Hwatsing Technology
 | |
Native name | 华海清科股份有限公司 |
|---|---|
| Company type | Public; State-owned enterprise |
| SSE: 688120 | |
| Industry | Semiconductors |
| Founded | April 10, 2013 |
| Founders | Luo Jianbin Lu Xinchun |
| Headquarters | Tianjin, China |
Key people | Lu Xinchun (Chairman) Zhang Guoming (CEO) |
| Revenue |  CN¥2.51 billion (2023) |
| CN¥723.75 million (2023) | |
| Total assets | CN¥9.12 billion (2023) |
| Total equity | CN¥5.52 billion (2023) |
| Owner | Tsinghua Holdings (28.19%) |
Number of employees | 1,268 (2023) |
| Website | www |
| Footnotes / references [1] | |
Hwatsing Technology (Hwatsing; Chinese: 华海清科; pinyin: Huáhǎi Qīngkē) is a partially state-owned publicly listed Chinese company headquartered in Tianjin that manufactures semiconductor chip production equipment.
Its most notable product offerings are in chemical-mechanical polishing (CMP) machines.
Background
[edit]In 2000 at Tsinghua University, Luo Jianbin and Lu Xinchun began their research on CMP technology.[2][3][4]
In April 2013, Tsinghua Holdings and the Tianjin Municipal Government established Hwatsing to commercialize the technology developed from the CMP project. Hwatsing produced China's first 12-inch CMP machine.[2][3][4]
On 9 June 2022, Hwatsing held its initial public offering becoming a listed company after listing on the Shanghai Stock Exchange STAR Market.[3][4] The offering raised $540 million and the shares rose 64% on its trading debut.[5]
In August 2024, it was reported that Hwatsing would invest $237.2 million to build a new plant in Shanghai.[6]
In December 2024, Hwatsing was targeted in a new round of US export controls and added to the United States Department of Commerce's Entity List.[7]
Business operations
[edit]Hwatsing's main product offerings are CMP machines. It has also expanded into other business lines such as grinders and wafer regeneration.[4]
Hwatsing has been touted to break the monopoly of Applied Materials in China. Clients of Hwatsing include Semiconductor Manufacturing International Corporation, Hua Hong Semiconductor and Yangtze Memory Technologies.[8]
See also
[edit]References
[edit]- ^ "2023 Annual Report" (PDF). Sina.
- ^ a b "Hwatsing's Cu&Si CMP equipment used in a Shanghai-based IC foundry company". subsites.chinadaily.com.cn. 29 January 2018. Retrieved 19 October 2024.
- ^ a b c "机械系技术成果转化公司华海清科成功登陆科创板". www.tsinghua.edu.cn. 9 June 2022. Retrieved 19 October 2024.
- ^ a b c d "华海清科科创板上市：市值239亿 核心团队出自清华". finance.sina.com.cn. 8 June 2022. Retrieved 19 October 2024.
- ^ Min, Qin (9 June 2022). "Chip Shortage Fans Investor Interest in Semiconductor Equipment Firm's $540 Million IPO". www.caixinglobal.com. Retrieved 19 October 2024.
- ^ Shihua, Tang (19 August 2024). "Chinese Chipmaking Tool Giant Hwatsing to Invest USD237 Million in New Plant". www.yicaiglobal.com. Retrieved 19 October 2024.
- ^ Chen, Charlene (3 December 2024). "New US ban imposes 'large yard, high fence' on Chinese equipment, materials, EDA". DIGITIMES. Retrieved 4 December 2024.
- ^ Cheng, Ting-Fang (5 May 2021). "US-China tech war: Beijing's secret chipmaking champions". Nikkei Asia. Retrieved 19 October 2024.
