Jiangfeng Electronics: the company's target products can be used in the production of the third generation semiconductors and IGBT chips.

Published: Nov 26, 2021 14:00

Save

Jiangfeng Electronics said on the investor interactive platform on November 25th that the company's target products can be used in the production of third-generation semiconductors and IGBT chips.

Data show that Jiangfeng Electronics is engaged in the R & D, production and sales of high purity sputtering targets. Its main products include aluminum targets, titanium targets and titanium rings, tantalum targets and tantalum rings. Its R & D and production of ultra-high purity metal sputtering targets fill the gap in China in this field, end the history of product dependence on imports, meet the expanding market demand of domestic enterprises, and successfully obtain the certification of international first-class chip manufacturers. batch application in the global cutting-edge technology in the field of ultra-large-scale integrated circuit manufacturing has become a Chinese force successfully participating in the international market competition in the field of electronic materials.

In 2015, the company was rated as "National intellectual property advantage Enterprise" by the State intellectual property Office, and won the honor of "first prize of technological invention in Zhejiang Province". In 2019, the company ranked 74th in the Top 500 Chinese Enterprise Patent list, and won the honor of "performance Evaluation of Zhejiang Patent Project (Patent Gold Award)".

Relying on the leading technical strength and high-level technical team, Jiangfeng has successively undertaken or presided over a number of national research projects, such as "863 Program key Project", "863 Plan guidance Project", "02 Project" and so on.

In addition, with technological innovation breakthroughs and iterations, the flat panel display industry chain accelerates the migration to mainland China, and its market scale is expected to grow. On April 9 this year, Jiangfeng Electronics plans to issue convertible bonds to raise more than 500 million yuan. After deducting the issuance fee, the company plans to spend 119 million yuan on the construction project of high-purity metal targets and components for flat panel display in Huizhou base, and 246 million yuan on the construction project of high-purity metal targets and components for flat panel display in Wuhan base.

Jiangfeng Electronics said that the implementation of the convertible bond investment project will supply targets and machine-related components to flat panel display manufacturers nearby, which will help the company to further expand the production capacity and market share of high-purity metal sputtering targets and related machine components for flat panel display, and enhance the company's profitability and comprehensive competitiveness.

Chips semiconductors

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 for 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

12 hours ago

[SMM Flash] Rising Chinese Ferrochrome Output Adds to South Africa's Smelting Recovery Challenge

Merafe Resources' latest results highlight the growing competitive challenge posed by China's expanding ferrochrome industry as South African producers seek to restore smelting capacity. Merafe's market review shows that Chinese ferrochrome output increased by more than 6% in 2025 to approximately 9.5 million mt, accounting for around 60% of global supply, while South African production declined by about 50%. The company attributed China's growth to the commissioning and higher utilization of lower-cost smelting capacity, particularly in the second half of 2025. For South Africa, the recovery of ferrochrome smelting therefore remains dependent not only on improving energy costs but also on global demand and the competitive supply environment. Merafe states that the medium- to long-term viability of its smelting operations requires materially lower energy costs together with sustained improvement in global ferrochrome and steel demand and prices. SMM sees China's expanding, lower-cost ferrochrome capacity as an important factor that South African producers will need to consider as idled capacity gradually returns.

12 hours ago

13 hours ago

[SMM Flash] South African Chrome Ore Traders Sound Alarm Over Widening Local Price Disconnect with International Buyers

A growing gap between local prices and what international buyers are offering has become a mounting concern among South African chrome ore traders, with industry participants warning that the market is being skewed by pricing benchmarks that do not reflect the true cost structures of reliable, large-scale operations. Several traders have told SMM that international buyers are increasingly anchoring their offers to prices set by smaller traders operating low-cost wash plants. These smaller operations have significantly lower overheads and can afford to sell at levels that bear little resemblance to the actual production and logistics costs borne by larger, more established producers. Traders stress that international buyers are treating these low-end prices as market benchmarks without distinguishing between the vastly different value propositions offered by small-scale suppliers versus major operations backed by large, secure mines. Traders representing partnerships with big South African chrome ore mines point to key value-adds that justify a premium over low-cost wash-plant supply — value-adds they feel are being systematically overlooked. These include stronger quality assurances, greater resilience in supply continuity during adverse conditions, and the ability to sign firm contracts guaranteeing fixed volumes on consistent, agreed schedules such as weekly deliveries. Moisture content, a recurring buyer concern, was highlighted as an area where established operators can offer greater control and reliability — a point given added relevance by the severe winter weather that has recently hit South Africa, with a cold front and cut-off low pressure system bringing heavy snow, disruptive rain, strong winds and freezing temperatures across parts of the country. The broader concern among South African traders is that international buyers are not adequately factoring operations costs, operational stability, supply certainty, and quality assurance into their pricing decisions. With the gap between low-cost, smaller-scale supply and premium, large-scale production widening, traders are calling for greater market awareness of the cost realities and service levels that differentiate reliable, long-term partners from spot-market players offering bargain prices without the same commitments.

13 hours ago

17 hours ago

Today, magnesium market transactions recovered, and the price center edged up slightly [SMM Magnesium Ingot Spot Express Report]

[Magnesium Market Trading Volume Recovered Today, Price Center Edged Slightly Up] Today, producers’ sentiment to hold prices firm was strong, and magnesium prices faced difficulty in dropping further. Affected by this, some traders entered the market to purchase in the afternoon, pushing up trading volume once again. Magnesium prices showed a climbing trend, with multiple magnesium plants closing deals at 15,900 yuan/mt. Currently, some producers are temporarily not selling at 15,900 yuan/mt.

17 hours ago