On July 8, Beijing KMT Technology Co., Ltd. (hereinafter referred to as “KMT”), an investee of ZGC Group, was listed on the Beijing Stock Exchange.

Founded in 2005, KMT has specialized in high-end polymer new materials across two key business areas: LED packaging materials and high-performance modified plastics. As one of the few domestic companies with expertise in both silicone and epoxy packaging systems, it was also among the first to achieve mass production of Mini LED materials, cementing its position as a key industry leader.

Since 2013, the Group’s fund platform has consistently invested in KMT to fuel its long-term growth. In 2021, the Group launched Phase I of its S Fund. By participating in follow-on funds and acquiring LP interests, the S Fund effectively extended its investment in KMT—showcasing how “patient capital” can help the company overcome technological barriers and enhance independent innovation. During the early stage of KMT’s growth, ZGC Sci-Tech Guaranty, a subsidiary of the Group, promptly provided RMB 20 million in bank credit facilities, which was mainly used for fixed asset investment to help the company expand production capacity and establish its core manufacturing base. By 2022, ZGC Sci-Tech Guaranty had delivered comprehensive financing support of over RMB 200 million to KMT across a range of financial products, including bank loans, trust financing, and entrusted loans.