Recently, Hunan Dezhi New Material Co., Ltd. completed a strategic financing of hundreds of millions of yuan. This round of financing by the National Venture Capital (Beijing) Zhizao Fund, Bohua Capital (Wuxi Fund), Yuanhe Heavy Yuan, Hengxin Huaye jointly led the investment, CITIC Securities Investment, China Motor Capital, Shanzheng Investment, Bank of Communications International, Guoshun Investment and other investment, potential to take the capital as financial advisers. The financing is mainly used for Dezhi New Material Zhuzhou, Wuxi two production capacity expansion and research and development investment, through strong industrial support and capital endorsement, to help domestic substitution.

SiC coated graphite parts have excellent thermal shock resistance, oxidation resistance, airflow erosion resistance, low gas permeability, acid and alkali resistance, and have good chemical and mechanical compatibility with graphite materials, and can still exist stably above 1200 ℃. Therefore, in the epitaxial process of semiconductor materials, the SiC coating can protect the graphite susceptor substrate material, improve performance, purify the epitaxial growth environment, and extend the service life of graphite components. In the semiconductor chip process, graphite and SiC components are widely used in silicon wafer manufacturing, epitaxial growth, etching, ion implantation, oxidation diffusion and other processes. SiC coated graphite products and solid SiC etching ring products are key consumables in the field of chip manufacturing, the localization of SiC products to solve the semiconductor equipment upstream parts supply chain security issues, to meet the national high-end equipment manufacturing industry transformation and upgrading needs, has great strategic significance.

Dezhi New Material has independent research and development of production equipment, with graphite purification, precision processing, precision testing, CVD coating and other complete production and manufacturing chain, in the SiC coated graphite workpiece design, processing and CVD process has the core patent technology and competitive advantage. In the CVD process, Dezhi New Material independently developed deposition equipment, and has many years of process accumulation from academic to mass production, with a deep understanding of product application scenarios, and flexible and customized material design and manufacturing capabilities. At present, Dezhi New Material has developed a series of semiconductor SiC component products such as LED epitaxial equipment components, third-generation semi-epitaxial equipment components, silicon-based epitaxial equipment components, SiC etching rings, SiC crystal boats, etc. Dezhi's product performance and evaluation index are among the top in the country, comparable to the level of foreign manufacturers. Among them, Dezhi New Material has achieved technological breakthroughs in 12-inch silicon wafer epitaxy with SiC-coated graphite discs and solid SiC etching ring products, becoming a well-known enterprise with very little mass production capacity in China.

Dezhi New Material will continue to invest in and optimize R & D and product layout, continuously improve the core competitiveness of products and services, and is committed to growing into a platform-level materials company with CVD technology as the core, and contribute to further promoting the transformation and upgrading of the domestic semiconductor industry.

Chai Pan, founder and chairman of Dezhi Xincai, said:

This round of financing, Dezhi will be mainly used for the Yangtze River Delta R & D Center and Zhuzhou Phase II production base construction. Thank investors for their recognition and trust in Dezhi. Dezhi has been established for 6 years. Riding on the east wind of the times, we have developed rapidly. In the future, we need to increase investment in research and development, overcome difficulties, and establish a domestic independent and controllable manufacturing chain with all colleagues in semiconductors.

Guofeng Investment (Beijing) Zhizao Fund Investors said:

Silicon carbide coating parts are an indispensable key consumable in semiconductor manufacturing links such as epitaxial growth, oxidation diffusion, and etching. At present, the domestic market is basically monopolized by foreign companies, which severely restricts my country's semiconductor manufacturing industry chain. Dezhi New Material is one of the enterprises with advanced technology in this field and mass production in China. The National Venture Capital (Beijing) Zhizao Fund invests in Dezhi New Material, which is to closely focus on the functional positioning of the fund, play a demonstration leading and leading role, aim at the key technical links of the "stuck neck", the "breakpoints" of the industrial chain and the weak shortcomings of the supply chain, support the scientific and technological innovation of central enterprises, including small and micro enterprises, boost the strong chain of central enterprises, and ensure the safety and independent control of China's integrated circuit industry chain.

Hengxin Huaye investors said:

Silicon carbide material components are the key materials in semiconductor equipment and manufacturing process, which directly affect the processing of semiconductors. The industry has high barriers to entry, harsh requirements for technology and product quality, and long testing cycles. At present, localization has just started and the industry is developing rapidly. The founding team of Dezhi has both strategic vision, actual combat experience and fighting spirit. The technical team has a solid accumulation. Hengxin Huaye will accompany this outstanding team to develop and grow in the future, continuously assist the localization and innovation of silicon carbide material components for semiconductors.

CNRC Capital Investors said:

This investment will accelerate the cooperation process between Dezhi and CNR in the semiconductor field, play the role of "strong chain, solid chain and complementary chain" in the semiconductor industry chain of CNR, and contribute to the continuous scientific and technological innovation, technological progress and industrial development of CNR in the semiconductor field. Centering on the "seven new breakthroughs" of CNR, the CNR Transformation and upgrading Fund continues to explore mature enterprises with independent innovation capabilities in the upstream and downstream of the industrial chain, increase support for enterprises in the upstream and downstream industrial chain, and promote the innovation, coordination and rapid development of enterprises in the upstream and downstream of the industrial chain.

Yama Securities Investment Investors said:

Shanzheng has long been concerned about platform-type material growth projects, especially in the downstream market space is broad, fast-growing areas. We are optimistic about the application prospects of the heat-resistant material growth technology of Dezhi New Material in power semiconductors, advanced process logic chips and other fields. Silicon carbide-based power devices with smaller energy loss and significantly reduced volume are promising in the field of new energy, and the localization of advanced process wafer manufacturing equipment supplies is imminent. Dezhi accurate card position these areas of urgent growth and replacement demand, is expected to create a number of growth curves based on its precision coating technology, to become a domestic semiconductor equipment precision components enterprises.

Bank of Communications International Investment (Hangzhou) investors said:

BOCOM Investment (Hangzhou) Fund continues to focus on and explore potential investment opportunities in the semiconductor sector. Silicon carbide, as a mature three-generation semi-material, is playing an increasingly important role in the semiconductor industry chain. Dezhi New Material is a well-known enterprise in the domestic silicon carbide consumables subdivision industry. The team has rich experience and advanced technology. Under the forward-looking strategic planning, it is the first to achieve mass production of key products, and rely on the underlying core technology to develop multiple curves at the same time. It is believed that in the future, it will become an indispensable and important force in the domestic substitution of key materials in my country's "stuck neck.

Tang Xinfang, partner of the potential by capital, said:

We have long been concerned about and support the localization of semiconductor manufacturing. For a long time, the development of equipment and materials has been a weak link in my country's semiconductor manufacturing, and has long been monopolized by the United States, Japan, Germany and other countries. SiC components are widely used as consumables or parts throughout the entire semiconductor manufacturing process, and have been one of the key materials that have been "stuck. After several years of research and development accumulation, Dezhi has realized the domestic replacement of SiC component products, and has become one of the few companies with mass production capacity in the fields of 12-inch Si epitaxial consumables and solid SiC etching rings. Potential by capital firmly optimistic and support the new material and its management team, ambitious goals, strategic clarity, pragmatic and enterprising, believe that the new material will become a platform-level materials company. We are very honored to be able to fight side by side with De-Zhi and work together for the rise of China's semiconductor industry.