Hangzhou Winken New Material Technology

Hangzhou Winken New Material Technology

Produces fibrous section slices, engiengineering-gradestic slices, and thin-film section slices.

HQ location
Hangzhou, China
Launch date
Enterprise value
$110—165m
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Hangzhou Winken New Material Technology Co., Ltd., which also operates as Vulcan Technology, is a high-tech enterprise established on January 15, 2017. The company is a key player in the manufacturing of new carbon fiber materials and their composites. Led by legal representative and major shareholder Tang Bo, the company has successfully navigated multiple funding rounds, reaching the D+ round by August 2023. This financial backing comes from a diverse group of investors, including Orient Securities Capital Investment, Luxin Venture Capital, and the National Small and Medium Enterprise Development Fund, among others. A significant milestone was achieved in September 2024, when the company was recognized as a national-level "little giant" for its specialization, refinement, and innovation, a title awarded to industry leaders with strong innovation capabilities and key core technologies.

The company's business is centered on the research, development, production, and sales of high-end thermal field materials, high-purity graphite, and new carbon materials. Its operations are headquartered in the Qiantang District of Hangzhou, with a national layout that includes five R&D centers and four production bases across various provinces. Winken New Material serves a B2B market, providing critical components for a range of high-tech industries. Its client base operates in sectors such as semiconductor manufacturing (for both silicon and SiC wafers), photovoltaics, optical communications, and high-end industrial furnaces. The business model involves manufacturing and selling specialized material products, offering complete solutions and technical services for thermal field applications.

Winken New Material's product portfolio is highly specialized. A core offering is carbon fiber thermal field materials, which includes carbon fiber soft felt produced using a unique air-laid technique for high purity and thermal insulation. They also produce carbon-carbon (C/C) composite structural materials, which are lightweight, heat-resistant, and suitable for high-temperature furnace environments. Another key product category is high-purity graphite, purified to below 5ppm, and various graphite components like heaters and tubes for industries such as photovoltaics and optical communication. The company also provides Sic coating products and other carbon-based composites, positioning itself as a comprehensive material supplier for advanced manufacturing processes.

Keywords: carbon fiber, high-purity graphite, thermal field materials, semiconductor materials, composite materials, photovoltaics, industrial furnaces, C/C composites, advanced manufacturing, material science

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