Hundreds of millions of yuan A round of financing, Tongjia Hongrui to accelerate the semiconductor-grade dry vacuum pump domestic replacement process.
Release time:
2022-10-12
Recently, Beijing Tongjia Hongrui Technology Co., Ltd. (hereinafter referred to as "Tongjia Hongrui") has completed hundreds of millions of yuanA round of financing, led by well-known industrial investment institutions, including Shixi Capital
Recently, Beijing Tongjia Hongrui Technology Co., Ltd. (hereinafter referred to as "Tongjia Hongrui") has completed hundreds of millions of yuanA round of financing, led by well-known industrial investment institutions, including Shixi Capital, SMIC Juyuan, Novartis Capital, Xinwei Capital, etc., and by a number of local state-owned funds, including Yizhuang State Investment, Hefei Guozheng Capital, Zhongguancun Development's related funds. This round of financing is mainly used for vacuum pump production capacity expansion and supplementary liquidity.
Prior to this, Tongjia Hongrui has completed a round of financing of over 100 million yuan in 2021, led by Shengshi Investment, a well-known investment institution. The semiconductor-grade dry vacuum pump production line built has reached a capacity ramp, and its core products have been verified and approved by leading enterprises in BOE, SMIC, Maiwei and other industries and obtained mass production orders,It is a domestic supplier of large displacement and harsh process vacuum pumps in semiconductors, panels, new photovoltaics, etc..This financing will further help the company to enhance research and development strength, improve market share, improve operating performance.
Peak (Stony Brook Capital Partners) stated:
"Dry vacuum pump is one of the core components of semiconductor equipment, domestic replacement is just right. Tongjia Hongrui is the head enterprise of dry vacuum pump in China. Its products have been recognized by leading enterprises in the industry and obtained orders. Shixi Capital and several other industrial capital this round of leading investment, aimed at further strengthening Tongjia and domestic end-users cooperation, accelerate domestic substitution, expect Tongjia can provide users with more cost-effective dry vacuum pumps, better localization support and services."
Yu Dayang (general manager of Novartis Capital) said:
"Dry vacuum pump is the key vacuum acquisition equipment in the production line of semiconductor, lighting, display and new energy industries, which directly affects the yield of the production process. At present, China's semiconductor dry pump market is mainly monopolized by European, Japanese and other enterprises, the delivery period and price fluctuations are large, the localization rate is seriously insufficient. As a domestic dry pump enterprise that can cover small pumping speed to large pumping speed, Tongjia has obtained verification and bulk orders from customers in the field of display and new energy. With the verification of Tongjia dry pump in the semiconductor foundry, it will accelerate the pace of its application in the semiconductor industry and accelerate the process of dry pump localization. Tongjia's dry pumps are highly consistent with Northern Huachuang's product lines, and Novartis Capital will use this investment as an opportunity to facilitate full cooperation between the two sides in each product line."
Tongjiahongrui was founded in 2012. Its main products are a full series of dry vacuum pumps, which are widely used in thin film, etching and other equipment in semiconductor, display panel, solar photovoltaic, LED lighting, lithium battery and other industries. It has won the favor of customers with its core competitive advantages such as large displacement (100m/h-6000m/h), high efficiency and energy saving, high cost performance, and adaptability to harsh working conditions.
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