Vital Thin Film Materials Co. Ltd
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Vital Thin Film Materials Co. Ltd - overview
Established
2017
Location
Guangzhou, Guangdong, China
Primary Industry
Materials
About
Established in 2017 and based in Guangzhou, China, Vital Thin Film Materials Co. Ltd is an advanced materials company that focuses on the research and development of thin film materials. It has 4 R&D and manufacturing bases in Qingyuan, Hefei, South Korea, and Singapore. Vital Group acquires 100% of the Umicore-Vital joint venture, creating Vital Thin Film Materials.
It has offices in the United States, Belgium, Hong Kong, Taiwan, etc. As of 2022, it has nearly 1000 employees. In July 2025, Xinhu Zhongbao agreed to acquire Vital Thin Film Materials Co. Ltd.
financial terms were not disclosed. The company's main business is research and development, production and sales of sputtering targets and evaporation materials for vacuum coating. It controls raw virgin materials through the recycling of spent sputter targets, end-of-life products, and production waste. The self-developed products include ceramic targets, metal targets, precious metal targets, HP metal materials, oxides, selenides, sulfides, and fluoride.
The product is used in the field of display, photovoltaic, semiconductor, precision optics, data storage, and glass. Revenue is generated from production, sales and recycling of sputtering targets and evaporation materials for physical vapor deposition (PVD). Vital Thin Film Materials Co. Ltd will focus on improving target performance and developing new material compositions applied in future technologies.
Current Investors
China International Capital Corporation, Ming Yang Smart Energy Group, BYD Company Limited
Primary Industry
Materials
Sub Industries
Recycling, Logistics & Distribution, Steel & Metals, Advanced Materials
Website
www.vitaltfm.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Vital Thin Film Materials Co. Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Announced | Vital Thin Film Materials Co. Ltd | - |
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Vital Thin Film Materials Co. Ltd - employee data


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