PNC Process Systems

Chinese semiconductor equipment manufacturer From Wikipedia, the free encyclopedia

PNC Process Systems (PNC; Chinese: 至纯科技; pinyin: Zhìchún Kējì) is a publicly listed Chinese company that engages in the development and sale of semiconductor equipment mostly notably in wet cleaning.

Quick Facts Trade name, Native name ...
PNC Process Systems Co., Ltd
PNC
Native name
上海至纯洁净系统科技股份有限公司
Company typePublic
SSE: 603690
IndustrySemiconductors
FoundedNovember 13, 2000; 24 years ago (2000-11-13)
FounderJiang Yuan
HeadquartersShanghai, China
Key people
Jiang Yuan (Chairman & CEO)
Revenue CN¥3.15 billion (2023)
CN¥327.97 million (2023)
Total assets CN¥11.92 billion (2023)
Total equity CN¥5.07 billion (2023)
Number of employees
1,811 (2023)
Websitewww.pncs.cn
Footnotes / references
[1]
Close

Background

PNC was founded in 2000 by Jiang Yuan. She was previously the marketing director at Kinetics Process Systems before leaving with her team to establish PNC.[2]

Although the company initially experienced difficulty, according to Jiang by 2010, the company no longer required any loans or external financing.[2]

In 2017, PNC held its initial public offering becoming a listed company on the Shanghai Stock Exchange. Around this time, PNC established its wet cleaning equipment division which became the focus of the company.[3]

In 2019, PNC acquired optoelectronics firm, Bandweaver Technologies for 680 million yuan.[4]

In December 2023, the United States Department of Commerce's Bureau of Industry and Security added PNC to the Unverified List.[5]

In February 2024, The Korea Times reported four Samsung Electronics employees were arrested in the previous month for sharing the company's latest semiconductor surface cleaning equipment technology with PNC.[6]

Customers of PNC include Samsung, SK Hynix, TSMC, SMIC, Hua Hong Semiconductor, Yangtze Memory Technologies, ChangXin Memory Technologies and Silan Microelectronics.[3]

See also

References

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