Changzhou Fusion New Material Co., Ltd. (Stock code

Exporter · China

Research, development, production & sale of conductive silver paste, electronic component paste, conductive adhesives, s

About Changzhou Fusion New Material Co., Ltd. (Stock code

Founded in August 2015, Changzhou Fusion New Material (Juhe) is a high-tech provider of conductive silver pastes and specialty conductive materials for photovoltaic, semiconductor, and electronic industries. It operates a >10,000 class cleanroom in its Changzhou plant and a 30,000 m² R&D lab in Shanghai, employs over 350–700 people, holds over 315 patents, and reported 2022 revenues of RMB 6.509 billion and net profit RMB 391 million . It’s listed on the Shanghai Stock Exchange under ticker 688503.SH, with a market cap of ~¥7.5 billion, a P/E ratio around 18–19, and a dividend yield of ~2.3–2.4%