GNM

Founded in 2011 and based in Linzhou, China, Henan Guangyuan New Materials Co. , Ltd. , trading under the name GNM, has focused on developing and producing electronic fiberglass materials. Over the years, it expanded its product offerings to include low dielectric yarns and fabrics for use in circuit boards and semiconductor devices, supplying both domestic and international markets.

In September, the company completed a venture funding round from Shang Qi Capital and SAIC Capital to support expansion into AI, automotive and communication applications. GNM provides a portfolio of electronic-grade fiberglass products, including electronic yarns, electronic fabrics, low dielectric yarns, and low dielectric fabrics. These products are used in printed circuit boards, semiconductors, and telecommunications equipment, with applications across industries such as electronics, automotive and communications. The company generates revenue through B2B sales of electronic yarns and fabrics to manufacturers and distributors in the electronics industry.

Income is derived from bulk contracts and long-term supply agreements, with pricing based on order volume. GNM plans to use proceeds from its recent venture funding to expand production capacity for low dielectric electronic fiberglass cloth, targeting growth in AI, automotive and communications industries. The company also aims to broaden its presence in new geographic markets, including North America, Europe and Southeast Asia.