Core Insights - Jiangci Electronics has completed a multi-million pre-A round financing led by Yijing Capital and Qianrong Holdings, with funds primarily allocated for expansion and commercialization [1] - The company focuses on high-performance piezoelectric materials and components, with applications in deep well detection, non-destructive testing, and sonar radar [1][4] - Jiangci Electronics has established partnerships with leading companies in oil and IoT sectors, securing multi-million orders [1][4] Group 1: Technology and Product Development - Jiangci Electronics specializes in high-temperature and high-performance piezoelectric materials, having developed new formulations and processing techniques to enhance material performance [4][5] - The high-temperature piezoelectric materials can operate at temperatures between 260°C and 300°C, addressing a significant market need in oil well logging and refining [4][5] - The company has improved the piezoelectric performance of traditional PZT ceramics by two to three times through innovative processing techniques [5][6] Group 2: Market Demand and Application - The demand for high-performance piezoelectric materials is increasing due to applications in deep earth exploration, industrial inspection, and smart IoT [2][6] - Jiangci Electronics is actively developing non-destructive testing products for leading companies in the IoT sector, enhancing detection capabilities [6][8] - The company aims to expand its market presence by focusing on both component-level and device-level products, leveraging its material advantages [8] Group 3: Future Outlook and Strategy - Jiangci Electronics plans to scale production capacity from kilogram-level to tens of kilograms, with a goal of achieving significant sales growth [8][9] - The company anticipates delivering nearly 10 million yuan in products by mid-2025, with an expected annual revenue exceeding 20 million yuan [8][9] - Investors believe that Jiangci Electronics is well-positioned to lead in the high-end piezoelectric materials market, addressing the urgent need for domestic alternatives [10][11]

Core Viewpoint - Jiangci Electronics (Suzhou) Co., Ltd. has completed several million yuan in pre-A round financing, which will be primarily used for capacity expansion and commercialization in the high-end piezoelectric materials sector [1][3] Group 1: Company Overview - Jiangci Electronics was established in February 2023 and is incubated from Suzhou Sucai Electronic Functional Materials Research Institute, focusing on the R&D and manufacturing of high-performance piezoelectric materials, anti-ferroelectric materials, and transparent ferroelectric single crystal materials [3] - The company's core products include high-temperature piezoelectric ceramic materials and high-performance textured ceramic materials, which are widely used in deep well detection, non-destructive testing, and sonar radar applications [3][4] Group 2: Technological Advancements - Jiangci Electronics has developed high-temperature piezoelectric ceramic materials with a new formula design, increasing the operational temperature range to 260℃-300℃, addressing the failure issues of traditional PZT materials in high-temperature environments [3] - The company has optimized the textured process to achieve grain orientation, enhancing the piezoelectric performance of traditional PZT ceramics by 2-3 times, and has successfully developed innovative products such as large-diameter tubes over 10 cm [3] Group 3: Market Recognition and Financial Projections - The company's technological strength has gained high market recognition, securing cooperation with leading enterprises in the oil and IoT industries, and successfully obtaining orders worth millions [4] - Jiangci Electronics has established a kilogram-level production line and expects to deliver nearly 10 million yuan in products in the first half of 2025, with annual sales revenue projected to exceed 20 million yuan [4] - The company plans to enhance its production capacity from kilogram-level to several tens of kilograms to meet market demand and support the advancement of China's high-end piezoelectric materials industry [4]