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PAL supplies Parylene coatings, coating equipment, and related materials.
Founded in 2012, Shanghai PAL New Materials develops Parylene coating applications and products. Its coatings and equipment serve biomedicine, automotive electronics, aerospace, military protection, control systems, and cultural relics preservation. Revenue comes mainly from contract coating services, customized industrial and medical solutions, and sales of materials and process support. In February 2026, PAL raised over CNY 100 million, led by SDIC Unity Capital, with returning investors Detong Capital and Addor Capital participating.
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