Puxijing completed a strategic financing of nearly 100 million yuan and launched a new growth cycle.

Recently, Puxijing New Energy Materials (Shanghai) Co., Ltd. (hereinafter referred to as "Puxijing") announced the completion of a new round of strategic financing of nearly 100 million yuan. The investor in this round is Jincheng Huili Low - Carbon New Energy (Anhui) Equity Investment Fund Partnership (Limited Partnership) (hereinafter referred to as "Jincheng Huili Low - Carbon New Energy Fund"). Against the backdrop of the current macro - environment and the intensifying differentiation in the new materials track, Puxijing has once again received additional investment from institutions, reflecting the continuous recognition of its technological strength, industrialization capabilities, and long - term growth potential by the capital market.

A relevant person in charge of Jincheng Huili Low - Carbon New Energy Fund said: "We are optimistic about the underlying technology platform and clear industrialization path that Puxijing has built in the field of ultra - high - purity polymers. Its products have been stably applied in high - barrier scenarios such as special materials for lithium - battery separators, and it has the potential to grow into a global materials enterprise."

Production Commencement: Entering the Ranks of Global Core Suppliers of Ultra - High - Purity Polymers

On October 28, 2025, Puxijing's ultra - high - purity high - molecular - weight polyethylene project located in the Shanghai Chemical Industry Park was officially put into production. With the smooth ramp - up of the production line, the company has fully entered the "stable operation period" from the "construction period" and has become one of the most important global suppliers of ultra - high - purity high - molecular - weight polyethylene.

Currently, the Shanghai plant is operating stably. The core products can match those of international leading manufacturers in key indicators such as purity level, control of metallic foreign objects, consistency, and reliability, and can meet the application scenarios with extremely high requirements for material purity, such as lithium - battery separators, high - end filter materials for semiconductor chips, and biomedical materials.

In the context where the global high - end polymer materials market has long been dominated by a few international enterprises, Puxijing's stable mass production and large - scale delivery mark a substantial breakthrough of domestic ultra - high - purity polymers in high - barrier fields.

Continuous Capital Injections: The Company Enters the Acceleration Channel

By the end of June 2025, the company had completed a Series B+ financing of 500 million yuan; previously, it had also completed a Series B financing of hundreds of millions of yuan. Receiving multiple rounds of high - quality capital support in a short period fully reflects the high - level consensus of the capital market on its integrated capabilities in "technology - manufacturing - application".

With the completion of the new round of financing, Puxijing said that the company has officially launched the IPO process planning. In the future, while continuously consolidating its main business, the company will further improve its governance structure, strengthen the compliance and information disclosure systems, and make systematic preparations for entering the capital market.

Adapting to the "Incremental Market": Anchoring the Long - Term Growth Direction in the Domestic - Demand - Driven Market

From a macro perspective, the current economic policies emphasize adhering to domestic - demand leadership and building a strong domestic market, which has become an important strategic support for enhancing economic resilience and stabilizing medium - and long - term growth. The policy orientation integrates consumption and investment into the domestic - demand framework, and continuously releases the incremental space for economic growth by optimizing the supply structure and cultivating new demands.

Against this background, the focus of boosting consumption is shifting from scale expansion to high - quality supply creation. Around new directions such as the first - launch economy, "artificial intelligence + consumption", and the silver - haired economy, a series of policies to promote the implementation of new scenarios and models are being accelerated, promoting a virtuous cycle between demand - side upgrading and supply - side innovation.

For Puxijing, this policy environment is highly consistent with the company's future strategy. In the future, on the premise of adhering to the core track of ultra - high - purity polymer materials, the company will continuously expand the application boundaries in the fields of energy, artificial intelligence, and biomedicine.

In the energy field, the demand for high - purity and highly consistent materials in scenarios such as lithium - battery and energy storage continues to grow;

In the fields related to artificial intelligence and embodied intelligence, high - end functional materials are becoming an important foundation for supporting the new hardware system;

In the biomedical field, the space for domestic substitution of materials with higher requirements for biocompatibility and long - term stability is being accelerated.

By continuously strengthening its material platform capabilities, Puxijing hopes to, in the "incremental market", based on Chinese manufacturing and the Chinese market, not only participate in the growth of demand but also participate in the formation process of new demands, and become a reliable provider of key materials in the upgrading of downstream industries.

Zhang Wenlong, the chairman of Puxijing, said: "We always believe that truly sustainable growth comes from the incremental market. The company will firmly focus on the long - term track of ultra - high - purity polymer materials, serve the country's domestic - demand system and the development of emerging industries, continuously improve its technological depth and global competitiveness, and strive to become a leader in the global ultra - high - purity high - molecular - weight polymer field."

A relevant person in charge of Jincheng Huili Low - Carbon New Energy Fund said: "Under the guidance of the dual - carbon goal and the wave of high - end manufacturing upgrading, ultra - high - purity polymer materials are the core cornerstone of strategic fields such as new energy and semiconductors, and their domestic self - controllability is crucial. Relying on the profound industry experience of the founding team, Puxijing has overcome key technologies such as catalysts and polymerization processes, quickly completed the verification of core technologies, the establishment of product portfolios, and the layout of large - scale production capacity, filling the gaps in the domestic industrial chain. The commissioning of projects in Shanghai, Zhoushan and other places will further enhance the domestic supply capacity. The Jincheng Huili Low - Carbon New Energy Fund, located in Xuancheng City, Anhui Province, has been deeply involved in the low - carbon new energy track. It highly recognizes Puxijing's technology, industrialization capabilities, and development potential, and firmly believes that Puxijing is expected to grow into a leading enterprise in the global high - end polymer field. In the future, it will rely on its advantages in industrial resources and application - scenario docking to assist the company in capacity expansion and R & D, promote Chinese high - end polymer materials to seize the core position in the global market, and jointly write a new chapter in domestic substitution and industrial upgrading."