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Zhongyuan Advanced Materials

MaterialsNingbo, Zhejiang, ChinaFounded 2018· One of 1019 Materials companies tracked by AMPulse

Ningbo-based producer of gas-atomized metal powders for additive manufacturing, including superalloy, titanium, aluminum, tool/mold steel, stainless, Invar and copper alloy grades.

CEO / Founder
Zhao Wenjun (赵文军)
Team Size
201-500
Stage
Growth Stage
Latest Round
Series C
Key Investors
Haitong Innovation; National Military-Civil Fusion Industry Investment Fund; Shenzhen Capital Group Manufacturing Transformation & Upgrading New Materials Fund; Shenzhen High-Tech Investment Group; Sunho Capital; Pengyuan Fund; Ningbo Yongxin Phoenix Equity Fund; Ningbo Haishu Industrial Investment; Ningbo Yongcai Fund

Technology & Products

Key Products

Superalloy powders (GH3230, GH3536, GH3625, GH4099, GH4169, GH5188); titanium powders (TA1, TA15, TC4); aluminum powders (AlSi10Mg, ZYHL, ZYDL, ZY6061, ZY6063); stainless steel (316L, 17-4PH, 420); mold steels (XM-7 for shoe molds, 18Ni300, ZYACM-1); Invar (4J32, 4J36); copper (Cu, CuCrZr); amorphous alloy and brazing powders.

Technological Advantage

In-house vacuum gas-atomization process. Three production bases (Ningbo, Changsha, Luzhou) with more than 40,000 m² of space, about 30 lines at Luzhou and planned capacity above 10,000 t/yr. Company reports 18+ IP items and participation in 12+ national/industry standards.

Differentiation

Value Proposition

Supplies domestically produced, consistent-quality gas-atomized metal powders for LPBF and other metal AM processes, replacing imported feedstock and providing technical service to support stable production.

How They Differentiate

Focuses on proprietary AM-specific alloys (such as ZY6061 and XM-7) and a broad grade portfolio. Combines multi-site atomization capacity with application support for mass-production AM users in molds and aero hot-section parts.

Market & Competition

Target Customers

Metal AM service bureaus, printer OEMs and end users in aerospace, aero-engine/gas turbine, mold-making, automotive, 3C consumer electronics, medical and energy sectors.

Industry Verticals

Aerospace; aero-engines and gas turbines; mold and tooling (including shoe molds); automotive; rail transit; 3C consumer electronics; medical; energy.

Competitors

AVIMETAL AM (中航迈特); GRIPM Advanced Materials (有研粉材); Vilory Advanced Materials (威拉里); Xi'an Sailong (西安赛隆)

Growth & Milestones

Growth Metrics

230+ employees (up from 200+); more than 40,000 m² of production bases; planned capacity above 10,000 t/yr; grew from 3 lines in Ningbo (2020) to 14 lines in Changsha and about 30 in Luzhou.

Major Milestones

2018: founded in Ningbo, first trial furnace run in December. 2020: three lines operational; national high-tech enterprise status. 2021: Changsha subsidiary set up (14 lines); Series A led by Sunho Capital. 2022: Changsha base in production; Series B led by Shenzhen High-Tech Investment Group. 2023: Zhejiang 'specialized and sophisticated' SME designation; began overseas expansion. 2024: Luzhou subsidiary formed; Series C of ¥100M+ with national funds. 2025: Luzhou base completed (30 lines); national-level 'Little Giant' status; listing preparation. 2026-10: Series C++ with Haitong Innovation.

Recent coverage of Zhongyuan Advanced Materials

Funding rounds

  • Series CUndisclosed2026-10Source
  • Series C¥100M+ (亿元级)2024-06Source
  • Series BUndisclosed2022Lead: Shenzhen High-Tech Investment Group · Source
  • Series AUndisclosed2021-12Lead: Sunho Capital · Source