Yantai Minshida Advanced Manufacturing Co., Ltd. announced that it has received CNY 24.5 million in funding from Tayho Advanced Materials Group Co., Ltd., Yantai Zhigu Wuhao Enterprise Management Partnership (Limited Partnership).
September 03, 2023
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Yantai Minshida Advanced Manufacturing Co., Ltd. announced that it has raised CNY 24.5 million in a round of funding on September 4, 2023. The transaction included participation from new investors, Tayho Advanced Materials Group Co., Ltd. and Yantai Zhigu Wuhao Enterprise Management Partnership (Limited Partnership).
Tayho Advanced Materials Group Co Ltd, formerly Yantai Tayho Advanced Materials Co Ltd, is a China-based company, principally engaged in the manufacture and distribution of high-performance fibers. Its products include spandex fiber products under the brand name New Star, which are applied in the production of apparels, sports suits, swimming suits, underwear, medical products and automobile internal decorations; meta-aramid fiber products under the brand name Tametar, which are applied in personal protection, environmental protection, industrial felt and other areas, as well as para-aramid fiber products under the brand name Taparan, which are applied in the manufacture of sports devices, reinforcing materials, friction and sealing materials, composite materials, as well as protection materials, among others. The Company distributes its products within domestic and overseas markets.
Yantai Minshida Advanced Manufacturing Co., Ltd. announced that it has received CNY 24.5 million in funding from Tayho Advanced Materials Group Co., Ltd., Yantai Zhigu Wuhao Enterprise Management Partnership (Limited Partnership).
TAYHO ADVANCED MATERIALS GROUP CO., LTD. 
