Yida Capital has completed its investment in Shandong Qifu New Materials Co., Ltd. (hereinafter referred to as “Qifu New Materials”)

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Recently, Yida Capital completed its investment in Shandong Qifu New Materials Co., Ltd. (hereinafter referred to as “Qifu New Materials”). The funds raised this time will be used to boost the production capacity and advance technological research and development in the company’s high-end fluorine-containing materials. The investment team at Yida Capital stated that achieving self-sufficiency in high-end fluorinated new materials is a crucial factor in ensuring the security of strategic industries such as semiconductors and new energy sectors; these materials feature both high technical barriers and high market value. The Qifu New Materials team combines a strong academic background with extensive industrialization experience; it has a deep understanding of the industry’s challenges and technical approaches, making it a rare and valuable force in this field in China. We highly appreciate the team’s pragmatic and dedicated entrepreneurial spirit, and we are optimistic about the company’s great potential in the process of localizing the production of key materials. Yida Capital will make full use of its advantages in industrial ecosystem resources within the field of advanced technology, providing strong support to Qifu New Materials in accelerating capacity expansion and acquiring key customers, thereby working together to promote the high-quality development of China’s high-end fluorine chemical industry. Qifuxin New Materials was established in 2022; its core team consists of top-tier professionals with extensive experience in the field of fluorine chemicals in China, who have been dedicated to the research and development as well as application of high-end fluorine-containing materials for a long time. The company is committed to breaking through the foreign technological blockades in the field of ultra-pure fluorine-containing materials, and its products can be widely applied in strategic emerging industries such as semiconductors, new energy, and communications. As a key upstream component in advanced manufacturing, fluorine-containing new materials, thanks to their excellent properties and high technical barriers, are important materials that enable self-sufficiency in industries such as chip manufacturing, 5G infrastructure, and lithium batteries. Among them, the ultra-pure fluorine materials required for semiconductor manufacturing have long relied on imports, representing a weak link in China’s supply chain; there is substantial market potential, and there is an urgent need for domestic substitution.