Recently, Purexene New Energy Materials (Shanghai) Co., Ltd. has successfully raised hundreds of millions of yuan in Series B funding, led by Guoke Dongfang and joined by investors such as the Dalinghaowan Strategy Fund, Shangyan Xingong Fund, and Minyin International. Existing shareholders, including Sequoia China, Shanghai Lianhe Investment, and Lianxin Capital, also reaffirmed their commitment by continuing their investment. The proceeds from this funding round will be allocated towards expanding the production capacity for ultra-high purity polymer materials, enhancing the technological platform, and increasing market penetration. Purexene specializes in the research and development of advanced polymer materials, with its products finding applications in diverse fields like lithium battery separators and specialty fibers, thereby enabling domestic control and self-sufficiency in critical materials.