# Jiangsu Hengshen Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jiangsu-hengshen-co

- Industry: Materials
- Headquarters: Zhenjiang, China
- Website: www.hscarbonfibre.com
- Total disclosed funding: $20M
- Latest round: Series B (Apr 28, 2015)
- Investors on record: 1

## About

Founded in 2007 and based in Nanjing, China, Jiangsu Hengshen Co., Ltd. operates as a material manufacturing company that focuses on the production and sales of carbon fiber and related composite materials. It is subordinate to Shaanxi Coal Industry and Chemical Industry Group. The company has R&D technology centers in Jiangsu, Europe and Australia as well as a branch office. Jing Qian, the chairman of the company, graduated from the University of Liverpool, UK. In 2015, the company was listed on the New Third Board. In March 2019, Jiangsu Hengshen Co., Ltd. raised a strategic investment for CNY 2.560 billion.

Jiangsu Hengshen Co., Ltd. is mainly engaged in the production of carbon fiber and its composite materials. The products include raw silk, carbon fiber, sizing agent, fabric, liquid resin, adhesive, carbon fiber composite parts, aviation composite structural parts. The High Strength Carbon Fibers are divided into HF20 series (T300 grade), HF30 series (T700 grade), HF40 series, etc. Products can be applied in aerospace, civil aviation, new energy, rail transportation, marine engineering, construction machinery, sports and leisure and other fields.

The company generates revenue by selling carbon fiber and its composite materials.

## Funding rounds

- Series B, Apr 28, 2015, $13M — Sharewin Investment
- Series A, Mar 1, 2009, $7.3M — Sharewin Investment

## Investors

- Sharewin Investment (https://capitalatlas.ai/funds/sharewin-investment) — Series A, Series B