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Konfoong Materials International Co., Ltd. (China)

Main Activities: Fabricated Metal Product Manufacturing
Full name: Konfoong Materials International Co., Ltd. Profile Updated: May 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Konfoong Materials International Co., Ltd is a high-tech enterprise established in Yuyao in 2005. The company was formed by a team of overseas returnees with a high level of education. It has a registered capital of 17.33 million US dollars and a total investment of 50 million US dollars. Konfoong Materials is a leading base in China engaged in the research and development and production of ultra-high purity sputtering targets for integrated circuit chip manufacturing. The company holds independent intellectual property rights and its products were awarded the "China Semiconductor Innovation Product and Technology Award" in 2009. Konfoong Materials broke the historical reliance on imported similar products in China, filling the gap in the country's industry and technology. It has become the only Chinese company capable of competing with multinational corporations from the United States and Japan. The company's products have been recognized and adopted by mainstream semiconductor companies in the United States, Japan, Europe, South Korea, Southeast Asia, mainland China, and Taiwan. Konfoong Materials is an emerging high-tech enterprise with strong competitive potential in the electronic materials industry. The industry in which Konfoong Materials operates is strongly encouraged by the national long-term high-tech development plan. Its research and development and industrialization projects have been included in the national technology innovation system. The company has undertaken national 863 guided projects, 863 major projects, Ministry of Science and Technology 02 major projects, National Development and Reform Commission major projects, and Ministry of Industry and Information Technology special fund projects. After five years of hard work, the company has continuously expanded its scale and has now become one of the largest, most advanced, and technologically advanced sputtering target production bases in China. Konfoong Materials has become one of the leading companies in China's electronic materials industry. The core team of the company consists of several overseas returnees with doctoral degrees, and it has also introduced experts from the United States and Japan, forming an entrepreneurial team with international influence in the same industry.

Headquarters
Anshan Road, Mingbang Science and Technology Industrial Park, Yuyao Economic Development Zone, Ningbo City, Zhejiang Province
Yuyao; Zhejiang; Postal Code: 315400

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Website: http://www.kfmic.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 14, 2005
Key Executives
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Director
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Director
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Director
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Director
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General Manager
Ownership Details
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21.39%
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4.33%
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3.14%
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2.08%
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2.08%
Subsidiaries
Beijing Jiangfeng Electronic Materials Co., Ltd.
100%
Guangdong Jiangfeng Electronic Materials Co., Ltd.
100%
Hangzhou Jiangfeng Electronics Research Institute Co., Ltd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
53.53%
Total operating revenue
47.61%
Operating profit (EBIT)
3.87%
Net Profit (Loss) for the Period
23.28%
Total assets
6.6%
Total equity
0.84%
Operating Profit Margin (ROS)
-4.32%
Net Profit Margin
-2.3%
Return on Equity (ROE)
0.75%
Debt to Equity Ratio
3.83%
Quick Ratio
-0.86%
Cash Ratio
-0.71%

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