"Qinghe Jingyuan" Achieves Milestone for China's First Advanced Composite Substrate Mass Production Line | Yunqi Tech π

云启资本·December 28, 2022

Seizing the Strategic High Ground in the Advanced Composite Substrate Industry

"Yunqi Tech π" shares updates from Yunqi Capital's portfolio companies, exploring how frontier technology expands the boundaries of real-world application and tracking the present and future of tech commercialization. In this edition of "Yunqi Tech π," we bring you the latest from Yunqi pre-A portfolio company SinoCrystals (青禾晶元).

➤➤➤ Recently, SinoCrystals — a leader in semiconductor heterogeneous integration technology — held the launch ceremony for the first equipment installation at its Tianjin composite substrate mass production demonstration line. The event took place at the Bolonghu Science and Technology Park in Tianjin Binhai High-Tech Zone. Xia Qinglin, Party Secretary and Director of the Tianjin Binhai High-Tech Zone Administrative Committee, and Dr. Mu Fengwen, Chairman of SinoCrystals, attended the ceremony.

Other attendees included Qiu Shaoyun, General Manager of Tianjin Haixing Operations Management; Dr. Tan Xianghu, Vice President of SinoCrystals; and Dr. Guo Chao, Vice President of SinoCrystals.

Production Line Tour

At the start of the event, Dr. Mu Fengwen led Xia Qinglin and his delegation on a tour of the company's production line. This line is China's first mass production line for new-type composite substrates. Its completion will fill a domestic gap in this field and address the chokepoint challenge of advanced substrate materials in China.

Leadership Remarks

Following the tour, the official launch ceremony for SinoCrystals' Tianjin composite substrate line began with remarks from Chairman Dr. Mu Fengwen. Mu extended a warm welcome and heartfelt thanks to all leaders and guests. He noted that since establishing operations in Tianjin, SinoCrystals has received strong support from municipal and district governments at all levels, particularly from Binhai High-Tech Zone. He also expressed gratitude for the trust of investors and the dedication of SinoCrystals employees.

Mu emphasized that substrate materials are one of the cornerstones of the entire semiconductor industry. Advanced composite substrate materials represent an emerging technology that will further optimize substrate performance, reduce costs, and help drive breakthroughs in semiconductor technology.

Going forward, SinoCrystals will continue to build on its momentum, guided by a spirit of integrative innovation and boundary-breaking R&D. By delivering diverse new substrate products, the company aims to strengthen the foundation and contribute to the advancement of China's semiconductor industry.

Xia Qinglin, Party Secretary and Director of the Tianjin Binhai High-Tech Zone Administrative Committee, noted that SinoCrystals is an internationally leading semiconductor materials company and one of the high-tech zone's key supported IT innovation enterprises. Since the project's establishment, the administrative committee and relevant departments have closely followed its construction and the company's development. This production line is China's first mass production line for new-type composite substrates, with globally leading technical capabilities that fill a domestic gap. Today's milestone is highly significant.

The launch of SinoCrystals' composite substrate production line represents another important achievement in the joint effort between SinoCrystals and the high-tech zone to build an IT innovation industrial ecosystem, and will undoubtedly have a positive and far-reaching impact on both the company and the zone's development. In closing, Secretary Xia expressed hope that SinoCrystals would leverage its strengths to continue bringing more high-quality upstream and downstream industry chain partners to establish operations in the high-tech zone.

Launch Ceremony

During the ceremony, attending leaders and guests jointly pushed the lever, marking the official start of equipment installation for SinoCrystals' Tianjin composite substrate production line!

The arrival of the first equipment marks a milestone in the construction of the Tianjin composite substrate mass production demonstration line, as the project transitions from cleanroom construction to equipment installation and commissioning. Once operational, SinoCrystals' Tianjin line will become China's first mass production line for advanced composite substrates, filling a domestic gap in this field. This is critically important for China's advanced composite substrate industry to capture a strategic high ground globally.

Yunqi Capital remains focused on "technology innovation, industrial empowerment," with the semiconductor industry as one of its key areas of sustained investment. Beyond SinoCrystals, Yunqi has also invested in outstanding companies including Xingji, Plasmatron, Innosilicon, Wide Energy Semiconductor, and Weichong Semiconductor.