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Fujian Deer Technology
Development, production and sales of fluorine-containing electronic gases, high-purity reagents for semiconductors, new energy materials, basic fluorine chemical materials and multi-series…
About Fujian Deer Technology
Fujian Deer Technology Co., Ltd. operates as a manufacturer and recycler of electronic-grade chemicals, positioning itself within the fluorochemical industry. Founded in June 2014 by Chairman Hua Xiangbin, along with co-founders Lai Zongming and Huang Tianliang, the company is headquartered in Longyan, Fujian, China. Hua Xiangbin, a graduate of the Longyan Industrial School, began his career as a factory worker and engineer before venturing into entrepreneurship, founding Fujian Longfu Chemical Co., Ltd. in 2007. Recognizing the limitations of basic chemicals, he established Fujian Deer Technology to focus on higher-value semiconductor materials.
The company's business is centered on the research, development, production, and sale of a wide range of fluorine-containing new materials. This includes fluorochemical basic materials, new energy lithium battery materials, specialty gases, and semiconductor wet electronic chemicals. Its product portfolio serves strategic emerging industries such as semiconductor chips, LED chips, flat panel displays, communication optical fibers, power and energy storage batteries, and ultra-high voltage power transmission. Fujian Deer Technology's client base includes major international corporations like Samsung, Toshiba, Intel, TSMC, and Linde, indicating its role as a key supplier in the global electronics supply chain. The business model involves manufacturing and direct sales of these specialized chemical products, covering the entire process from raw material production to end-user supply and waste gas recycling.
The company's offerings are extensive, featuring products like sulfur hexafluoride (SF6), carbon tetrafluoride (CF4), trifluoromethane (CHF3), and octafluorocyclobutane (C4F8). A significant achievement is being one of the few domestic enterprises in China capable of producing high-end semiconductor-grade wet electronic chemicals and TFT functional mixed reagents. It has developed the capacity to produce G5-level electronic-grade hydrofluoric acid and G4-level electronic-grade BOE/SIO etching solutions. The company has secured substantial funding to support its growth, including a Series A round of nearly 1.18 billion RMB in August 2021 and a Pre-IPO round of 2.036 billion RMB in September 2022. Despite filing for an IPO on the Shanghai Main Board with plans to raise over 1.9 billion RMB, the company later withdrew its application in August 2025.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Sep 2022 | $291M | $1.2B | Anhui Transportation Zhaoshang Industry Investment Fund | ↗ |
| SERIES AOther financing | Aug 2021 | $0 | — | Undisclosed | — |
Growth signals
Latest recorded traffic for Fujian Deer Technology is 2K monthly website visits, up 53.8% over the last three months. Fujian Deer Technology's team grew 0% over the past year.
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Investors
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Series B and later1 investor entered at this stage
- AFAnhui Transportation Zhaoshang Industry Investment Fund
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