Hengkun, a domestic photoresist manufacturer, terminated the listing of the new third board from May 24.

Published: May 24, 2021 14:03
Recently, Xiamen Hengkun New material Technology Co., Ltd. (abbreviated as: Hengkun Co., Ltd.) submitted an application for termination of stock listing to the National small and medium-sized Enterprise share transfer system Co., Ltd. In accordance with the provisions of the Business rules of the National share transfer system for small and medium-sized Enterprises (for trial implementation), it is decided to terminate the listing of its shares as of May 24, 2021.

Recently, Xiamen Hengkun New material Technology Co., Ltd. (Hengkun Co., Ltd.) submitted an application for termination of stock listing to the National small and medium-sized Enterprise share transfer system Co., Ltd. In accordance with the provisions of the Business rules of the National share transfer system for small and medium-sized Enterprises (for trial implementation), it is decided to terminate the listing of its shares as of May 24, 2021.

Data show that Hengkun is committed to ploughing the field of semiconductor materials, mainly for the domestic semiconductor industry 12-inch chip manufacturers to provide precursors, photoresist and other semiconductor materials. Hengkun Company adopts the technical route of combining independent research and cooperative development, and has established strategic cooperative relations with a number of international well-known semiconductor material manufacturers to introduce foreign advanced semiconductor materials and technology. and promote the localization of semiconductor materials and the landing of semiconductor material R & D center.

In June 2017, the precursor products passed the test in international IC factories, began to supply in bulk, and obtained the supplier qualification of other two domestic IC manufacturers in November. Following the precursors, photoresist was successfully introduced into IC in January 2018 and began to be supplied in batches. The volume of semiconductor-related business in 2019 has exceeded 100 million yuan. The company has established a good strategic cooperative relationship with customers in the trade stage.

In January 2019, Hengkun established a second-class subsidiary Fujian Hongguang Semiconductor Materials Co., Ltd., which started the process of localization of high-end photoresist. The project began trial production in September 2019 and was officially mass-produced at the beginning of 2020. Hengkun Co., Ltd. is the first domestic enterprise to land the ultra-high purity precursor of integrated circuits and the local chemical plant of high-end photoresist at the same time, which fills the gap of advanced semiconductor electronic materials in China.

In the first half of 2020, the total operating income of Hengkun shares was 66.4916 million yuan, a decrease of 47.3405 million yuan or 41.59% over the same period last year. The net profit belonging to the shareholders of the listed company was-5.8894 million yuan, a decrease of 11.6489 million yuan or 202.26% compared with the same period last year.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
Feb 7, 2026 17:54
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
Read More
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
[Tungsten Concentrate Tender Information] SMM February 7: A mine in Henan conducted an online tender on February 6 to sell 300 metric tons of low-grade tungsten concentrate. Lot A had an average WO3 grade of ≥25%, while Lots B and C had an average WO3 grade of ≥22%. The tender results for each lot are as follows: Lot A: 100 metric tons, tender price of 10,155 yuan/mtu. Lot B: 100 metric tons, tender price of 10,160 yuan/mtu. Lot C: 100 metric tons, tender price of 10,155 yuan/mtu.
Feb 7, 2026 17:54
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
Feb 7, 2026 17:48
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
Read More
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
[Ganzhou Tungsten Industry Association's February Tungsten Price Forecast] The Ganzhou Tungsten Industry Association's forecast prices for the tungsten market in February 2026 are as follows: 55% black tungsten concentrate at 670,000 yuan per metric ton unit, up 210,000 yuan per metric ton unit MoM from the January price, an increase of 45.65%; ammonium paratungstate at 970,000 yuan/mt, up 300,000 yuan/mt MoM, an increase of 44.78%; medium-grain tungsten powder at 1,630 yuan/kg, up 480 yuan/kg MoM, an increase of 41.74%.
Feb 7, 2026 17:48
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
Feb 7, 2026 17:39
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
Read More
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
Driven by tight spot raw material supply, a sharp hike in corporate long-term contract prices and festive effects, the tungsten market saw price rises on shrinking volumes this week with domestic and overseas markets moving up in tandem; the strong short-term trend is set to continue, and attention should be paid to the resumption of cemented carbide production, scrap tungsten supply and downstream demand release after the Spring Festival.
Feb 7, 2026 17:39
Hengkun, a domestic photoresist manufacturer, terminated the listing of the new third board from May 24. - Shanghai Metals Market (SMM)