COMPANY PROFILE

Ninghai Hongde New Material Technology

Continuous fibre-reinforced thermoplastic composites and self-lubricating wear materials for automotive lightweighting and new energy applications

ChinaFounded 2017

Valuation $50–100M Last recorded · 2026

Total funding $10–50M Disclosed equity funding

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About Ninghai Hongde New Material Technology

Ninghai Hongde New Material Technology is a Chinese manufacturer founded in 2017 that develops continuous fibre-reinforced thermoplastic composites and self-lubricating wear-resistant materials. Its products are used to lightweight automotive body, powertrain and steering systems, and thereby reduce vehicle energy consumption and emissions; the same materials extend to energy storage and photovoltaic applications. The company also makes maintenance-free linings, gears and rollers for construction machinery, automotive, rail, marine engineering and hydraulic applications. It sells to automotive manufacturers and new energy companies in China and operates production bases in Ninghai and Deqing (Zhejiang) and Changde (Hunan), positioning itself as a one-stop solution provider that covers structural design, process, mould design and batch production of thermoplastic composite parts.

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At a glance

Status: Operational
Founded: 2017
Headquarters: China
Open positions: None listed
Dealroom signal: 0.0/100

Knowledge graph

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES A✓Equity / VC	Aug 2026	$14M	$55M	Wuxing Industrial Investment Group · Shenzhen Leaguer Venture Capital · Pufeng Venture Capital · Haibang Capital	↗
SEED✓Equity / VC	Oct 2023	$2.8M	$11M	Shenzhen Gaoxin Investment · Decent Capital · Fortune Venture · Shenzhen Leaguer Venture Capital	↗

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

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Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

SIShenzhen Gaoxin Investment
DCDecent Capital
FVFortune Venture
SCShenzhen Leaguer Venture Capital

Series A4 investors entered at this stage

WGWuxing Industrial Investment Group
PCPufeng Venture Capital
HCHaibang Capital
HFHaichuang Funds of Funds

Talent

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Founders /100 quality score

Key operators quality score

Potential founders likely future founders

Startup mafia alumni-founded startups

Talent movements in · out past 12 months

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Global footprint

Workforce and web traffic by country

Workforce by country

🇨🇳 China HQ

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Market sentiment

Posts on X, past 7 days

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