On September 17, 2025, Jiangsu Qingyun New Materials Co., Ltd. made a public announcement, revealing that it had successfully closed its Series C financing round, raising hundreds of millions of yuan. This round was spearheaded by CPCA Capital, with additional support in the form of continued investment from industrial capital. The proceeds from this financing will be earmarked for several key initiatives: the research and development of a cutting - edge generation of Kunlun metamaterials; a global expansion of production capacity; and the establishment of an industrial chain ecosystem. Through these efforts, the company aims to cement its standing as a leading player in the global high - end specialty fiber materials industry.