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Goldpro
Goldpro New Materials Co., Ltd is a Chinese manufacturer and exporter of grinding media steel balls
About Goldpro
Goldpro New Materials Co., Ltd. operates as a specialized manufacturer of wear-resistant grinding materials, primarily serving the mining industry. Established in June 2010 and located in Hebei Province, China, the company has positioned itself as a key supplier for grinding processes in mining, thermal power, and construction materials sectors. The business model is centered on the research, development, manufacturing, and sale of its core products to a global client base, with a significant portion of its sales revenue generated from international markets.
The company's history began with its establishment in mid-2010, followed by the acquisition of land and the start of construction in August of the same year. A pivotal moment occurred in 2011 when Goldpro formed a collaborative relationship with the Beijing University of Science and Technology, setting a precedent for its strong focus on research and development. This emphasis is further demonstrated by its numerous technical patents and partnerships with several universities and academicians. The company manufactures and supplies a range of grinding media, including forged and rolled steel balls, grinding cylpebs, and grinding rods. These products are critical components for ball mills and semi-autogenous grinding (SAG) mills used to pulverize materials. Goldpro has an annual production capacity of 250,000 tons and is noted for being a research and development base for large-diameter SAG mill steel balls in China.
Clients of Goldpro are industrial operations that require robust and efficient grinding of materials. The company's products are designed to offer low breakage rates, stability, and low wear, addressing key operational concerns for its customers. Revenue is generated through the direct sale of these manufactured goods. Goldpro has gained recognition within China as a national high-tech enterprise and a "Little Giant" for its specialization and innovation in its field.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Nov 2017 | $23M | $91M | Yingke Capital | — |
Growth signals
Goldpro's team grew 16.7% over the past year.
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Investments and acquisitions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Yingke Capital
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Global footprint
team presence
Market sentiment
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