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SAIC Financial Holdings partners with Shangqi Capital to participate in Shaoguang Core Material's Series C+ funding round

MarsBitNews
Mars Finance News: On June 2, SAIC Financial Holdings, in collaboration with Shangqi Capital, recently completed a C+ round investment in Changsha Shaoguang Semiconductor Materials Technology Co., Ltd. (abbreviated as “Shaoguang Semiconductor Materials”). It is said that Shaoguang Semiconductor Materials is the only company in China that has mastered the full-process core technology for quartz photomask substrate manufacturing and has achieved large-scale mass production. (Chuangtoujia CLUB)
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DAOBackbencher
· 2h ago
The only one in the country means that both pricing power and supply chain security are in your own hands.
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WhaleInAGlassBottle
· 15h ago
Mass production is a hard target; laboratory results and actual sales are two different things. Shaoguang Core Materials has taken a solid step forward.
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TidalShellReflection
· 15h ago
This company in Changsha operates quietly, silently mastering its core technology.
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MildlyMEV
· 15h ago
Quartz photomask substrates may sound niche, but they’re actually a key consumable in chip manufacturing, with ample room for domestic substitution.
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VolatilityOfToastingBread
· 15h ago
The only ones who master the core technology of the entire process and large-scale mass production, this moat is deep enough.
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MintCondition
· 15h ago
SAIC Financial Holdings and Shangqi Capital nailed this investment. Entering in the C+ round indicates that the business model has already proven to be working.
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RiskParityKid
· 15h ago
Domestic semiconductor materials secure another victory; breakthroughs have finally been made in the critical area of quartz photomask substrates.
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