CCMC

What CCMC does

CCMC (Hangzhou Zhongxin Silicon Wafer Semiconductor Co., Ltd., 杭州中欣晶圆半导体股份有限公司) is a Chinese semiconductor-grade silicon wafer manufacturer producing 4–12 inch polished wafers and 8–12 inch epitaxial wafers as the foundational substrate for integrated circuit fabrication. The company operates a vertically integrated production chain spanning single-crystal ingot growth via the Czochralski method, slicing, lapping, polishing, epitaxy, and cleaning, with proprietary process IP for COP-free defect control, three-stage gradient polishing, three-step metal-contamination purification, and thermal-field oxygen enhancement. Six factories across four production bases (Hangzhou headquarters, Shanghai, Lishui with two facilities including China's largest epitaxial wafer base, and Ningxia for ingot pulling) provide 1M+ pieces/month aggregate capacity and 100,000 sqm of cleanroom-grade production floor area.

The company originated as the Shanghai Shenhe Semiconductor Wafer Division of Japan's FerroTec (Magnetic Technology Holdings) in 2002, was incorporated as a domestic entity in Hangzhou Qiantang District in 2017, completed equity restructuring to separate from Japanese capital in 2020, and listed on the NEEQ Innovation Layer under stock code 874810 on October 22, 2025, concurrently raising 610M RMB via directed issuance. CCMC serves integrated circuit fabs — logic, flash memory, DRAM, CMOS image sensors, display driver ICs, power semiconductors, MOSFET, BCD, IGBT, IRD — and increasingly GaN power device makers via a recently launched 8-inch heavy boron-doped ultra-thick wafer. Revenue model is direct B2B hardware sales through long-term enterprise supply contracts, with pricing determined per specification, volume and customer agreement rather than published list pricing. End markets span consumer electronics, AI/HPC compute, automotive, industrial, 5G/6G and defense, with domestic supply chain localization positioned as the central strategic thesis.

Name

CCMC

Legal name

杭州中欣晶圆半导体股份有限公司

Website

http://www.ftwafer.com/en/index.php/welcome.html

Company type

Public

Founded year

2017

Operating status

Ipo

Short description

CCMC (Hangzhou Zhongxin) manufactures 4-to-12-inch semiconductor-grade polished and epitaxial silicon wafers through six factories across China, serving integrated circuit fabs for logic, memory, power and GaN device applications.

Ownership category

akta.pro rank

Product category

Semiconductor Silicon Wafers

NAICS

Semiconductor and Related Device Manufacturing (334413), Semiconductor and Other Electronic Component Manufacturing (33441)

SIC

Semiconductors & Related Devices (3674)

akta.pro primary industry

Silicon Wafers (Prime/Test/SOI) (HDAHAGAA)

akta.pro secondary industry

Epitaxy Materials & Services (Epi Wafers/MBE/MOCVD) (HDAHAGAC)

Keywords

• Semiconductor silicon wafers
• Polished wafers
• Epitaxial wafers
• Single crystal ingots
• Wafer manufacturing

Headquarters

HQ city

Hangzhou

HQ country

China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Infrastructure, Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Semiconductor Silicon Wafer Sales: Primary revenue stream from manufacturing and selling semiconductor silicon wafers (4-12 inch polished wafers and epitaxial wafers) to integrated circuit manufacturers (fabs) worldwide. Revenue is recurring as customers require regular wafer supply, with long-term supply contracts and stable relationships.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

CCMC manufactures and sells semiconductor-grade silicon wafers in diameters from 4 to 12 inches, including polished wafers and epitaxial (EPI) wafers, with full in-house production covering single crystal ingot growth via the Czochralski method through slicing, lapping, polishing, cleaning, and epitaxial deposition. Its products serve as the foundational substrate material for integrated circuit manufacturers producing logic chips, DRAM, NAND flash, CMOS image sensors, display driver ICs, power devices (MOSFET, BCD, IGBT), and GaN-based power devices. The company sells directly to domestic and international fabs under long-term supply agreements.

Product overview

CCMC (Hangzhou Zhongxin Semiconductor Wafer Co., Ltd.) is a semiconductor silicon wafer manufacturer offering a complete full-size product portfolio spanning 4 to 12-inch polished wafers and 8 to 12-inch epitaxial wafers. The company operates an integrated production system covering the full value chain from single crystal silicon ingot growth (Czochralski method) through wire cutting, lapping, grinding, polishing, annealing, epitaxial growth, and cleaning. The core product line consists of: 4-6 inch polished wafers and 8-12 inch polished wafers (including COP-free, annealed, and specialty resistivity variants) manufactured at Hangzhou and Shanghai facilities; 8-12 inch epitaxial (EPI) wafers (N-type and P-type) produced at the Lishui epitaxy facility, which is China's largest epitaxial wafer production base; and specialty products including single crystal silicon ingots (4-12 inch, including 12-inch 450kg feeding ingots) manufactured at the Ningxia ingot pulling plant. CCMC's products serve diverse applications including logic chips, flash memory, DRAM, CMOS image sensors (CIS), display driver ICs (DDIC), power semiconductors, MOSFETs, BCD integrated circuits, and GaN-based power devices. The company positions itself as a key enabler of domestic semiconductor material substitution, providing the foundational substrate layer for chip manufacturing across consumer electronics, automotive, industrial control, AI computing, and 5G/6G communications sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• 12-inch Polished Silicon Wafers 300mm diameter semiconductor polished silicon wafers (COP-free/annealed variants) for logic chips, DRAM, NAND flash memory, and CMOS image sensors. CCMC's flagship large-diameter product with monthly production capacity exceeding 400,000 wafers and scaled supply to major fabs in China and internationally.
• 8-inch Polished Silicon Wafers 200mm diameter semiconductor polished silicon wafers used as base substrates for integrated circuits and discrete semiconductor devices, manufactured at Hangzhou and Shanghai facilities as part of CCMC's full-size product matrix.
• 8-12 inch Epitaxial Silicon Wafers Silicon wafers with an epitaxial layer (N-type and P-type variants, including heavily doped arsenic, red phosphorus, and antimony substrates) for advanced process nodes (28nm and below). Applications include power semiconductors, BCD, CIS, MOSFET, and memory devices. Produced at CCMC's Lishui epitaxy facility, China's largest epitaxial wafer production base.
• 4-6 inch Polished Silicon Wafers 100-150mm diameter semiconductor polished silicon wafers for discrete devices and mature-process applications, completing CCMC's full-size product lineup from 4 to 12 inches.
• 8-inch Gallium Nitride Epitaxial Preparation Heavy Boron-doped Ultra-Thick Polished Silicon Wafer Domestically developed 8-inch heavily boron-doped ultra-thick polished silicon wafer engineered for GaN epitaxial preparation, with low surface roughness control, metal Cu control, flatness/curvature control, segmented wax coating, special backside thin film growth, and polished surface particle control. Used in GaN power devices for 5G/6G communications, lidar, new energy vehicles, aerospace, and defense.
• Single Crystal Silicon Ingots (4-12 inch) Semiconductor-grade monocrystalline silicon rods (4-12 inch) produced via the Czochralski (CZ) growth method. The 12-inch 450kg feeding ingot variant achieves net weight 437.7kg, body length 2900mm, and yield rate 87.6%. Produced primarily at the Ningxia facility using 32-inch thermal field crystal furnaces with maximum loading capacity of 500kg. Sold as upstream/intermediate product within CCMC's vertically integrated supply chain.

Quantifiable outcome

• 2025 annual sales exceeded 10 million pieces; March 2026 monthly sales exceeded 1.2 million pieces, with 12-inch sales exceeding 400,000 pieces/month
• +3 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• 粤芯半导体技术股份有限公司 (Yuexin Semiconductor Technology)coreOthers · 1 January 2025CCMC received the 精诚协作奖 (Excellence in Collaboration Award) from Yuexin Semiconductor in 2025. Yuexin is a major domestic semiconductor manufacturer and CCMC's customer, with CCMC supplying silicon wafers for their chip production. The award recognizes mutual support, collaborative problem-solving, and joint advancement in the semiconductor supply chain.
• 上海新傲科技股份有限公司 (Shanghai Xinao Technology)coreOthers · 1 January 2025CCMC received the 2025年度最佳合作伙伴奖 (Best Partner of the Year Award) from Shanghai Xinao Technology in 2025. Shanghai Xinao is a leading domestic semiconductor materials company. The partnership involves deep technical collaboration and resource sharing in the semiconductor materials sector, with stable cooperation models and coordinated operations achieving mutual benefit.
• 芯联集成电路制造股份有限公司 (Xinlian Integrated Circuit Manufacturing)coreOthers · 1 January 2025CCMC received the 2025年度合作创新奖 (Cooperative Innovation Award) from Xinlian Integrated Circuit Manufacturing in 2025. The collaboration focuses on joint technology development and product optimization in semiconductor silicon wafer applications and process upgrades, leveraging CCMC's technical barriers and Xinlian's manufacturing advantages to break through bottlenecks and explore innovative paths.
• 湖北省半导体行业协会 (Hubei Semiconductor Industry Association)minorOthers · 1 August 2021CCMC officially joined the Hubei Semiconductor Industry Association as a special member unit in August 2021. The association, initiated by Yangtze River Storage Technology, brings together semiconductor companies and research institutions in Hubei Province. CCMC joined to strengthen exchanges and cooperation with peers in the Hubei semiconductor industry and better understand downstream companies' market demand for large silicon wafers.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Shin-Etsu Chemical: Global #1 silicon wafer supplier across all diameters and the dominant player in 300mm wafers. Directly comparable to CCMC as both produce polished and epitaxial silicon wafers for logic, memory, and power fabs, but at vastly greater global scale and process-node depth.
• SK Siltron: Korean silicon wafer manufacturer serving memory and logic fabs globally, with growing 300mm capacity. Comparable to CCMC in 12-inch wafer production for memory and logic applications and in pursuing advanced-node qualifications, though with deeper memory-customer penetration.
• Siltronic: Germany-based global silicon wafer manufacturer specializing in 300mm wafers for advanced semiconductor fabs. Comparable to CCMC in 12-inch polished wafer production but with stronger qualifications at sub-28nm logic nodes and a broader international customer footprint.
• SUMCO: Top-tier Japanese silicon wafer manufacturer and global #2 player, with leading positions in 300mm wafers for advanced logic and memory. Closely comparable to CCMC on product (polished and epitaxial wafers) and customer base (global fabs), though with substantially deeper advanced-node qualifications.

Emerging players

• Soitec: France-based specialty wafer manufacturer focused on SOI (Silicon-on-Insulator) and engineered substrates for advanced nodes and RF/power. Comparable to CCMC's epitaxial and specialty wafer business, particularly as both target advanced-node and RF/power applications, though Soitec focuses on engineered rather than bulk silicon substrates.
• Gritek (Beijing Grish Hitech): Emerging Chinese silicon wafer producer focused on 12-inch polished and epitaxial wafers. Comparable to CCMC as a domestic challenger pursuing import substitution, though with smaller production scale and a narrower product portfolio.

Direct peers

• GlobalWafers: Taiwan-headquartered silicon wafer manufacturer producing polished and epitaxial wafers across all diameters. A direct competitor in 8-inch and 12-inch wafers, with a comparable full-size product matrix and active customer overlap with global fabs.
• TCL Zhonghuan Semiconductor (TZE): Major Chinese silicon materials company producing semiconductor-grade silicon wafers alongside its dominant solar wafer business. A direct domestic peer competing with CCMC in 8-inch and 12-inch polished wafer supply to Chinese fabs.
• National Silicon Industry Group (NSIG): Shanghai-headquartered Chinese silicon wafer manufacturer and one of CCMC's most direct domestic competitors, producing 8-inch and 12-inch polished and epitaxial wafers for Chinese fabs. Highly comparable on product mix, customer base, and localization mandate.

Others

• FerroTec (Shanghai Shenhe): CCMC's former parent and the original operator of the Shanghai Shenhe semiconductor wafer business from which CCMC was carved out. Remains an adjacent player with ongoing licensing, equipment, and historical-IP connections to CCMC and competes in some wafer product lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance21 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CCMC