates as a service-oriented industrial equipment platform and is based in Changzhou, China.

1 investor

Anhui Xinbo Aluminum Co., Ltd. develops, manufactures, and sells aluminum products including new-energy vehicle components, photovoltaic frames and brackets, and recycled aluminum, operating a full production chain from casting and mold design to extrusion, oxidation, machining, and assembly. The company runs six production bases in China and is listed on the Shenzhen Stock Exchange (stock code 003038).

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A Shenzhen-based company that develops pressure and force sensing equipment for industrial use, including battery cell swelling force testing, cell formation and capacity testing, and flatness/lamination inspection machines. It also offers an energy storage safety early-warning system.

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Phichem (飞凯材料) develops and manufactures specialty chemical materials, including UV-curing materials, semiconductor materials (wafer fabrication, wafer-level and chip-level packaging), display materials such as liquid crystals and photoresists, optical fiber coating materials, automotive coatings, and pharmaceutical intermediates. It supplies these materials to industries such as semiconductors, displays, and optical fiber cabling.

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4M Carbon Fiber develops plasma-based technology to manufacture industrial-grade carbon fiber at lower cost and higher volumes than traditional methods, targeting markets in infrastructure, wind energy, transportation, and energy storage. The company licenses its oven technology and pursues joint ventures with manufacturers across the carbon fiber supply chain.

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