Core Insights - Shenzhen SenGong New Materials Technology Co., Ltd. has completed a Series B financing round, with the amount undisclosed, and the investment was led by Nanshan Zhanxin Investment [1][2]. Company Overview - SenGong Technology was established in 2018 and focuses on the research, development, production, and application of functional new materials and biodegradable environmental materials [2]. - The company's main products include recyclable and degradable express packaging bags, laundry capsule water-soluble films, special air barrier films, and water-soluble fully biodegradable environmental bags [2]. - SenGong Technology's products have been widely applied in daily consumer goods, agricultural planting, packaging materials, and optical display fields, and have been included in the first batch of green products by the State Post Bureau of China [2]. Investment History - The company has undergone several financing rounds: - Series B on November 5, 2025, with Nanshan Zhanxin Investment as the investor [2]. - Series A on September 26, 2023, with investment from Yao Wen Venture Capital [2]. - Pre-A round on May 7, 2021, with investment from Meihua Venture Capital amounting to tens of millions of RMB [2]. - Equity financing on October 27, 2019, with investment from New Momentum Fund [2].