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Hefei display materials company announced the completion of tens of millions of yuan in financing

Recently, Hefei Zhongke Youcai Technology Co., Ltd. ("Zhongke Youcai" for short) announced the completion of tens of millions of yuan in Pre-A round of financing. This round of financing was jointly participated by Chuanggu Capital, Hangzhou Xingqiyuan, and Luojia Wutong. It is reported that the financing funds this time will be mainly used for the construction of R&D and production base for display polarizer PET support film and the daily operation of the company.

According to the data, Zhongke Youcai focuses on the research and development, production and sales of PET polarizer support films. It was originally established by the intellectual property rights of the University of Science and Technology of China. It has the background of the innovation team of "New Display Optical Film", a key area of ​​the Ministry of Science and Technology. It has currently built a full-chain technical solution and a complete process package covering functional masterbatch formula, base film processing technology, and online coating formula and technology.

The company's products can support and protect polarizing films. The polarizers using its products have low water vapor transmittance, good weather resistance, and long life. They will be widely used in large-screen TVs, outdoor panels, vehicles, and various new display panels that require ocean transportation.

Hefei Hi-tech Investment stated that after the completion of this round of financing, Zhongke Youcai will accelerate the industrialization process of core technologies and promote the large-scale mass production and domestic substitution of PET polarizer support films.

According to the Qichacha website, Zhongke Youcai has completed 4 rounds of financing since its establishment in 2023. Among them, the maximum single-round financing amount is 80 million yuan.