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Jiangsu Junhua Special Polymer Materials Co., Ltd. (Junhua Co., Ltd.) recently successfully held an equity financing signing ceremony in Jining, Shandong. The financing was led by Yin'an Capital, and Guoqian Capital and Changzhou Junhe Zhiyuan participated in the financing, with a total amount of tens of millions of yuan. The funds will be mainly used to promote new product development and the construction of new bases.

Since its establishment in 2007, Junhua has been focusing on the application, research and development, and production of high-performance special engineering plastic profiles and products such as PEEK and PI. After nearly 20 years of development, the company has developed into one of the leading PEEK profile production and product processing companies in China, accumulating rich experience in PEEK product application development and having a large customer base.

According to the Masterbatch Industry Network, PEEK (polyetheretherketone) material is known as the "king of plastics" for its high strength, high temperature resistance, wear resistance, corrosion resistance, impact resistance, low noise and excellent biocompatibility. This material has excellent comprehensive performance among global thermoplastic materials and is currently widely used in many fields such as automobiles, electronic information, industry and energy, medical care, and aerospace. At the same time, it provides key material solutions for strategic emerging industries such as new energy vehicles, domestic commercial large aircraft, and humanoid robots, showing a broad market prospect.

In recent years, Junhua has made industrialized technological breakthroughs in PEEK resin polymerization technology, becoming the only company in the domestic PEEK industry to achieve full industry chain layout. In addition, the company has also achieved remarkable results in the development of new products such as medical implant-grade PEEK resin, CF/PEEK composite materials and PEEK flat wires, consolidating its leading position in the industry.

Yin'an Capital, the lead investor in this round of financing, was jointly initiated by the Chemical Division of Sinochem Holdings (formerly Sinochem Group), Wison Engineering, a leading private listed company in the industry, Shanxi Yaxin Group, and a team shareholding platform. The platform focuses on industrial and financial investment in new materials, new energy, life sciences, green environmental protection, and intelligent manufacturing. This investment will further promote the development of Junhua in the fields of new materials and special engineering plastics.