Recently, Tongchuang Purun made headlines by announcing the successful completion of a pre-IPO funding round that raised over 1 billion yuan. This round was co-led by two prominent investors: Shangqi Capital and SAIC Financial Holdings. Founded in December 2012 by Dr. Yao Lijun and his team, Tongchuang Purun has carved out a niche for itself in the research, development, and production of high-purity metal materials tailored for integrated circuits.

The company boasts a self-reliant industrial chain and production line, thanks to its proprietary core equipment and processes. This independence has allowed Tongchuang Purun to offer a diverse array of ultra-high-purity metals and alloys, which are in high demand among leading global chip manufacturers. Shangqi Capital highlighted the importance of achieving self-sufficiency in the semiconductor industry's supply chain. Despite a growing domestic appetite for high-purity metal materials, the market for high-end products still leans heavily on imports. Tongchuang Purun's technological advancements and industrial layout not only resonate with national strategic goals but also keep pace with the evolving trends in the industry. Moreover, the company's aluminum alloy technology shows promise for branching out into automotive lightweight component applications, opening up new avenues for growth.