Recently, Hunan Phohom New Materials Co., Ltd. (hereinafter referred to as "Phohom") successfully completed the first round of financing, led by Hunan Sany Intelligent Industry Private Equity Fund Enterprise (hereinafter referred to as "Sany Ventures").
Sany Venture Capital is Sany Group's focus on building an investment platform for technological innovation enterprises. Together with the Sany Mass Innovation Incubator, it constitutes the Sany Group's entrepreneurship and investment platform. Excellent investment performance ranks among the best in China's investment industry. The total scale of Sany Ventures is 350 million yuan, focusing on innovative manufacturing enterprises in the start-up and growth stages, giving full play to the industrial advantages of Sany Group and boosting the rapid growth of the invested companies.
Phohom is a high-tech enterprise and a military-civilian integration enterprise with international advanced technology, independent intellectual property rights, military and nuclear technology background. The company focuses on the research and development, production, sales and technology of high-performance metal explosive composite materials Solution services, established good scientific research cooperation with internationally renowned scientific research and academic institutions such as National University of Defense Technology, Central South University, Chinese Academy of Sciences, Beijing Institute of Technology, University of South China, Wuhan University of Science and Technology, and Ukrainian Barton Welding Technology Institute, with postdoctoral fellows. There are 1 workstation and 2 doctoral workstations, and an explosion processing technology center and a layered metal composite engineering testing center have been established.
Phohom has a registered capital of 43 million yuan and is headquartered in the High-tech Zone, Changsha City, Hunan Province, China. It has 3 wholly-owned or holding subsidiaries and 1 Sino-foreign joint venture company. It has established bases in Changsha, Hengyang and Guangdong. The company has 80 employees. There are more than 40 people, including more than 40 people with bachelor degree or above, 3 foreign experts, 17 people with senior professional titles and above. Phohom has passed ISO9001 quality management system certification, classification society certification, military industry certification, nuclear safety certification, independent import and export rights. Phohom's leading products are import substitution and high-end structural products, which have been sold to more than 30 countries and regions around the world.
The metal explosion composite technology adopted by Phohom is to obtain instantaneous high temperature and high pressure through the explosion of explosives, thereby generating a high-voltage pulse load, pushing one material (clad layer) to collide with another material (base layer) at high speed, and realize the combination of two metals' metallurgical bonding.
2019 is the first year of growth for Phohom. Through continuous accumulation, it has gradually verified its business model and conformed to the market development trend. At this important stage of development, with the capital assistance of Sany Ventures and the endorsement of high-level credit enterprises, Phohom will better provide customers with leading products and high-quality services in the future.