On June 23rd, Nantong Zhanding Materials Technology Co., Ltd. triumphantly completed a funding round of RMB 200 million. This financing was bolstered by prestigious investment firms including Sequoia Capital, Changjiang Innovation Investment, and Dingfeng Investment. Concurrently, existing shareholders such as Bayi Space-Time, Trend Capital, and Houxue Capital augmented their investments. This substantial funding round underscores the capital market's profound recognition of both the semiconductor materials sector and Zhanding Materials' formidable technological prowess.