Core Insights - Beijing Longbo Hengyuan New Material Technology Co., Ltd. (Longbo New Material) has completed a new round of equity financing, led by Nianqing Venture Capital, which will strengthen the company's position in the new generation of national defense materials [1][7] - The funds will be used to enhance working capital, invest in new production line equipment, and attract top talent to improve core team capabilities in R&D, engineering, and marketing [1][6] Company Overview - Longbo New Material specializes in the R&D, production, and application of special functional coatings and metamaterials, focusing on key technologies such as radar wave absorption, thermal barrier protection, and electromagnetic shielding [2][6] - The company has achieved significant results in reducing radar cross-section (RCS) and enhancing protection capabilities, with several products replacing imports and filling domestic gaps [2][4] Product Portfolio - Longbo New Material has developed a comprehensive coating product system that includes: - A series functional coatings suitable for long-term operation at 150°C, featuring flexibility and corrosion resistance [4] - B series low-emission coatings for aircraft components, also rated for 150°C [4] - C series special functional coatings with a temperature resistance of up to 300°C [4] - D series low-emission coatings for medium temperature components, rated for 300°C [4] - High-temperature infrared custom services with coatings that can withstand up to 1100°C [4] Technological Advancements - The company has made significant progress in thermal spray coating technology, utilizing advanced Atmospheric Plasma Spraying (APS) techniques for surface reinforcement and repair in critical components [5] - Longbo New Material offers various coating types, including wear-resistant, high-temperature oxidation-resistant, thermal corrosion-resistant, conductive/insulating, and dimensional restoration coatings, meeting the stringent performance requirements of high-performance equipment in extreme environments [5][6] Market Expansion - Longbo New Material is actively expanding its application scenarios in military-civilian integration, demonstrating strong potential in civil markets such as renewable energy, marine engineering, and rail transportation [6] - The company aims to increase R&D investment and deepen technological accumulation to promote the application of special functional coatings in broader fields, supporting the advancement of China's high-end manufacturing [6][7] Future Outlook - Longbo New Material is entering a rapid development phase by 2025, with its self-developed special functional coating technology receiving high recognition from key clients [6] - The company is committed to continuous technological innovation and aims to become a leading domestic and internationally recognized comprehensive service provider for special functional materials [7]