09/18
2025
Kingwills Secures Hundreds of Millions of RMB in Series C Funding
09/18
Kingwills Advanced Materials Co., Ltd. ("Kingwills"), a portfolio company of Asia Green Fund, announced today the successful completion of its Series C funding round, raising hundreds of millions of yuan. The round was led by Yuanhe Puhua Capital, with sustained investment from multiple strategic industrial partners.
The proceeds will be strategically allocated to accelerate R&D of next-generation Hypak™ advanced materials, scale up production capacities, and strengthen industrial ecosystem development. This financing will further cement Kingwills' global leadership position in the high-end specialty materials market.
Founder and CEO Chen Boyi stated, “The Series C round marks a key milestone in our growth. Moving forward, we will focus on three strategic priorities: pushing the boundaries of materials science to make China’s original technologies a foundational engine for global industrial progress; building a zero-carbon material ecosystem that supports sustainable development; and strengthening a secure, self-reliant supply chain to protect critical global industrial infrastructure.”
The proceeds will be strategically allocated to accelerate R&D of next-generation Hypak™ advanced materials, scale up production capacities, and strengthen industrial ecosystem development. This financing will further cement Kingwills' global leadership position in the high-end specialty materials market.
Founder and CEO Chen Boyi stated, “The Series C round marks a key milestone in our growth. Moving forward, we will focus on three strategic priorities: pushing the boundaries of materials science to make China’s original technologies a foundational engine for global industrial progress; building a zero-carbon material ecosystem that supports sustainable development; and strengthening a secure, self-reliant supply chain to protect critical global industrial infrastructure.”