Core Insights - Henan Senze Refractory Materials Co., Ltd. has completed a 20 million yuan angel round financing, exclusively invested by Guangdong Guancheng Holdings Group Co., Ltd. [1] - The financing will primarily be used for new product development, production line upgrades, and market expansion [1] Company Overview - Senze Refractory Materials is located in China's refractory materials industry cluster and operates three tunnel kiln production lines [1] - The company's product range includes refractory materials for roasting furnaces and lightweight thermal insulation materials, widely used in metallurgy, steel, and electric power industries [1] - The company has been recognized as an excellent supplier by Jilin Carbon for three consecutive years due to its stable product quality [1] Investment Perspective - The investment head of Guancheng Holdings expressed confidence in Senze Refractory's deep technical foundation in its niche field and its development potential in industrial material upgrades [1] - Following this round of financing, Senze Refractory aims to accelerate the research and development of high-performance refractory materials and promote automation upgrades in its production lines [1] - The company seeks to enhance its competitiveness in the special refractory materials market [1]