Zhejiang Zhongning Silicon Industry
Leading in high-purity silane and nano silicon production with advanced processes.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | CNY800m | Growth Equity non VC | |
| Total Funding | 000k | ||
Zhejiang Zhongning Silicon Industry Co., Ltd. operates as a pivotal manufacturer of high-purity silicon-based materials, servicing the semiconductor, LCD, photovoltaic, and new energy sectors. Founded in December 2007 by Wang Zeguo and Li Lingyun, the company is strategically located in Quzhou, Zhejiang, known as China's "fluorosilicon capital". The firm's business model revolves around the research, development, production, and sale of electronic specialty gases and advanced electronic materials, addressing both domestic and international markets.
The company's history includes a significant reorganization in April 2018, when it became a holding subsidiary of the publicly listed Do-Fluoride New Materials Co., Ltd. This was followed by its completion of a shareholding system transformation in September 2023. Over the years, Zhongning Silicon has secured substantial strategic investments, including a notable funding round of nearly CNY 800 million in January 2024 from investors such as Phoenix Tree Capital, Quzhou Holding Group, and China Cinda Asset Management. These financial infusions are aimed at expanding production capacity and accelerating product innovation.
Zhongning Silicon's product portfolio is extensive, featuring electronic-grade silane, polysilicon, nano-silicon powder, silicon tetrafluoride, and silicon carbon anode materials. The company was a domestic pioneer in the mass production of electronic-grade silane, breaking international monopolies on the technology. Its products are fundamental raw materials for integrated circuits, TFT liquid crystal displays, solar cells, and lithium-ion battery anodes. The company reports a significant market share, with its silane products reportedly holding over 70% of the domestic photovoltaic market. Key clients include industry leaders like BOE and TSMC.
Keywords: electronic specialty gases, silicon materials, semiconductor manufacturing, photovoltaic components, silane production, nano-silicon powder, silicon carbon anode, electronic chemicals, polysilicon, LCD components