# Zhongxi New Materials

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zhongxi-new-materials

- Industry: Materials
- Headquarters: Anqing, China
- Website: www.ahzxxcl.com
- Total disclosed funding: $14M
- Latest round: Series A (Sep 5, 2024)
- Investors on record: 2

## About

Based in Anqing, China and founded in 2014, Zhongxi New Materials (Anhui) Co., Ltd., dba Zhongxi New Material, focuses on manufacturing UHMWPE and has engaged in five notable deals since its inception. Based in Anqing, China and founded in 2014, Zhongxi New Materials (Anhui) Co., Ltd., dba Zhongxi New Material, focuses on manufacturing UHMWPE and has engaged in five notable deals since its inception. In July 2025, Zhongxi New Materials closed a venture funding from new investor ZJVC Venture Capital. The firm specializes in producing ultra-high molecular weight polyethylene (UHMWPE), recognized for its wear resistance, low friction, and high impact strength. This thermoplastic is utilized in manufacturing components for automotive, medical, and industrial machinery. They employ a continuous production process developed with Beijing University of Chemical Technology to enhance efficiency and quality. The company serves a diverse customer base across Asia, Europe, and North America, focusing on sectors that require advanced chemical materials.
In July 2025, Zhongxi New Materials closed a venture funding from new investor ZJVC Venture Capital.

## Funding rounds

- Series A, Sep 5, 2024, $14M — CRRC Guochuang Capital Management, Zhejiang Yunzhongma

## Investors

- CRRC Guochuang Capital Management (https://capitalatlas.ai/funds/crrc-guochuang-capital-management) — Series A
- Zhejiang Yunzhongma — Series A