Semiconductor Materials Startup Declares Bankruptcy After Just 3 Years

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Suzhou Zhijing Semiconductor Materials Co., Ltd., founded in June 2022, has officially entered bankruptcy liquidation, following a civil ruling issued by the Wuzhong District People’s Court in Suzhou, Jiangsu Province. The company had a registered capital of approximately 5.56 million yuan and was led by legal representative Xu Hao. Its shareholders included eight entities, with Suzhou Xinwei Enterprise Management Partnership holding a 26.17% stake as the largest investor.

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Zhijing specialized in thermal interface materials, focusing on thermally conductive semiconductor packaging materials for semiconductor packaging firms and IGBT/SiC module manufacturers. Its key products included ultra-thin thermal filmshigh-thermal-conductivity metal substrates, and metallized ceramic substrates.

ICgoodFind : The collapse of Zhijing Semiconductor highlights the high technical and financial barriers in the materials sector, where SMEs face intense survival pressures.

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