Advanced Silicon Technology receives investment from Shanghai Integrated Circuit Fund

It has added new investors, including Shanghai Integrated Circuit Industry Investment Fund, Shanghai Technology Venture Capital (Group), Shanghai S&T Venture Capital (Group), Shanghai Nietong Information Consulting, etc.

According to data from Tianyancha, recently, Shanghai Advanced Silicon Technology Co., Ltd. has undergone commercial registration changes.

It has added new investors, including Shanghai Integrated Circuit Industry Investment Fund, Shanghai Technology Venture Capital (Group), Shanghai S&T Venture Capital (Group), Shanghai Nietong Information Consulting, etc.

Shanghai Advanced Silicon Technology was established in July 2008 with a registered capital of approximately RMB 1 billion and its legal representative is Chen Meng.

The company’s business scope includes the cutting and wholesale of semiconductor materials and special metal materials; the research and development of semiconductor materials; the research and development and wholesale of optoelectronic crystal materials, semiconductor devices, optoelectronic devices, and electronic components.

At present, the largest shareholder of the company is Ruidian Investment Management Co., Ltd., with a shareholding ratio of 28.65%; Shanghai Integrated Circuit Industry Investment Fund is the third largest shareholder with a shareholding ratio of 13.50% .

According to its official website, it includes Shanghai Advanced Silicon Technology and Chongqing Advanced Silicon Technology.

Shanghai Advanced Silicon Technology began operation in April 2010, with a land of about 50 acres and a plant of about 30,000 square meters.

The company includes materials research institute, equipment technology center, silicon wafer manufacturing, sapphire manufacturing, artificial crystal growth and other departments.

The company’s mission is to provide high-quality large-size silicon wafers to global integrated circuit manufacturers.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/08/advanced-silicon-technology-receives-investment-from-shanghai-integrated-circuit-fund/.

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