Pioneer Films Completes Series B Financing

Pioneer Thin Film Materials Co., Ltd. is a subsidiary of Pioneer Group, dedicated to R&D, production, sales and recycling of sputtering targets and evaporation materials for vacuum coating. The product series includes targets, ingots, granules and powders made of high-purity metals, alloys, precious metals and ceramic materials, which are widely used in display, photovoltaic, semiconductor, precision optics, data storage and glass and other fields. Recently, Pioneer Films completed the B round of financing. This round of financing was led by funds under the CICC Capital Management Department; CNBM New Materials Fund, CLP Fund, China Sinochem High-tech Industry Fund, CSSC Marine Fund, Minmetals Venture Capital, SK China, SDIC Chuanghe, Oriental Three Gorges, Greater Bay Area Fund, China Merchants Zhiyuan, Huafa Group, Gree Group, Haier Huizhi, Morgan Stanley China Equity Investment, Industrial Bank Group, Cinda Kunpeng, etc. participated in the investment, financing scale As high as 4.5 billion yuan, setting a financing record in the field of scattered metal materials.

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