Fujian's "Zhongwei Semiconductor" Completes Angel Round Financing, with Xiamen High - tech Investment Making the Investment | Exclusive Report by 36Kr

Author | Zhou Qinbing

Editor | Peng Xiaoqiu

Yingke has learned that Fujian Zhongwei Semiconductor Materials Co., Ltd. (hereinafter referred to as "Zhongwei Semiconductor") has received a 5 million yuan angel round of financing from Xiamen High - tech Investment and plans to conduct a tens of millions of yuan Series A financing next year. The funds from this round will be mainly used for the construction of equipment and factories for high - purity lithium sulfide, the core electrolyte material for solid - state batteries.

Founded in 2021, "Zhongwei Semiconductor" is a new materials company focusing on semiconductor - grade ultra - high - purity metals, high - purity compounds, and solid - state battery electrolyte materials. It integrates R & D, trial production, manufacturing, and sales. The company's products mainly include all - solid - state battery materials and semiconductor - grade ultra - high - purity metal materials, which can be used in industries such as new energy vehicles, missile guidance and defense, aerospace, high - end medical testing, and infrared chip materials.

In 2025, the annual production of new energy vehicles in China exceeded 10 million for the first time. In the future, there will still be a large demand for new energy vehicles. The State Council has clearly stated that "by 2027, the proportion of new energy vehicles in newly added vehicles should strive to reach 45%."

Solid - state batteries will also be the core direction of the next - generation battery technology. According to the prediction of the China Electric Vehicle 100 Committee, all - solid - state batteries will start to be installed in vehicles in 2027 and achieve mass - production applications in 2030. The cruising range will be twice that of traditional batteries, and the cost will be reduced by 25%. It is understood that currently, "Zhongwei Semiconductor" has a mass - production capacity of 10 tons of high - purity lithium sulfide (the core electrolyte material for solid - state batteries), which can supply about 400,000 vehicles. The expected output of lithium sulfide in the future is 100 tons.

Founder Wang Zhongbing said, "Although the verification cycle for customers is long, once they adopt our products, the customer stickiness is relatively high." The company has obtained market share and customer recognition by making an early layout in the new energy industry, accumulating technology, products, and experience. Currently, the company has become a major supplier in the industry, with more than 30 cooperative customers, including leading enterprises in the industry.

In addition, the company's ultra - high - purity semiconductor materials can also be used in high - potential development areas such as infrared chips, solar power generation, and high - end medical equipment.

As the "industrial brain", the ultra - high - purity metal and compound materials for chips have long been monopolized by international manufacturers such as 5N PLUS in Canada, RASA in Japan, Riber in France, and Indium Corporation in the United States. There is still a "bottleneck" problem in China's chip industry, and domestic substitution is still the future development trend.

For example, in the photovoltaic field, the application of cadmium telluride single crystals and copper indium gallium selenide flexible thin - film materials in the solar energy industry is moving from the laboratory to industrialization. Their core value lies in breaking through the spectral response limitations of traditional solar cells and achieving efficient utilization of the full spectrum of sunlight.

Another major trend is the integration of military and civilian use. As the core medical materials, using military infrared detection chip materials in medical CT and electron paramagnetic resonance equipment will greatly improve the clarity and accuracy of medical testing. However, there is still the problem of high prices in the conversion from military to civilian use.

The company's ultra - high - purity infrared chip materials have been verified by multiple military units and research institutions, and small - batch orders have been received. Mass - supply will start next year.

The technical team is the company's greatest advantage. It includes members from the Sichuan Emei Semiconductor Research Institute. It is one of the few domestic teams that master the purification processes of more than 20 kinds of ultra - high - purity metals and compounds. The team members have also been deeply involved in the industry for more than 20 years and have the advantage of technological inheritance from projects such as the "Two Bombs" and "Shenzhou". The company has been certified as a national high - tech enterprise and a technology - based small and medium - sized enterprise, and has 4 invention patents and 14 utility model patents.

The comparable companies in the same industry are mainly Guangdong Advanced Material Co., Ltd. and Emei Semiconductor Materials Research Institute. In comparison, "Zhongwei Semiconductor" has two main advantages: one is the integration of the industrial chain, that is, the integration of upstream mineral resources; the other is the advantages in technology, products, and the market. In the future, the company will introduce foreign technical teams for further development and expand the international market when appropriate.

Investors' views:

Views of Xiamen High - tech Investment, the leading investor in the angel round: Zhongwei Semiconductor's technical team has been deeply involved in the high - purity industry for more than 20 years. Relying on the independently constructed core technology systems such as chlorination reduction and zone melting, they have overcome the industry problem of precise control of trace impurities and successfully achieved the stable large - scale mass production of semiconductor - grade high - purity materials and solid - state battery electrolyte raw materials, providing core basic material support for industries such as compound semiconductors, infrared guidance, and solid - state batteries. We are optimistic about the company's "materials - process - equipment" trinity technology moat, using high - purity materials as a fulcrum to leverage high - growth sectors such as national defense and military industry and new energy, and jointly build the underlying foundation for China's high - end manufacturing. We hope that this investment can help Zhongwei Semiconductor accelerate the large - scale application of existing products and the industrialization of strategic products under research, and continuously inject self - controllable core material momentum into downstream industries.