Good news | AMTE completes tens of millions of yuan in Series A financing
Time:2019/10/23 11:34:13
Recently, Advanced Materials Technology & Engineering, Inc. (hereinafter referred to as "AMTE") announced the completion of tens of millions of yuan in Series A financing. This round of financing was led by Wuxi Jincheng High-tech, Yida Capital (Provincial High-tech Investment) and Zhanpeng Technology (Shanghai Stock Exchange Main Board 603488) Follow-up investment. Zhanpeng Technology also formally decided to invest in AMTE after fully investigating the market prospects of AMTE’s main business, R&D team R&D capabilities, technical team technical capabilities, sales team sales capabilities, and customer satisfaction. On the afternoon of October 18th, Chairman Jin Peirong of Zhanpeng Technology and Chairman Liao Haitao of AMTE signed an equity investment agreement in Wuxi Zhanpeng Technology Headquarters, and Zhanpeng Technology officially became a strategic investor of AMTE. In the future, Zhanpeng Technology will give AMTE strong support in various fields such as funds, resources, and corporate governance experience. Special thanks to Wuxi Jincheng High-tech, Yida Capital, and Zhanpeng Technology for their recognition and support of AMTE!
▲(Left) Zhanpeng Technology Manager (right) AMTE Manager Liao
After this round of financing, AMTE will continue to increase investment in product R&D and talent team building, and accelerate the R&D and manufacturing of new semiconductor equipment manufacturing under its own brand on the basis of integrated circuit equipment remanufacturing business and authorized new equipment manufacturing business , Especially the special equipment for the new generation of semiconductor materials special technology.
Founded in 2011, AMTE is a semiconductor equipment R&D and manufacturing enterprise. In 2017, it received a multi-million yuan angel round of financing from Wuxi Jincheng High-tech. The company has many years of experience in product R&D and design and semiconductor industrialization. The products cover the remanufacturing of chip manufacturing, etching, thin film, de-glueing and other process equipment and the research and development of new equipment. In the exploration of new processes, it is aimed at group III-V compound semiconductors. The research results have been widely used in many domestic research institutes and customer projects. In addition to the original standard equipment, AMTE also provides a full range of product process solutions such as process upgrades and customized development.
Since the "National Integrated Circuit Industry Development Promotion Outline" was officially released in June 2014, with the multi-field application of artificial intelligence in recent years, China's semiconductor industry has opened the prelude to rapid development. The development of new semiconductor products with a series of cutting-edge technologies such as 5G network, cloud technology, and unmanned driving is in full swing-the technology nodes of the semiconductor industry are also constantly improving, achieving better process technology, higher yield, and greater The production capacity of the semiconductor industry has become an urgent problem to be solved. The explosive growth of the market and national policy support have brought unprecedented opportunities to China’s semiconductor industry. Evantech will rely on its industry experience, technological advantages and innovative courage to work with local partners to contribute to the development and innovation of China’s semiconductor industry. One of the power!
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