# Beijing Tongyizhong New Material Technology Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-tongyizhong-new-material-technology

- Industry: Materials
- Headquarters: Beijing, China
- Website: www.bjtyz.com
- Latest round: Series A (Dec 13, 2019)
- Investors on record: 6

## About

Based in Beijing, China, and established in 1999, Beijing Tongyizhong New Material Technology Corporation is national high-tech enterprise specializing in the research, development, production and sales of ultra-high molecular weight polyethylene fibers and composite materials. It is affiliated to the State Development and Investment Corporation (SDIC) and is a subsidiary of SDIC International Trading Co., Ltd. At present, BJTYZ employs nearly 700 people. It awarded as Beijing Experts Work Station, Beijing Enterprise Technology Center and Beijing Patent Demonstration Unit.

The company provides fiber, fabric, protection products. Fiber products include HMPE fiber for rope, gloves, ballistic, cut-resistant, fish line, and etc. Fabric products include soft ballistic, hard ballistic, cut-resistant fabric, stab-resistant fabric. Protection products include ballistic helmet, ballistic plate, vehicle armor, explosion-proof blanket, body armor, and etc.

The company plans to invest in the project of the annual output of 4,060 tons high molecular weight polyethylene fiber industrialization, and bulletproof non-weft fabric and system product industrialization, and develop the technology of high performance fiber and first advanced composite.

## Funding rounds

- Series A, Dec 13, 2019 — State Development and Investment Corporation, New Alliance Capital, Zhong He Sheng Capital Management, Kunshan Huihua, Beijing Financial Street Capital Operation Group, Zhongqi  Capital

## Investors

- State Development and Investment Corporation (https://capitalatlas.ai/funds/state-development-and-investment-corporation) — Series A
- New Alliance Capital (https://capitalatlas.ai/funds/new-alliance-capital) — Series A
- Zhong He Sheng Capital Management (https://capitalatlas.ai/funds/zhong-he-sheng-capital-management) — Series A
- Kunshan Huihua (https://capitalatlas.ai/funds/kunshan-huihua) — Series A
- Beijing Financial Street Capital Operation Group — Series A
- Zhongqi  Capital (https://capitalatlas.ai/funds/zhongqi-capital) — Series A