Private Market View

Hechen New Material

Maanshan, China · Founded 2016 · Privately Held (backing)

Last price · $/share
Implied valuation
Total raised
$28.4M
Last round

Key facts

  • It has raised $28.4M; the latest was Later Stage VC ($14.0M) in Oct 2025.
  • Notable investors include Shenzhen Capital Group, Oriental Fortune Capital, Guotai Junan Innovation Investment, CRRC Capital Holding, Jinyuan Group8 tracked in total.
  • Status: Privately Held (backing).
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Funding rounds

No rounds on record

No funding rounds for Hechen New Material are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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About Hechen New Material

Developer and producer of new display and semiconductor materials designed to be used in display panel processing and absorption pads. The company's materials include new display adsorption pads, polishing pads, photomask mask substrates, and CMP polishing materials for semiconductors, enabling domestic customers to reduce production costs.

Sector
Materials and Resources
HQ
Maanshan, China
Founded
2016
Employees
65
Ownership
Privately Held (backing)
PA Mark — not yet priced

Hechen New Material doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.

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Recorded secondary trades

No prints on record

No secondary trades in Hechen New Material shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.

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Institutional fund marks

No fund marks yet

No SEC-registered fund has reported a fair-value mark on Hechen New Material in its N-PORT filings yet. We sweep new filings monthly.

Pro members can request priority coverage with a 48-hour turnaround.