- CEO
- Xin Yuan
- Full Time Employees
- 430
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- 46A Zhongxin Road Jinzhou LI China 121000
- IPO Date
- Feb 21, 2020
- Business
- Thinkon Semiconductor Jinzhou Corp. (688233.SS) engages in the research, development, production, and sales of monocrystalline silicon materials and related products for integrated circuit etching processes. The company offers large-diameter silicon materials including silicon rods, cylinders, ingots, rings, and disks; silicon components such as upper and lower electrodes; and semiconductor large-size silicon wafers and application products, with capabilities to mass-produce up to Φ475mm (19-inch) diameter materials covering resistivities from <0.02Ω·cm to 70-80Ω·cm. These products serve mainstream semiconductor component manufacturers, primarily in integrated circuit manufacturing, with approximately 70% of sales to domestic customers and 30% exported to leading firms in Japan, South Korea, and the United States.
Founded in July 2013 and headquartered at No. 46 Zhongxin Road, Taihe District, Jinzhou, Liaoning Province, China, the company listed on the Shanghai Stock Exchange's STAR Market in February 2020. Thinkon Semiconductor operates in the semiconductor materials industry, targeting integrated circuit etching equipment suppliers and end-users like Tokyo Electron, Samsung Electronics, SK Hynix, Intel, and Taiwan Semiconductor through its customer base. The firm employs around 392-400 staff and holds over 60 patented technologies, including no-magnetic-field large-diameter monocrystalline silicon manufacturing, solid-liquid coexistence interface control, and thermal field optimization.
In recent developments, the company reported strong first-quarter 2025 performance with revenue of CNY 106 million, up 81.49% year-over-year, and net income of CNY 28.51 million, surging 1850.70%, driven by heightened demand from downstream integrated circuit manufacturers for its large-diameter silicon materials. It anticipates sustained low polysilicon raw material prices through 2025, positively impacting gross margins, while implementing cost-saving measures and expanding domestic supplier networks amid global tariff fluctuations. Ongoing R&D investments focus on deepening domestic IC localization, enhancing yield stability for silicon components and wafers, and tracking industry trends for technological innovation and market expansion.