Beixu / 北旭电子
Display photoresist and specialty glass powders
About Beixu / 北旭电子
Beixu Electronic Materials (BAE), founded in 1993, operates as a technology-focused enterprise in China's material sciences sector. The company originated as a joint venture between BOE Technology Group and Japanese firms including Asahi Glass Co., Ltd., Marubeni Corporation, and Kyoei Shoji Co., Ltd. A significant milestone occurred in 2008 when BOE acquired all Japanese shares, making BAE a wholly-owned subsidiary and renaming it Beijing Beixu Electronic Glass Co., Ltd. Reflecting a shift in its primary business, the company was renamed Beijing Beixu Electronic Materials Co., Ltd. in 2014. In a major ownership change, BOE transferred 100% of its equity in Beixu Electronics in 2020 to a consortium led by TNC new materials, for a price of 425 million yuan. The current chairman is Lukun Jun.
The core business of Beixu Electronic Materials revolves around the development and production of organic positive photoresists and special inorganic powder materials. Its product portfolio is extensive, catering to a wide array of industries such as aerospace, electronics, medical, marine, home appliances, automotive, and consumer goods. Specifically, the company manufactures products like positive photoresists for TFT-LCD arrays and AMOLED displays, as well as various special sealing glass powders used in batteries, relays, connectors, and for sealing different types of metals and alloys. This positions the company as a key supplier for manufacturers in the display and semiconductor industries. In December 2020 and May 2022, the company secured equity financing, with the latter round amounting to 197 million RMB from TNC.
The company's operational structure includes its headquarters in Beijing and a production facility in Tianjin, which was established in December 2003. The Tianjin plant, covering over 20,000 square meters, is equipped with advanced production lines. Beixu Electronic Materials emphasizes research and development, with its R&D personnel constituting over 30% of its workforce. The company has established a cooperative research and development base with East China University of Science and Technology to enhance its R&D capabilities and team building. This commitment to technological advancement is supported by advanced testing equipment, enabling the development of new materials and products. The company holds multiple certifications, including ISO 9002 since 1998 and ISO 14001 since 2005, and has been recognized as a "Beijing High-tech Enterprise" since 2000.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 1993
- Headquarters
- Chaoyang District, China
- Employees
- 4
- Open positions
- None listed
- Dealroom signal
- 22.0/100
- Industry
- Engineering and Manufacturing Equipment
- Sector
- Engineering and Manufacturing Equipment, Hard Tech, DT and LS, science-based
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | May 2022 | $26M | $105M | Red Avenue | ↗ |
Growth signals
Latest recorded traffic for Beixu / 北旭电子 is 400 monthly website visits, up 150% over the last three months. Beixu / 北旭电子's team grew 0% over the past year.
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Investors
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Series B and later1 investor entered at this stage
Red Avenue
Source: Dealroom Talent Intelligence.
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