# Suzhou Xinguangyi Electronics Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/suzhou-xinguangyi-electronics-co

- Industry: Materials
- Headquarters: Suzhou, China
- Website: www.xgydz.com
- Total disclosed funding: $29M
- Latest round: Series A (Dec 12, 2022)
- Investors on record: 6

## About

Based in Suzhou, China and founded in 2004, Suzhou Xinguangyi Electronics Co., Ltd provides specialized functional materials for the industrial sector. The company develops specialized adhesive films used in devices for clients such as Apple and BYD. In December 2025, the company raised CNY 805.18 million in an IPO at Shenzhen Stock Exchange, under the ticker "301687".

The company works with enterprise manufacturers to provide specialized functional materials and electronic components. Its product portfolio includes anti-overflow glue special films, high tolerance special films and lithium battery materials.

The company’s revenue is generated by the sale of functional materials and electronic components to original equipment manufacturers.

The company plans to expand its production of lithium battery materials and advanced functional films. It aims to increase its technical competitiveness and broaden its market presence within the new energy vehicle and energy storage industries.

## Funding rounds

- Series A, Dec 12, 2022, $29M — BYD Company Limited, Shenzhen Chuangqi Kaiying Business Services, Suzhou Shihu Asset Management, Wuzhong Financial Holdings Capital, Wanxiang One Two Three Co., Ltd., Jingcong Haorui Investment Management

## Investors

- BYD Company Limited — Series A
- Shenzhen Chuangqi Kaiying Business Services — Series A
- Suzhou Shihu Asset Management (https://capitalatlas.ai/funds/suzhou-shihu-asset-management) — Series A
- Wuzhong Financial Holdings Capital (https://capitalatlas.ai/funds/wuzhong-financial-holdings-capital) — Series A
- Wanxiang One Two Three Co., Ltd. — Series A
- Jingcong Haorui Investment Management — Series A