Core Viewpoint - The China Securities Regulatory Commission has disclosed the IPO guidance report for Tongchuang Purun New Materials Co., Ltd., marking a significant step for the company in the semiconductor key materials sector as it seeks to enter the capital market for broader development opportunities [1] Company Overview - Tongchuang Purun was established in December 2012 by Dr. Yao Lijun, the founder and CTO of Jiangfeng Electronics, along with a team of high-level talents returning from overseas [3] - The company focuses on the research, development, and production of high-purity (5N, 6N, and above) metal materials used in integrated circuit manufacturing, having developed a fully autonomous core technology system [3] Technological Achievements - After over a decade of efforts, Tongchuang Purun has built a complete and controllable industrial chain from raw material purification to product application, with a modern advanced production line [3] - The product line includes ultra-high-purity aluminum, tantalum, copper, manganese, and various key alloy materials, achieving international advanced technical standards [3] - The company has broken the long-standing reliance on imports in the high-end high-purity metal materials sector in China and has become one of the few Chinese companies capable of providing key high-purity metal materials for the most advanced 3nm process chips globally [3] Market Position - High-purity metal materials are foundational for strategic emerging industries such as semiconductor chips, display panels, aerospace, and new energy, with high technical barriers historically dominated by a few US and Japanese companies [3] - Tongchuang Purun has transitioned from a follower to a peer and even a leader in certain areas due to its strong technical accumulation and continuous innovation investment [3] Strategic Partnerships - As an important partner and core supplier to Jiangfeng Electronics, Tongchuang Purun has successfully integrated several ultra-high-purity metal sputtering targets into the supply chains of top global wafer manufacturers, widely used in high-end electronic products like AI chips [4] - The collaboration has resulted in a global market share exceeding 40% for the jointly developed ultra-high-purity aluminum, copper, and manganese targets, ranking first in the world [4] Financial Developments - The company completed a Pre-IPO financing round exceeding 1 billion RMB in October, attracting notable industry investors such as Shangqi Capital and SAIC Capital, which will support further investment in core technology R&D, accelerate technological iteration and industrial upgrades, and expand market applications [4] - The founder, Dr. Yao Lijun, holds 17.61% of the company's shares, making him the controlling shareholder [4] IPO Significance - The initiation of the IPO guidance is a significant milestone in the development of Tongchuang Purun, especially against the backdrop of profound adjustments in the global semiconductor industry and the increasing demand for supply chain autonomy [4]
打破“卡脖子”困局 国产半导体材料企业同创普润启动IPO辅导
Ju Chao Zi Xun·2025-12-14 14:48