H
Hechen / 禾臣新材
Display and semiconductor polishing pads and photomask blanks
About Hechen / 禾臣新材
Anhui Hechen New Material Co., Ltd., founded in 2016 by Li Jiahai, develops and manufactures new materials for the display and semiconductor industries. The company's core products include polishing materials, such as adsorption pads and CMP polishing pads, as well as blank photomask substrates. These components are essential for the manufacturing processes of electronic displays, optical devices, and semiconductors.
The founder, Li Jiahai, has a background in the ITO/TFT-LCD new display industry, which informed the company's direction. Before establishing the company, Li collaborated with Professor Tan Hong of Sichuan University's College of Polymer Science and Engineering to develop the initial products, successfully creating a prototype in 2015. This collaboration broke the foreign monopoly on certain electronic display polishing materials.
Headquartered in Ma'anshan, Anhui Province, the company operates from a 45,000-square-meter production facility and employs over 220 people. It has been recognized as a national high-tech enterprise and a "Little Giant" firm by the Ministry of Industry and Information Technology, holding over 100 patents. The company focuses on the domestic replacement of critical materials, aiming to reduce reliance on foreign technology and lower production costs for its clients in industries like mobile phones and home appliances.
Anhui Hechen New Material has secured multiple funding rounds, including a 100 million RMB Series B round in January 2023. Investors include Shenzhen Gaoxin Investment, Anhui Investment Group, and Oriental Fortune Capital. The capital is being used to expand production capacity, including the development of G8.5 generation blank photomask technology.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jan 2023 | $14M | $55M | Dongfang Fuhai · Anhui Jiangdong Industry Investment · Hexian Hesheng Investment · Chengdu Haisheng Junrong | ↗ |
Growth signals
Latest recorded traffic for Hechen / 禾臣新材 is 150 monthly website visits, down 76.6% over the last three months. Hechen / 禾臣新材's team grew 0% over the past year.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A7 investors entered at this stage
- DFDongfang Fuhai
- AIAnhui Jiangdong Industry Investment
- HIHexian Hesheng Investment
- CJChengdu Haisheng Junrong
- QHQingdao Huiwang
- HFHexian Fenghe Industry Guidance Fund
- SIShenzhen Gaoxin Investment
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Hechen / 禾臣新材 on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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