TMTPOST — Zhejiang Liufang Semiconductor Technology has completed a C1 equity financing round of more than 100 million yuan, according to the company. The round was jointly invested by Beijing Canglin Capital and Zhuji Industrial Investment Group. Proceeds will fund frontier product research and development, upgrades to existing production lines, and construction of a new manufacturing base. The company’s 100-mu plant in Zhuji is scheduled to begin operations in December 2026. Liufang specializes in CVD silicon-carbide materials and precision components used in semiconductor crystal growth, epitaxy and etching processes.