Group 1 - The core viewpoint of the article is that Chang's New Materials has successfully completed a nearly 100 million yuan financing round led by Ningbo Yongyuan Hongde Equity Investment Partnership and Taizhou Changde Venture Capital Partnership [2] - Chang's New Materials Technology (Shanghai) Co., Ltd. was established in May 2017 and focuses on the integrated research, production, and sales of optical and electronic nano new materials, with products penetrating seven major sectors including consumer electronics, automotive, construction, semiconductor, new energy, medical, and clothing [3] - The funds from this financing round will be primarily used for the construction and capacity ramp-up of two manufacturing bases in Ningbo and Taizhou, as well as for the iterative research and development of next-generation nano optical films and high-end electronic slurries, and to accelerate the global market network layout [4] Group 2 - The investment rationale provided by Hongfu Asset's partner indicates that Chang's team possesses both scientific expertise and industrial implementation capabilities, with their nano insulation and privacy protection materials already being mass-produced for leading smartphone brands, demonstrating a clear commercialization path [4] - The article highlights that the national "14th Five-Year" new materials plan and the G60 Science and Technology Innovation Corridor policy in the Yangtze River Delta provide multiple incentives such as land, tax, and talent for high-end film material companies, showcasing Chang's resilience in expanding production during a capital winter [4] - The investment community is optimistic about the growth potential in the nano optical film sector, driven by three major market opportunities: consumer electronics upgrades, automotive electrification, and energy-efficient construction [4]