On January 22, 2024, Hubei Xingfu Electronic Materials Co., Ltd. was successfully listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange, injecting new impetus into the localization process of domestic wet electronic chemicals. As a leading enterprise in the field of wet electronic chemicals in China, Xingfu Electronics' successful listing not only brings more financing channels and broader development space for the company, but also provides strong support for the localization process of domestic wet electronic chemicals.
Wet electronic chemicals are one of the key links in the integrated circuit and display panel industry chain, and their quality and performance directly affect the quality and performance of downstream products. However, for a long time, the domestic wet electronic chemical market has been monopolized by foreign companies. In order to break this situation, Xingfu Electronics has always adhered to technological innovation and product research and development. Through continuous technological breakthroughs and innovations, it has successfully achieved comprehensive leadership in electronic grade phosphoric acid, sulfuric acid and other fields.
In the future, with the continuous support of the country for the integrated circuit industry and the rapid growth of the semiconductor material market, the localization process of domestically produced wet electronic chemicals will accelerate. As a leading enterprise in the field of wet electronic chemicals in China, Xingfu Electronics will continue to maintain the momentum of technological innovation and market development, and continuously enhance its international competitiveness. At the same time, the company will strengthen cooperation and communication with upstream and downstream enterprises in the industrial chain, jointly promoting the development and growth of the domestic wet electronic chemical industry.