Merger of Sevenstar with NMC completed; New Brand NAURA
Following the recombination of Beijing Sevenstar Electronics Co., Ltd. (SZSE: 002371) and Beijing NMC Co., Ltd. on February 28, 2017, the new company, whose name was officially changed to NAURA Technology Group Co., Ltd., released the new brand “NAURA.” It means the merger and acquisition of Sevenstar with NMC, which has lasted for 11 months, has been officially finished. Mr. Zhang Jingsong performs as Board Chairman, and Mr. Zhao Jinrong, former President of NMC, acts as CEO of the new company. The new name “NAURA” indicates that the new company, after the merger, will carry on the long-standing brand culture of Sevenstar and NMC, and fit together the strong innovation powers of the two leading semiconductor equipment enterprises in China. With superior quality and excellent service, NAURA will, by making the most of what it has and fueling the development of electronic information industry, boost the healthy development of the industry and join forces to improve the future.
Zhao Jinrong, CEO of NAURA, said “The new company name and company brand are a landmark in the integration of Sevenstar and NMC. They herald broader development opportunities of the new company in the future. We will be as customer-oriented as ever in continuous innovation, boost industrial technology progress, and bring unlimited possibilities to the industry!”
The new Naura, its headquarters being NAURA Technology Group Co., Ltd., has four wholly owned subsidiaries: Beijing Naura Microelectronics Equipment Co., Ltd., Beijing Naura Vacuum Technology Co., Ltd., Beijing Naura New Energy Technology Co. Ltd., and Beijing Sevenstar Electronics Technology Co., Ltd.
After the recombination, the products of Beijing Naura Microelectronic Equipment Co., Ltd. will include Plasma Etch, PVD, CVD, oxidation/diffusion, cleaning, and annealing, as well as core components for flat panel display manufacturing equipment and gas mass flow controllers. They find extensive applications in semiconductor related fields such as integrated circuits, advanced packaging, LED, MEMS, power electronics, flat panel display, and photovoltaic cells. The company has a marketing service system covering Europe, the United States, Asia and other major countries and regions. It is a flagship platform of semiconductor equipment in semiconductor industry of China with the most extensive coverage, largest number of products, greatest construction scale, and strongest comprehensive strength.
NAURA was presented at SEMICON China 2017
NAURA Booth No.：W3 3243
Date：March 14-16, 2017
Address：Shanghai New International Expo Centre