Ningbo Microchip New Material Technology

About Ningbo Microchip New Material Technology

Ningbo Microchip New Material Technology Co., Ltd. (also known as Weixin New Material) is a company focused on the research, development, production, and sale of specialized chemicals for the semiconductor industry. Founded on July 18, 2018, by Dr. Yao Zhiyi, the company aims to address domestic supply chain gaps in semiconductor raw materials. Dr. Yao and the founding team leverage their experience in pharmaceutical ingredients and organic optoelectronic material synthesis to develop high-purity, cost-effective, and environmentally friendly products.

The company's core offerings include KrF/ArF photoresist resins and monomers, such as pACS, pTBS, and PEES, as well as high-purity electronic solvents like PGMEA and PGME. It has developed its own proprietary process technology for producing these monomers and operates a professional purification platform for electronic-grade chemicals. Weixin New Material provides customized solutions, working with clients to meet specific business needs and reduce costs. Its products have received certification from international customers in Japan and Korea and are sold in large quantities.

The company has undergone several funding rounds, raising over $22.6 million from investors including Addor Capital, Co-Stone Capital, and Longi-silicon Ventures. Weixin New Material has established multiple production bases. Its subsidiary in Guigang, Guangxi, began operations in January 2020 and received high-tech enterprise and ISO9001 certifications in 2021. A new facility in Huzhou, Zhejiang, is planned to expand its production of wet electronic chemicals.