Hwatsing Technology Co., Ltd. is a partially state-owned, publicly listed Chinese high-tech enterprise headquartered in Tianjin that specializes in the manufacturing of advanced semiconductor chip production equipment. Founded to commercialize academic research originating from Tsinghua University, the company is best known for developing China's domestic chemical-mechanical polishing (CMP) machines, thinning equipment, and wafer regeneration services. Hwatsing plays a critical strategic role in China's domestic semiconductor supply chain by providing specialized manufacturing tools to major integrated circuit foundries.