Zhejiang Zhongling Technology

Zhejiang Zhongling Technology

Aims to break the domestic mass production gap of ultra-precision metal sheet processing.

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CNY200m

Series B
Total Funding000k
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Zhejiang Zhongling Technology, established in September 2020, is a specialized manufacturer of high-precision metal masks (FMM), a critical component in the production of OLED displays. The company was founded by a team of experts from major AMOLED panel manufacturers and OLED industry specialists from Japan, South Korea, and Taiwan, aiming to address the domestic gap in the mass production of these essential materials. General Manager Xu Huawei has been a key figure in leading the company's research and development efforts, particularly in localizing the entire supply chain.

Operating from the Pan-Semiconductor Industrial Park in Haining, Zhejiang, the company functions on a B2B model, supplying core components to major OLED panel manufacturers. Its business is centered on producing Fine Metal Masks, which are indispensable for the vapor deposition process in creating AMOLED screens for smartphones, tablets, VR/AR devices, and other consumer electronics. This technology was previously dominated by overseas companies, and Zhejiang Zhongling Technology's establishment marks a significant step towards domestic self-sufficiency in this high-tech sector. The firm's products have been validated by several domestic OLED panel factories and are used in the production of flagship devices for brands like Huawei, Xiaomi, and OPPO.

The company's product portfolio includes various types of masks such as Divide Open Masks, Fine Metal Masks (FMM), and Micro OLED Open Masks for silicon-based OLEDs, achieving precision levels of up to 5 microns. A notable achievement is the successful trial production of G8.6 generation FMM, making it the second company globally to do so and enabling more efficient production of medium and large-sized OLED panels. Since its inception, the company has secured substantial funding to fuel its expansion. It completed A and A+ funding rounds in 2021 and a Series B round in January 2024, raising a total of over $30.5 million from investors including Shenzhen Capital Group and CMB International Capital. These funds are allocated to equipment investment, raw material development, and increasing production capacity.

Keywords: Fine Metal Mask, FMM manufacturer, OLED components, AMOLED screens, vapor deposition mask, display technology, semiconductor materials, ultra-precision metal processing, G8.6 FMM, Micro OLED, domestic substitution, display panel industry, consumer electronics supply chain, high-precision manufacturing, Invar alloy, silicon-based OLED, Chinese semiconductor, display components, electronics manufacturing, advanced materials

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