# Nanjing Jiuzhou Star New Material

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nanjing-jiuzhou-star-new-material

- Industry: Materials
- Headquarters: Nanjing, China
- Website: www.xingi.com
- Latest round: Series A (Sep 8, 2025)
- Investors on record: 11

## About

Founded in 2022 and based in Nanjing, China, Nanjing Jiuzhou Xingji New Materials Co., Ltd. dba XingGi Tech or Nanjing Jiuzhou Star New Material is a new material company that engages in the research and development of ultra-high molecular weight polyethylene (UHMWPE) fibers and composite materials. In December 2025, Nanjing Jiuzhou Star New Material raised nearly CNY 1 billion in Strategic funding co-led by returning investor CNBM Investment and new investor IDG Capital, with participation from new investor State Ventures Innovation Investment.

Nanjing Jiuzhou Star New Material provides specialized ultra-high molecular weight polyethylene fibers production and comprehensive application solutions. The company generates revenue through the manufacturing and sales of ultra-high molecular weight polyethylene fibers, composite materials and other related products.

The funding raised in September 2025 will be used to support the company's continued technological development and expansion of its industrial footprint.

## Funding rounds

- Series A, Sep 8, 2025 — China Reform Holdings, CNBM Investment
- Series A, Mar 13, 2024 — Boyu Capital, Shanghai Sci-Tech Innovation Center Capital, Hengxu Capital, Shang Qi Capital, Fortera Capital
- Angel, Mar 13, 2023 — Fosun Capital, Addor Capital, Shanghai YiDe Assets Management, Ruixia Investment

## Investors

- Fosun Capital (https://capitalatlas.ai/funds/fosun-capital) — Angel
- Addor Capital (https://capitalatlas.ai/funds/addor-capital) — Angel
- Shanghai YiDe Assets Management — Angel
- Ruixia Investment (https://capitalatlas.ai/funds/ruixia-investment) — Angel
- Boyu Capital (https://capitalatlas.ai/funds/boyu-capital) — Series A
- Shanghai Sci-Tech Innovation Center Capital (https://capitalatlas.ai/funds/shanghai-sci-tech-innovation-center-capital) — Series A
- Hengxu Capital (https://capitalatlas.ai/funds/hengxu-capital) — Series A
- Shang Qi Capital (https://capitalatlas.ai/funds/shang-qi-capital) — Series A
- Fortera Capital (https://capitalatlas.ai/funds/fortera-capital) — Series A
- China Reform Holdings (https://capitalatlas.ai/funds/china-reform-holdings) — Series A
- CNBM Investment — Series A