# Xi’an Gangyan Special Alloy Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xi-an-gangyan-special-alloy-co

- Industry: Materials
- Headquarters: Xi'an, China
- Website: www.xagyalloy.com
- Total disclosed funding: $19M
- Latest round: Series B (Mar 28, 2022)
- Investors on record: 7

## About

Established in 1993 and based in Xi'an, China, Xi An Gangyan Special Alloy Co., Ltd. operates as a material manufacturer specializing in the production and sale of alloy materials. It passed the ISO9001-2000 quality system certification in June 2005. In April 2016, it was listed on the New Third Board with stock code 836660. As of 2023, XAGY has more than 280 employees, of which more than 30% are technical talents and 51 have senior technical titles. In April 2023, it raised CNY 490 million in strategic investment funding.

The company is engaged in the research and development, production, and sales of precision alloys, military stainless steel, and high-temperature alloys, with an annual production capacity of 1000 tons. The self-developed products include soft magnetic alloys, deformed permanent magnetic alloys, elastic alloys, expansion alloys, precision electrothermal (resistance) alloys, solution-strengthened iron-based alloys, age-hardened iron-based alloys, solution-strengthened nickel-based alloys, age-hardened nickel-based alloys, national military standard stainless steels, heat-resistant steels, and non-magnetic stainless steels. The products are used in the field of aerospace, nuclear power, solar power, and petrochemical.

## Funding rounds

- Series B, Mar 28, 2022, $19M — Guosen Securities Co., Ltd, Shanxi Growth Enterprise Leading Fund, Kaiyuan Securities, Cloud Capital, Aviation City Capital, Anhui Tatfook Technology Co.,Ltd, Beijing Jingsentai Electronic Technology Co., Ltd.

## Investors

- Guosen Securities Co., Ltd — Series B
- Shanxi Growth Enterprise Leading Fund (https://capitalatlas.ai/funds/shanxi-growth-enterprise-leading-fund) — Series B
- Kaiyuan Securities — Series B
- Cloud Capital — Series B
- Aviation City Capital (https://capitalatlas.ai/funds/aviation-city-capital) — Series B
- Anhui Tatfook Technology Co.,Ltd — Series B
- Beijing Jingsentai Electronic Technology Co., Ltd. — Series B