- CEO
- Yi Wei Ao
- Full Time Employees
- 729
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- Changzhou China
- IPO Date
- Dec 9, 2022
- Business
- Changzhou Fusion New Material Co., Ltd. is a China-based technology enterprise specializing in the research, development, manufacturing, and sale of advanced electronic materials, functional pastes, and semiconductor components. Founded in 2015 and headquartered in Changzhou, Jiangsu Province, the company primarily operates within the photovoltaic materials, electronic chemicals, and semiconductor supply chain sectors. Its core product portfolio comprises photovoltaic conductive silver pastes, including front-side and back-side silver paste formulations for P-type Passivated Emitter and Rear Cell (PERC) architectures; front- and rear-side metallization paste solutions for N-type Tunnel Oxide Passivated Contact (TOPCon) cells; low-temperature conductive silver pastes for Heterojunction Technology (HJT) solar cells; specialized conductive pastes for Interdigitated Back Contact and related X-BC cell technologies; and ultra-low-temperature metallization pastes engineered for perovskite tandem cells; specialized electronic pastes for non-photovoltaic applications, including thick-film chip resistor pastes, radio frequency device pastes, 5G filter metallization pastes, and Low Temperature Co-fired Ceramic (LTCC) formulations; electronic adhesives and functional encapsulation materials, including conductive adhesives, structural bonding adhesives, and thermal management compounds for new energy vehicles and consumer electronics; electronic-grade silver powder utilized as critical conductive raw material; and semiconductor lithography consumables, specifically blank photomasks and related substrate materials utilized in deep ultraviolet (DUV) wafer fabrication processes. Changzhou Fusion New Material serves tier-one solar cell manufacturers, semiconductor wafer fabrication plants, and electronic component producers across mainland China, Southeast Asia, India, South Korea, Japan, Europe, and the Middle East. The company operates major domestic manufacturing bases and research facilities in Changzhou and Shanghai, alongside an overseas production facility in Thailand and an advanced research center in Japan. In recent strategic developments, the company executed the cross-border acquisition of the blank mask business from South Korea-based SK Enpulse Co., Ltd., integrating the business under Lumina Mask Co., Ltd. via its subsidiary Wuxi Juguang Semiconductor Co., Ltd. to enter the upstream semiconductor photolithography material supply chain with commercial qualification at leading memory semiconductor manufacturers; completed the upstream acquisition and capacity expansion of Jiangsu Juyouyin New Materials Co., Ltd. to establish an integrated electronic-grade silver powder production platform and enhance supply chain resilience; brought online a 600-metric-ton annual capacity photovoltaic conductive silver paste production facility in Thailand under Fusion New Material (Thailand) Co., Ltd. to support international solar module manufacturers; established Shanghai Juxinguang New Materials Co., Ltd. to accelerate advanced semiconductor material industrialization; operationalized high-end electronic functional materials and adhesives production lines under Jiangsu Deliju New Materials Co., Ltd.; and initiated preparations for a secondary listing and H-share offering on the Stock Exchange of Hong Kong to optimize its global capital structure and fund continued international business expansion.