# Xi'an Manareco New Materials Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xi-an-manareco-new-materials-co

- Industry: Materials
- Headquarters: Xi'an, China
- Website: www.xarlm.com
- Latest round: Series C (Mar 10, 2014)
- Investors on record: 3

## About

Established in 1999 and based in Xi'an, China, Xi'an Manareco New Materials Co., Ltd. is a materials company that provides customers with organic materials. The subsidiaries include Manareco Japan, Weinan Hign-Tech New Electronic Chemical Industry, etc. The company has established partnerships with Idemitsu, Dupont, Merck, and other OLED material manufacturers. In 2016, it was listed on the New Third Board with stock code 688550. As of 2024, the team has more than 400 R&D and testing staff. In May 2024, Kaitou Group invested CNY 815 million in the company.

Xi'an Manareco New Materials Co., Ltd. specializes in developing organic materials. The products can be categorized into monolithic liquid crystals, OLED materials, and innovative pharmaceutical intermediates, which are used in the production of OLED terminal materials, mixed liquid crystals, and active pharmaceutical ingredients. Its products are exported to nearly ten countries and regions, such as the Americas, Europe and East Asia.

The company generates revenue by selling liquid crystal materials, OLED materials, pharmaceutical intermediates and other fine chemicals.

The company will focus on the OLED pre-sublimation materials and high-end fine chemicals industrial base project.

## Funding rounds

- Series C, Mar 10, 2014 — Haitong Innovation Capital Management
- Angel, Nov 23, 2011 — Oriental Fortune Capital, Pivot Capital

## Investors

- Oriental Fortune Capital (https://capitalatlas.ai/funds/oriental-fortune-capital) — Angel
- Pivot Capital (https://capitalatlas.ai/funds/pivot-capital) — Angel
- Haitong Innovation Capital Management (https://capitalatlas.ai/funds/haitong-innovation-capital-management) — Series C