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Shanghai Vital Deeptech Co., Ltd.

Shanghai Vital Deeptech Co., Ltd. (formerly known as Shanghai Wanye Enterprises Co., Ltd.) was founded in 1991 and listed on the Shanghai Stock Exchange (Main Board) in 1993. Over the years of development, we have been focused on independent R&D to drive significant and sustained innovation.
As a high-tech listed company rooted in emerging industries, we have been actively building our presence in key segments such as semiconductor equipment and materials through a dual-driven strategy of "M&A and industrial integration." This has significantly increased the share of integrated circuits in our portfolio, as part of our commitment to strengthening domestic capabilities in this critical field.


Focusing on in-house R&D of core equipment, we have been committed to developing a full range of ion implanters.
Our subsidiary, Kingstone, is a leading domestic supplier of advanced ion implantation equipment for integrated circuits. It is a frontrunner in the 12-inch low-energy high-current ion implanter segment in China, leading the industrialization of China's domestic low-energy high-current ion implanters and high-energy ion implanters.
With national-leading product delivery volume and process coverage, we have been repeatedly tasked with major national and Shanghai municipal R&D initiatives, granted multiple honors and awards, including the Shanghai and Beijing Science and Technology Progress Awards, as well as China's Specialized, Refined, Differential, and Innovative (SRDI) "Little Giant" Enterprise.
In 2025, we extended our reach into materials with the establishment of Anhui Wandao Electronic Technology Co., Ltd, focusing on the deep processing of bismuth and its compounds. Anhui Wandao has built a complete supply chain from raw materials to applications, providing critical material support for high-tech industries such as semiconductors, new energy, and biomedicine.
Anhui Wandao has established specialized production bases in Qingyuan, Guangdong; Wuhe, Anhui; Jingzhou, Hubei; and Quzhou, Zhejiang, forming an industrial network covering East China, Central China, and South China.
In November 2024, Vital Materials Co., Limited officially became the actual controlling shareholder of Vital Deeptech.
Founded in 1995 with its roots in rare and dispersed metals, Vital Materials has grown into a leading global high-tech enterprise specializing in the R&D, production, sales, and recycling of advanced materials, devices, modules, and systems for the pan-semiconductor industry.
With  ten thousand employees worldwide, its operations span multiple countries and regions, serving key sectors such as displays, photovoltaics, and semiconductors.
Its semiconductor division is dedicated to developing critical materials and core components for integrated circuits, as well as substrates, epitaxy, chips, and modules for next-generation semiconductors. It aims to be a leader across the 1st- to the 4th-generation semiconductor technologies — from materials, core components, to end-use devices.
Backed by Vital Materials' extensive industrial resources and financial strength, Vital Deeptech enables the delivery of comprehensive solutions encompassing materials, core components, advanced equipment, and application design to the semiconductor industry, accelerating its rise as a leader in the integrated circuit industry.
Looking ahead, with the strong support of Vital Materials, Vital Deeptech will continue to build on our expertise. We are focused on integrating upstream and downstream industrial chains, so as to strengthen our strategic presence in key semiconductor sectors, enhance the security and resilience of our supply chain for critical equipment and materials, and contribute to the evolution and growth of China’s integrated circuit industry.

Corporate
Culture

Our Mission

To drive China’s integrated circuit equipment industry

Our Vision

To become a competitive listed company, both in China and globally, that embodies the dynamism of an emerging industry

Core Values

Precision in Execution & Pursuit of Excellence, Innovation-Driven Efficiency, Collaborative Spirit & Shared Ambition

History

    2024

    Vital Deeptech was granted "Leading Enterprise in High-Quality Development in 2023" at the 2024 China Finance TMT Leadership Awards Ceremony
    Vital Deeptech announced a share repurchase proposal and the "Enhancing Quality, Efficiency, and Return" action plan and actively implemented the plan
    Vital Deeptech, alongside its subsidiaries Kingstone and Joysingtech, exhibited at SEMICON China 2024. Additionally, Kingstone showcased its technology at both CSEAC 2024 and IC China 2024
    Kingstone successfully delivered its first high-current ion implanter for CIS applications
    Kingstone secured ion implanter purchase orders from three 12-inch wafer fabs
    Kingstone was admitted to the Shanghai Pudong New Area Postdoctoral Innovation Practice Base as one of its newest members
    Vital Deeptech signed a Comprehensive Strategic Cooperation Agreement on Collaborative Innovation Development with the National Innovation Center for Third-Generation Semiconductor Technology (Suzhou)
    Vital Deeptech's subsidiary—Kingstone entered into strategic cooperation agreements with multiple upstream and downstream enterprises and research institutes
    Kingstone was recognized as China's Specialized, Refined, Differential, and Innovative (SRDI) "Little Giant" Enterprise and ranked among Top 10 Independent Innovation Enterprises for High-tech Achievement Transformation in Shanghai
    The "Commercialization of Ion Implanter Technology and Its Applications" project, jointly completed by Kingstone and key industry partners, was granted the First Prize of Shanghai Science and Technology Progress Award
    Vital Deeptech announced the appointment of Mr. Zhu Shihui as its new controlling person, with Vital Materials positioned to be a driving force in the growth of the semiconductor industry

    2023

    Vital Deeptech's subsidiary Kingstone successfully secured multiple orders for 12-inch ion implanters from three new major wafer fab clients
    Kingstone was recognized as a "Specialized, Refined, Differential, and Innovative (SRDI) SME" in Shanghai, honored as a "2022-2023 High-Quality Innovation Leader in China’s Semiconductor Sector", and was officially recognized as a Shanghai Municipal Enterprise Technology Center. Its low-energy high-current ion implanter was certified as a Shanghai High-Tech Achievements Commercialization Project
    Kingstone’s new facilities in Jinqiao, Shanghai and Liandong U Valley, Beijing, along with Joysingtech’s new production base in Jiashan, were officially put into operation
    Vital Deeptech's subsidiary Joysingtech won multiple bids for thin-film deposition equipment and exhaust gas treatment systems for a specialty-process production line
    Joysingtech’s own branded, self-developed PVD system obtained SEMI S2/F47 certification
    Joysingtech and its subsidiaries, Joysingtech Jianeng and Joysingtech Hongyang, were recognized as Zhejiang Province Small and Medium-Sized Sci-Tech Enterprises
    Dr Zhu Xudong, former Chairman of Vital Deeptech, was honoured with the “Annual Business Leader” award by Cailian Press
    Vital Deeptech was honored with the EEPW 2023 Most Investable Company Award, the Pudong New Area 2022 Outstanding Economic Contribution Award, and was named "Leading Enterprise in High-Quality Development in 2023" at the China Finance TMT Leadership Award Ceremony

    2022

    Vital Deeptech's subsidiary Kingstone landed its first major commercial order worth nearly RMB 700 million from a customer, entering a new phase of scaled growth (“from 1 to N”) for its ion implanters
    Kingstone commenced the delivery of bulk orders for its independently developed low-energy, high-current ion implanters
    Joysingtech successfully won bids for various types of equipment, including etching, thin-film deposition, and rapid thermal processing systems, in wafer fab projects
    Vital Deeptech was appointed as a council member of both the Listed Companies Association of Shanghai and the China Association for Public Companies
    Vital Deeptech was honored with the "High-Quality Development Listed Company Award" at the 7th Golden Tangerine Awards of Time Finance
    Vital Deeptech received Yicai's "2022 Best Practice Exemplar in Enhancing Supply Chain Stability"
    Vital Deeptech was granted the "Most Valuable Innovation of the Year Award" by Cailian Press

    2021

    Vital Deeptech joined the China Electronic Production Equipment Industry Association (CEPEA)
    Kingstone ranked among the "Top 10 Integrated Circuit Sales Enterprises in Shanghai"
    Kingstone’s low-energy high-current ion implanter successfully passed verification and acceptance by a leading domestic 12-inch wafer fab
    Moved to a new corporate office as part of our expansion, to better support our chip mission
    Included in the MSCI China A Onshore Index
    Established Joysingtech in collaboration with globally renowned semiconductor industry experts to expand into core equipment segments
    Vital Deeptech received the "Listed Company with Outstanding Value" award from Hexun.com
    Vital Deeptech received the "Most Promising Listed Company in the Advanced Manufacturing Industry" Award
    Former Chairman Dr Zhu Xudong was awarded the "Golden Quality·- Outstanding Entrepreneur Award" by Shanghai Securities News

    2020

    Former Chairman Zhu Xudong received the Golden House Award "Outstanding President of Listed Company" Award
    Vital Deeptech received the "2020 China New Economy Most Investable Listed Company" Award from Cailian Press
    Beijing Kingstone Semiconductor Co., Ltd. was officially established
    Invested in Ferrotec (An Hui) Technology Development Co., Ltd., a leading equipment cleaning service provider in China
    Kingstone's "High-Current Ion Implanter Equipment and Process R&D" project was awarded the First Prize of the Beijing Science and Technology Progress Award
    Kingstone's "R&D and Validation of RF Power Supply Systems for Integrated Circuit Equipment" project was selected for Shanghai's 2020 "Science and Technology Innovation Action Plan"
    Kingstone obtained the iStellar-500 SEMI certification
    Kingstone secured orders totaling over RMB 100 million for its multiple integrated circuit ion implanter models
    Led a consortium of domestic and international investors to complete the acquisition of Compart Systems, a globally leading supplier of semiconductor gas delivery systems
    Donated books to the Shanghai Business School Education Development Foundation as part of our social initiatives

    2019

    Received the title of "2018 Outstanding Economic Contribution Enterprise in Pudong New Area" awarded by the Pudong New Area Government
    Received two major awards at the Jiemian Gold Medal Awards presented by Jiemian-Cailian Press: "Capital Innovation of the Year" and "Most Valuable Company of the Year"
    Received the "Most Promising Enterprise in the Advanced Manufacturing Industry" Award by the National Business Daily
    Former Chairman Zhu Xudong received the titles of “Top 10 Entrepreneurial Leaders of China’s Listed Companies” and “Outstanding Investor in Finance”
    Received the "Most Promising Listed Company in the Advanced Manufacturing Industry"

    2018

    Vital Deeptech successfully acquired Kingstone, a full-range ion implanter manufacturer
    Received the "2017 Golden Bull Award for the Most Investable Company" from China Securities Journal

    2017

    Vital Deeptech took the lead in establishing the Shanghai Semiconductor Equipment and Materials Industry Investment Fund

    2015

    Shanghai Pudong Science and Technology Investment Co., Ltd. became the largest shareholder, setting a strategic goal to transform the company into an integrated circuit industry leader

    2006

    Indonesia's Salim Group acquired the company, with Salim Wanye (Shanghai) Enterprise Group Co., Ltd. becoming the controlling shareholder

    1997

    The controlling shareholder changed to COSCO SHIPPING Property Development Limited

    1993

    Listed on the Shanghai Stock Exchange with the stock code 600641

    1991

    The predecessor of Vital Deeptech, Shanghai Zhongcheng Industrial Co., Ltd, was established