# Hongyang Shiying

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hongyang-shiying

- Industry: Materials
- Headquarters: Lianyungang, China
- Website: www.quartzhy.com
- Total disclosed funding: $14M
- Latest round: Series B (Dec 11, 2023)
- Investors on record: 1

## About

Founded in 2004 and based in Lianyungang, China, Hongyang Shiying is a material research and development company that focuses on producing quartz products. It covers a total area of 460 acres, with more than 700 employees. The company acquired recognitions such as the National High-Tech Enterprise. The company has 4 R&D centers and workstations, with 52 patents. In December 2023, Hongyang Shiying closed approximately CNY 100 million in series B funding.

Hongyang Shiying's business is the research and development, production, and sales of quartz materials. Its products include quartz sand, light source quartz materials, photovoltaic semiconductor quartz master batch and devices, and laser materials. The products are used in photovoltaic, semiconductor, optical communication, and optical fields.

The company will use the funding for the enhancement of its business capabilities and marketing efforts in pan-semiconductor materials.

## Funding rounds

- Series B, Dec 11, 2023, $14M — MultiGo Capital

## Investors

- MultiGo Capital (https://capitalatlas.ai/funds/multigo-capital) — Series B