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Company Information

Company Name Guangdong InCore Materials Co., Ltd.
Country of Company HQ China
Location of Company China
Company Intro
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Guangdong InCore Materials Co., Ltd. (hereinafter referred to as "InCore Materials") was established in October 2022. The company focuses on high-end capacitors and resistors, which is one of the 35 "stack neck" technologies in our country's industrial development. The company introduces high-end material experts from Japan and South Korea to develop, manufacture and sell high-end electronic pastes, nanometal powders and high-end tantalum capacitors for integrated circuit and high-end component enterprises. Electronic paste products include nickel paste, copper paste, silver paste, silver palladium paste, silver paste, aluminum paste, low temperature fired ceramic ("LTCC") technology-specific paste, etc. Through "stack neck" technology, we achieve the domestication and in-house production of key materials to ensure the safety and stability of the industrial chain.
The company's current slurry production capacity is 160 tons/year, low temperature fired ceramic powder production capacity is 50 tons/year, and the full production value is 400 million yuan. The company has received angel round investment from well-known investor Northern Light Venture Capital and pre-A round investment from Lihe Capital, with a total fundraising of 50 million yuan. The final valuation was 335 million yuan. The company is currently determining the lead investor and follow-up investor for the A round of fundraising, and is expected to complete fundraising of more than 100 million yuan in the near future, and its valuation level will rank as one of the potential unicorn companies. In 2023, the company won second place and the National Excellent Enterprise Award in the Guangdong division of the China Innovation and Entrepreneurship Competition.

Xue Zebin, founder and chairman of the company, was born in Chaozhou City, Guangdong Province in May 1985. He holds a bachelor's degree in economics and law from Central South University of Economics and Law and a master's degree in business administration. He graduated from the School of Economics and Management at Tsinghua University. After graduation, he served as Deputy Chief of Staff of the General Office of the Guangdong Provincial Party Committee, Secretary to the Chairman of Guangsheng Company, and Secretary of the Board of Directors of CICC Lingnan (000060.SZ) Fenghua Hi-Tech (000636.SZ). He was awarded the 16th and 18th gold medals as the Secretary of the Board of Directors of "New Fortune". In 2024, he was named China's most promising business elite under 40 by Fortune magazine.
Industry Manufacturing - Other
Location Room 109, Building 8, No. 33, Fenghuang 5th Road, Jiufo Street, Huangpu District, Guangzhou City, Guangdong Province
President
Year of Establishment 2022
Capital
Number of Employees 0
Description of Business InCore Materials has acquired independent core technology in the material field, and through the independent development of nano copper powder, nano silver powder, nano alloy powder, electronic slurry and other products, it has mastered a series of core technologies such as unique core formulation design technology, nanoscale metal powder classification technology, nanoscale metal powder dispersion technology, and high-end electronics. The slurry products developed through slurry preparation technology, efficient dispersion technology of nanoscale inorganic powder fall under the "Key Strategic Materials...3. Advanced Semiconductor Materials and New Displays" notice of the Ministry of Industry and Information Technology. "Release of the Catalog of the First Batch Application Demonstration Guidance of Major New Materials (2024 Edition)" (Ministry of Industry and Information Technology Original Text [2023] No. 367) Materials...225 Nickel Internal Electrode Paste for High Capacity and Small-Size MLCC...226 High Precision Low Resistance Resistor Paste for Chip Resistors. The paste products are used by major domestic and foreign listed companies and foreign-funded companies such as Murata Manufacturing, Fenghua High-Tech, Sanhuan Group, Yageo, Xinwei Communications, Amotech and others have achieved import or sales. The core team of high-end tantalum capacitors has mastered the molding and sintering technology of anode tantalum core, the compounding design and control of cathode polymerization reaction materials, the innovative design of high capacitance structure, ultra-low ESR and ultra-low ESL control technology, high precision and automatic manufacturing technology, tantalum capacitor technical indicators are the benchmark against the world's number one company KEMET.
URL http://gdincore.com/
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Guangdong InCore Materials Co., Ltd.

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