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Xiamen's new material firms attract capital investments

Multiple Xiamen-based new material companies recently concluded new financing rounds. In early March, Huatan Technology, specializing in single-wall carbon nanotube R&D and production, completed its Series A funding with participation from investors including Xiamen Guoxing Investment. At the end of February, Zhongxin Xintan, a company within Xiamen Torch High-Tech Zone, announced the closure of its Series A round led by Xiamen High-Tech VC. Meanwhile, Senyi Quantum Technology (Xiamen) Co., Ltd., focused on core materials for optical communications, secured both angel and Pre-A round investments. The capital inflow underscores the innovation vitality of Xiamen's new materials sector. In recent years, the city has prioritized new materials as a strategic emerging industry under its "4+4+6" modern industrial framework, driving deep integration of technological and industrial innovation.

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