Another High-Performance Carbon Fiber Composite Thermal Field Materials Company Completes New Round of Financing
Around May 2025, Jiangsu Guanhe New Materials Technology Co., Ltd. (hereinafter referred to as "Guanhe New Materials") completed a new round of financing, jointly invested by Yonghua Investment, Anhui Reform and Development Fund, and Cornerstone Capital.
Established in October 2023 and headquartered in Kunshan, Suzhou, Guanhe New Materials specializes in developing high-performance carbon fiber composite thermal field materials. The company operates two wholly-owned subsidiaries located in Henan and Anhui provinces.
The company's core product is high-performance carbon fiber composite thermal field materials, subdivided into silicon carbide hard felt and second-generation thermal field materials. These products are primarily used in the crystal growth process for third-generation semiconductor silicon carbide substrates.
It is understood that the company will achieve mass production of its second-generation products by 2025, with performance matching international top-tier standards while reducing costs by 15%-20%. The second phase of the Henan base project involves an investment of 150 million yuan, targeting an annual production capacity of 500 tons of carbon fiber thermal field materials. Upon reaching full capacity, the annual output value is projected to exceed 500 million yuan.
The company has secured two rounds of financing. In May 2024, it completed its Pre-A round led by Yida Capital with participation from Qianhui Capital.