36氪 was informed that Suzhou Guoxin Tongchuang Glass Technology Co., Ltd. (hereinafter referred to as “Guoxin Tongchuang”), a R&D and manufacturer of new electronic glass, announced that it has recently completed an angel round of financing of over 10 million yuan. This round of financing was funded by Suzhou Industrial Park. Exclusive investment by industry funds. Guoxin Tongchuang said that after this round of financing, it will build a mechanized production line to further expand its market share.
Guoxin Tongchuang focuses on the research and development and production of green and environmentally friendly new electronic glass. As one of the few enterprises in China that has truly mastered the core technology of electronic glass, it can not only produce electronic glass products, but also the performance and quality of products have reached or exceeded. The level of foreign products of the same type.
In addition, Guoxin Tongchuang’s electronic glass products are superior to foreign companies in terms of green environmental protection of products and production processes, and the new green electronic glass invented by Guoxin has fundamentally solved the high energy consumption, High pollution and other problems, the products it produces have achieved domestic substitution.
“Although Guoxin Tongchuang has not been established for a long time, the company’s chief scientist and core team have been engaged in the research and development and production of electronic glass for more than 50 years. Before that, a number of products have broken the technological monopoly of European and American companies in electronic glass and achieved It has been replaced by domestic products.” Wang Xiaozhong, founder and CEO of Guoxin Tongchuang, told 36氪: “The photomultiplier glass invented before now occupies 97% of the global market, and the UV-transparent glass produced by this financing is of high quality and performance. It has reached the level of foreign products of the same type, and at the same time, the products do not contain harmful substances such as lead, which do not pollute the environment and are green and environmentally friendly. At present, all products are exported to the European and American markets, attracting the attention of many UV lamp companies. The revenue is expected in 2023. It will reach 60 million yuan.”
Electronic glass refers to a high-tech glass material with special functions such as optoelectronics and magnetoelectricity, and is widely used in the fields of photonics, electronics and optoelectronics. It provides key basic materials for the computer, Internet, home appliances, electronic components and other industries, and is the upstream enterprise of these industries. According to industry data, the scale of China’s electronic glass market will reach 107.7 billion yuan in 2020, but more than 80% of the market is monopolized by foreign companies, mainly by Corning in the United States and Schott in Germany.
Electronic glass is the foundation of the electronic industry, but China’s electronic glass industry has been monopolized by European and American companies for a long time. More than 90% of electronic glass varieties in China cannot be produced by themselves. This situation has seriously threatened the security of China’s electronic industry. The country has listed electronic glass as a national strategic industrial layout, and it is necessary to realize domestic substitution. Among the four innovation centers in China’s manufacturing industry announced by the Ministry of Industry and Information Technology in November 2021, electronic glass and medicinal glass are the second-ranked innovation centers.
Wang Xiaozhong further introduced: Up to now, the company has developed 5 series of new electronic glass products, and has obtained one invention patent authorization, one invention patent has been announced, and it is expected to apply for 6-7 invention patents in the next three years. . The company plans to start Series A financing in 2023 to further expand production capacity and market share.
Guoxin Tongchuang was established in January 2020. The founder and CEO Wang Xiaozhong has more than 25 years of experience in high-tech enterprise management; the chief scientist Wang Yingmin has been engaged in the research and development and production of electronic glass for more than 50 years, and has invented dozens of electronic glass products. In addition to the nuclear industry, he also invented the picture tube of China’s first color TV, the micro-channel glass required by China’s military night vision devices, and the Chinese Institute of High Energy Physics. Lithium-ion scintillator glass required; Yuan Zhentao, the director of the factory, has been engaged in glass machine pipe drawing for more than 30 years, and has served as manager and chief engineer in many well-known domestic enterprises. The team is composed of senior experts in their respective fields with complementary advantages. Wang Xiaozhong said: the next step will be to establish its own R&D center to further recruit talents and enhance its own technical strength and R&D capabilities.
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