Shenzhen Wote Advanced Materials Co.,Ltd. Asset Profile

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Year established

2001

Location

Shenzhen Guangdong China

Primary Industry

Materials

About

Established in 2001 and based in Shenzhen, China, Shenzhen Wote Advanced Materials Co.,Ltd. operates as a new material industry platform that provides whole industry chain polymer material solutions. It has many awards, such as state-level specialties, specialties and new "key small giants" enterprises and "the top 100 manufacturing industry of Guangdong province". The company is headquartered in Shenzhen and has many branches in Zhejiang, Jiangsu, Chongqing and Shanghai. The core research team has experience in polymer materials, chemical engineering, industrial design and material science, and it has technology R&D platforms, including a state-level CNAS-accredited testing laboratory, Guangdong provincial engineering technology R&D center, Guangdong provincial academician expert enterprise workstation, and Jiangsu provincial foreign expert workshop. In June 2017, the company was listed on the Shenzhen Stock Exchange and its stock code is 002886. In November 2022, it cooperates with the Chinese Academy of Science to establish synthetic biomaterials innovation center and a women's fund for science and innovation. In August 2023, the company raised CNY 600 million in strategic investment from Caitong Fund Management Co., Ltd., China Asset Management and Guotai Asset Management, etc. The company engages in high-performance functional polymer materials synthesis, modification and finished products business. Its products are divided into six series, which include liquid crystal polymer, special nylon, polysulfone, polyaryletherketone, fluorine-containing polymer, and customized polymers. Products can be applied in the fields of 5G, 6G, artificial intelligence, new energy, electronic and electrical appliances, etc. The revenue of the company was about CNY 1.5 billion in 2022. In the future, the company will invest in construction projects and replenishment of working capital.

Current Investors

Cowin Capital, China Galaxy Investment Management, Jasper Capital

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Primary Industry

Materials

Sub Industries

Environmental Materials, Biopolymer Materials, Advanced Materials

Website

www.wotlon.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

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