ABOUT US

Company Overview

Anhui Zhongke Fusion Terahertz Technology Co., Ltd. (brand “Fusion THz”) was founded by Dr. Liu Haiqing in Hefei, Anhui, in August 2019. The company builds on the core team’s experience in developing EAST plasma diagnostics, promotes the translation of research outcomes, and received early incubation support from the Hefei Institutes of Physical Science, Chinese Academy of Sciences. It was recognized as a High-Tech Enterprise in 2023; the listed certificate is valid from 16 October 2023 to 16 October 2026. Other recognitions include Anhui Specialized and Sophisticated SME (2023) and Anhui Big-Data Enterprise (2024).

Core mission and technological positioning:

The company’s core mission is to build the “Eye of Fusion.” Drawing on the core team’s scientific and engineering experience in magnetic-confinement fusion diagnostics, it develops fusion diagnostic systems comprising modules, software and services for plasma-parameter measurement, data analysis and fusion-device feedback control. Related terahertz technologies extend to personnel screening, industrial NDT and 6G communication modules.

Core technology and team capabilities:

The core technical team has long worked on controlled-fusion diagnostic physics and key technologies. Certain core terahertz module performance indicators reach internationally advanced levels among comparable products. The company’s technology system covers core-module development, system integration and algorithms, with independent R&D and manufacturing capabilities for core terahertz modules. As of 15 September 2026, it held 67 granted patents, with a further 17 patent applications pending.

Industrial applications and R&D development:

As of 15 September 2026, active terahertz security-screening equipment had been deployed at multiple metro stations and major-event venues, while industrial NDT equipment had served more than 20 customers. Wind-turbine blade, tobacco and express-parcel applications advance according to individual projects. Design and testing of 6G communication modules have been completed; development and commercialization remain at an early stage, with commercialization dependent on 6G communication-satellite deployment.

Vision:

To become a global leader in fusion diagnostics and terahertz applications, empowering the energy revolution and better, healthier lives through advanced technological innovation.

Mission:

Deepen core fusion-diagnostic technologies, strengthen the terahertz application ecosystem, become strategically indispensable, support national fusion-energy strategy and security, enable industrial upgrading and improved livelihoods, and build a world-class leading enterprise in the fusion ecosystem.

Values:

Responsibility for fusion and excellence in research; customer focus and value creation; openness, dedication and collaborative innovation.

Milestones

2019:

Dr. Liu Haiqing founded the company in Hefei, building on the core team’s EAST plasma-diagnostic development experience, promoting research translation and initiating terahertz sources, detectors and other core modules for fusion diagnostics.

2020:

Advanced tokamak diagnostic systems and related technologies, engineering terahertz electron-density interferometers. Active terahertz security-screening equipment debuted at a major industry exhibition and obtained its first contract.

2021:

Initiated independent development of electrically pumped HCN terahertz lasers for fusion-diagnostic interferometry, advancing core sources and key diagnostic-system modules.

2022:

Established a core-module system covering terahertz sources, detectors and multiplier sources, and built a fusion-diagnostic IP portfolio to strengthen system R&D and integration. Completed the first commercial deployment of active terahertz security-screening equipment in Hefei Metro.

2023:

Improved diagnostic-system project delivery quality and expanded equipment collaboration with research institutes and universities. Signed the time-resolved laser interferometry project contract for ShanghaiTech University’s magnetized target platform. Participated in provincial active-terahertz security-screening standards and joined the Fusion Industry Alliance council.

2024:

Began delivering and deploying diagnostic systems on HL-3 series devices and on spherical tokamaks including SUNIST-2. Expanded ShanghaiTech magnetized target diagnostic projects and ENN module supply. Security-screening deployment expanded to Tianjin Metro.

2025:

Dr. Ding Weixing joined as Chief Scientist. Began delivering and deploying diagnostic systems at FRC facilities, expanded diagnostic projects for ENN’s spherical hydrogen–boron reaction platform, and provided interferometer checks and maintenance for HIT and frequency-source support for Startorus Fusion. Active terahertz security-screening equipment entered mass production.

2026:

Won BEST’s first batch of fusion diagnostic-system contracts in June, signed contracts and entered production. Deepened tokamak, spherical-tokamak and FRC collaboration, advanced stellarator diagnostic engineering and productization, and participated in national standards for plasma-parameter testing methods.

Qualifications and honors:

High-Tech Enterprise (recognized in 2023; listed certificate valid from 16 October 2023 to 16 October 2026); Anhui Specialized and Sophisticated SME (2023); Anhui Big-Data Enterprise (2024); Fusion Industry Alliance council member (2023). As of 15 September 2026, the company held 67 granted patents and 52 registered software copyrights.

Selected institutional shareholders and associated investment institutions

Relationships are stated as of 15 September 2026. Names are not ranked. Associated institutions and direct shareholders are distinguished; this is not a complete register of shareholders.

View institutional shareholders and ownership relationships

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Associated investment institution Direct shareholder Relationship
Hefei Science Island Hefei Science Island The Hefei Institutes of Physical Science, CAS, is its sole shareholder; Hefei Science Island is a direct shareholder of the company.
Zhongan Luyang Funds Hefei Zhongan Luyang; Hefei Zhongan Luyang Phase II Both funds have Hefei Hongzhuan as their general partner.
Anhui Chuanggu Anhui Zhixin Anhui Chuanggu is the sole general partner and fund manager.
Hefei Zhongke Hehai Anhui Hehai Hefei Zhongke Hehai is the general partner.
Hefei Industrial Investment Hefei Angel Investment Hefei Angel Investment is wholly owned by Hefei State-owned Assets Holdings, which is controlled by Hefei Industrial Investment.
CDH Investments Chengdu CDH; Wuxi CDH The sole general partner of both funds is CDH Huaxiang, which is controlled by CDH Investments.
Shanghai Yiyuan Deqing Huicheng Shanghai Yiyuan Aerospace Private Fund Management Co., Ltd. is the general partner.
Qianhai Ark Qianhai Ark; Shenzhen Ark Huaize Future Qianhai Ark is also the sole fund manager and a general partner of Shenzhen Ark Huaize Future.
Shanghai Chuanghehui Anhui Chuanghehui Shanghai Chuanghehui Investment Management Co., Ltd. is the general partner.
Dongfang Jiafu Capital Hangzhou Jiafu Hangzhou Jiafu’s sole general partner is Hangzhou Jiafu Tiancheng, a wholly owned subsidiary of Dongfang Jiafu Capital.
Wanchuang Investment Holdings Chengdu Co., Ltd. Chengdu Wanchuang Xinrui Wanchuang Investment Holdings Chengdu Co., Ltd. is a limited partner of Chengdu Wanchuang Xinrui.
Guoshou Capital Guoshou Dual-Carbon Fund; Guoshou Yangtze River Delta Fund Guoshou Capital Investment Co., Ltd. is the sole fund manager of both funds.
SMIC Juyuan Capital Juyuan SME Fund; Juyuan Yangzhou Fund Both funds are affiliated with and controlled by SMIC Juyuan Capital.
Zhongwei China Zhongwei SME Fund; Zhongwei Hefei Fund Both funds operate under Zhongwei China; investment decisions are made by Zhongwei China’s senior management.
Keda Intelligent Keda Intelligent Keda Intelligent is a direct shareholder of the company.
Green Technology Bank (Shanghai) Private Fund Management Co., Ltd. Green Technology Bank Chuangxin Fund Green Technology Bank (Shanghai) Private Fund Management Co., Ltd. is the general partner.