Ding Long Share's Annual Production of 300 Tons of KrF/ArF Photoresist Project Commences Production

Radar Finance | Written by Yang Yang | Edited by Li Yihui

On March 19, Dinglong Co., Ltd. (300054) announced that its controlling subsidiary, Dinglong (Qianjiang) New Materials Co., Ltd., has completed the main factory building and supporting facilities for the “Annual Production of 300 Tons of KrF/ArF Photolithography Resin Industrialization Project” in Jianghan Salt Chemical Industrial Park, Qianjiang City, and has recently begun smooth operation.

This project aligns with international standards and has established China’s first full-process high-end wafer photolithography resin mass production line, offering significant competitive advantages. The company has already developed over 30 high-end wafer photolithography resin products, more than half of which have been sample-tested by clients, with several products achieving stable mass supply.

The successful implementation of this project marks a major breakthrough for the company in the high-end semiconductor materials field and will further strengthen its platform-based strategic layout in this sector.

According to Tianyancha, Dinglong Co., Ltd. was established on July 11, 2000, with a registered capital of approximately 938.28 million RMB. The legal representative is Zhu Shuangquan, and its registered address is No. 1 Dongjinghe Road, Wuhan Economic and Technological Development Zone. Its main businesses include CMP process materials for semiconductor manufacturing, wafer photolithography resins, semiconductor display materials, and advanced semiconductor packaging materials.

Currently, the company’s chairman is Zhu Shuangquan, the secretary of the board is Yang Pingcai, with 3,734 employees. The actual controllers are Zhu Shuangquan and Zhu Shunquan.

The company has stakes in 56 subsidiaries, including DINGTEK (MALAYSIA) SDN. BHD., DINGTEK PTE. LTD., Zhuhai Mingtu Chaojun Technology Co., Ltd., Zhuhai Huada Rui Industrial Park Service Co., Ltd., and Hubei Sanbao New Materials Co., Ltd.

In terms of performance, the company’s revenue for 2022, 2023, and 2024 was approximately 2.721 billion RMB, 2.667 billion RMB, and 3.338 billion RMB, respectively, with year-over-year growth rates of 15.52%, -2.00%, and 25.14%. Net profit attributable to shareholders was approximately 390 million RMB, 222 million RMB, and 521 million RMB, with year-over-year growth rates of 82.66%, -43.08%, and 134.54%. During the same period, the company’s asset-liability ratio was 20.22%, 27.31%, and 34.08%.

Regarding risks, Tianyancha data shows the company has 223 internal Tianyan risks, 282 surrounding risks, 27 historical risks, and 326 warning risks.