- Business
- Zhejiang MTCN Technology Co., Ltd. (003026.SZ) manufactures and sells semiconductor monocrystalline silicon materials and products in China. The company produces semiconductor silicon rods, grinding wafers, chemical corrosion sheets, polishing wafers, semiconductor power chips and devices; offers 3-8 inch semiconductor-grade monocrystalline silicon rods and 6-8 inch polishing wafers for high-end discrete devices, very large scale integrated circuits, power transistors, protective devices, optoelectronic devices, MEMS sensors; serves applications in household appliances, green lighting, security communications, automotive electronics, information technology and aerospace. Founded in 2010 and headquartered in Changxing County, Huzhou City, Zhejiang Province, the company operates wholly-owned subsidiaries including Zhejiang Zhongjing New Materials, Ningxia Zhongjing, Xi'an Zhongjing and Jiangsu Gaoxin; maintains a leading position in semiconductor monocrystalline silicon rods, grinding silicon wafers and high-voltage rectifiers with advanced proprietary technologies in MCZ, refeeding and high-precision heavy doping. In June 2024, Zhejiang MTCN signed an equity acquisition agreement to purchase the remaining 49% stake in Jiangsu Gaoxin Electronics Co., Ltd. for CNY 170 million in cash, achieving full ownership of the subsidiary following its initial acquisition in 2021; continues expansion through phase II production at facilities in Zhejiang and Xi'an, Ningxia phase II construction and ongoing R&D in semiconductor materials. The company distributes products domestically and internationally, holding ISO 9001:2015, ISO14001:2015 and ISO45001:2018 certifications as a national high-tech enterprise.