LED materials company Suzhou Betley's IPO has been accepted

Image source: Betley
The funds raised will be used to produce 500 tons of special conductive materials annually.For the third phase project, approximately 210 million yuan of raised funds are planned to be invested; for the Dongguan Betley New Materials Co., Ltd. project, approximately 299 million yuan of raised funds are planned to be invested; for the Wuxi R&D and Marketing Center construction project, approximately 183 million yuan of raised funds are planned to be invested; to supplement working capital, 100 million yuan of raised funds are planned to be invested.
According to data, Betley’s main business is the research and development, production and sales of electronic materials and new chemical materials. Its products cover the three major sectors of conductive materials, organic silicon materials and coating materials. The company's products are widely used in photovoltaics, 3C electronics, silicone deep processing, LED packaging, medical care, new energy vehicles and other fields.

Among them, in the field of LED packaging,Betley mainly provides materials such as high refractive index encapsulating silica gel, COB encapsulating silica gel, filament encapsulating silica gel, and anti-thinning primer.
Currently, Betley’s main customers in the field of LED packaging include well-known LED companies such as Mulinsen and Zhaochi.