According to the Star Daily on November 26 (Reporter Li Mingming), today the third strategic investor introduced by Kuang-chi technologies has made new progress by signing subscription agreements with 14 institutions.

Among them, the executing partner of the third strategic investor, Qiongqingcheng Kunzhi Metamaterials Private Equity Partnership (hereinafter referred to as "Qiongqingcheng Kunzhi Metamaterials"), signed a subscription agreement with a total of 14 institutions including Blackstone Investment, Hunan Construction Investment, and Wanxiang Spring Investment.

Reportedly, as early as October 8, Kuang-chi technologies announced that its controlling shareholder, Tibet Yingbang, planned to introduce strategic investors by transferring no less than 215,458,788 shares (accounting for 10.00% of the total share capital of the company) through an agreement, aiming to bring in 2-3 strategic investors, with each investor expected to acquire 107,729,394 shares, accounting for 5.00% of the total share capital.

Regarding the type of strategic investors to be introduced, the chairman of Kuang-chi technologies, Liu Ruopeng, previously stated publicly: "We hope that the strategic investors we introduce will be reliable capital and patient capital, able to support independent innovation and support the country's major strategic needs."

Previous announcements indicated that Kuang-chi technologies introduced three strategic investors: Zhuzhou Metamaterials Investment Development Partnership (hereinafter referred to as "Zhuzhou Metamaterials"), Tianjin Jinnan State-owned Capital Investment Operation Group Co., Ltd. (hereinafter referred to as "Jinnan State Investment"), and Qiongqingcheng Kunzhi Metamaterials.

Among them, Zhuzhou Metamaterials and Jinnan State Investment are cornerstone strategic investors with state-owned capital; Qiongqingcheng Kunzhi Metamaterials represents social capital, specially introduced by Kuang-chi technologies to respond to the capital markets' support for metamaterials and the rapid development needs of the xinxingchanye. After the completion of the agreement transfer, the three strategic investors will all hold more than 5% of the shares.

Equity penetration shows that Zhuzhou Metamaterials is backed by Zhuzhou State-owned Capital; Jinnan State Investment was established in 2024 with a registered capital of 5 billion, and the major shareholder is the State-owned Assets Supervision and Administration Commission of the Jinnan District People's Government of Tianjin.

Kongzhicheng Kunzhichao Materials was established in 2022, with Beijing Xuhui Investment Management Co., Ltd. as the majority shareholder, holding 90%, and personal shareholder Han Lin holding 10%. At the same time, Han Lin also holds half of the shares of the Ma'anshan Super Materials Private Equity Partnership.

The reporter from the Star Daily noticed that based on the names and investment directions of these three strategic investors, their investment purposes may be related to the ecological construction of the super materials industry. Additionally, Kuang-Chi Technologies, which has introduced Tianjin and Zhuzhou state-owned capital strategic investments, is also strengthening cooperation with these two regions this year.

Last month, the Zhuzhou 905 base project was launched in the Zhuzhou High-tech Zone. This project is invested by Kuang-Chi Technologies, and its main construction content is the research and development, production, and testing center for super materials, which will become an integrated intelligent manufacturing center for super materials.

At the same time, Tianjin Kuang-Chi Super Materials Technology Co., Ltd. was recently established, wholly owned by Kuang-Chi Technologies. Its business scope includes: manufacturing of high-performance fibers and composite materials; manufacturing of fiberglass and products; manufacturing of communications equipment; and manufacturing of mobile terminal devices, among others.

Industry insiders told the Star Daily that places like Tianjin and Zhuzhou can drive the coordinated development of local upstream and downstream companies through cooperation with Kuang-Chi Technologies, which is beneficial for creating a complete industry chain system covering research and development, design, and production of super materials; at the same time, it will also form Kuang-Chi Technologies' industrial radiation and coverage in the CNI Zhujiang index, central provinces, and the Jing-Jin-Ji region.

The reporter from the Star Daily learned that recently, Kuang-Chi Technologies has focused on the layout in the drone and low-altitude economy industry-related fields. This month, at the 15th China International Aerospace Expo, Kuang-Chi Technologies officially launched the world's first fully-body super material drone. It was stated that this drone plans to start small batch production next year, which will be manufactured and delivered by the aforementioned Zhuzhou 905 base.

On the 25th, Kuang-Chi Technologies also held a "Low-altitude Drone Framework Procurement Signing Ceremony" at the 709 base located in Shunde, signing the "Drone Strategic Cooperation Agreement" and the "Drone Framework Procurement Contract." Based on super material technology, Kuang-Chi Technologies and its partners will carry out in-depth strategic cooperation in the drone market, products, technology, and manufacturing in multiple areas, targeting domestic and international markets, focusing on the application and services of high-performance, low-cost large drones in the low-altitude field.

Regarding why the choice was made to enter the low-altitude field, Liu Ruopeng previously stated: the company wants to change the entire industry pattern and promote industry progress. The company chooses aviation products as a new track, which will face significant opportunities and challenges. But efforts will continue in this direction. It is now clear that this is the company's secondary business.

Metamaterials are a type of new materials that emerged in the 21st century, referring to composite materials with artificially designed structures that exhibit extraordinary physical properties not found in natural materials. Metamaterials hold enormous potential application value in fields such as advanced equipment, new physical devices, and antenna systems.

Founded in 2010, kuang-chi technologies is dedicated to "disruptive innovation" in metamaterial technology, and is a core supplier of the new generation of advanced equipment and intelligent equipment in the country.

In the first three quarters of this year, kuang-chi technologies achieved a cumulative revenue of 1.269 billion yuan, a year-on-year increase of 3.67%; the net income attributable to the shareholders of the listed company reached 0.537 billion yuan, a year-on-year increase of 20.05%.

The company's chairman, Liu Ruopeng, is a "post-80s" individual from Shenzhen. In 2002, he was recommended to Zhejiang University, and in 2006, Liu Ruopeng went to Duke University's Department of Electrical and Computer Engineering for a joint master's and doctoral program, engaging in research in the field of metamaterials. In 2009, he led a team to successfully develop an "invisibility cloak" using metamaterial technology, with the results published in the authoritative journal "Science." In 2010, Liu Ruopeng returned to China to establish the Shenzhen kuang-chi Advanced Technology Research Institute.