Company Profile

NOVORAY Company Profile

Anushka Gore Published 25 Aug 2025 Updated 25 Aug 2025

Company Profile

NOVORAY Basic Information, Manufacturing Base, Sales Area, and Competitors

Sr. No.

Item

Description

1

Company Name

NOVORAY

2

Website

https://novoray.com/en/index.php

3

Established Date

2002

4

Headquartered

China

5

Market Position/ History

Novoray's journey began in 2002, when the firm adopted a route of self-reliance, motivated by the desire to generate long-term value for its clients without relying on other resources. Novoray has always taken a customer-centric approach, believing that knowing and addressing the demands of its clients is the key to success. The company's credo, "starting with customers' needs and ending with customer satisfaction," became the cornerstone of its operations. Strategic investments in research and development (R&D) were made to focus on innovation and new product development in response to changing client needs. Novoray's drive to innovation enabled it to consistently enhance and create solutions that met its clients' ever-changing demands. As the firm progressed, Novoray increased its production capacity more than tenfold, accomplishing quick scale-up without sacrificing quality. This growth helped the firm to keep up with rising demand for its products, allowing it to service a larger market more effectively. Novoray's tireless efforts and devotion culminated in its successful capital market offering, which demonstrated the soundness of its business model and the faith placed in the firm by its customers. Today, Novoray is an industry leader, founded on the ideals of client satisfaction, innovation, and long-term growth.

6

Sales Area

Worldwide

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Manufacturing Location

China

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Ticker

SHA: 688300

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No. of Employees

~558

10

Competitors

PPG Industries, lnc

Tokuyama Corporation

HARIMIC (MALAYSIA) SDN. BHD

Huntsman Advanced Materials Americas LLC

Suzhou Jinyi New Materials Technology Co., Ltd

11

CEO

Xiaodong Li

12

Ownership Type

Public

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Contact Information

No.6, zhujiang Road,Lianyungang city,Jiangsu Province

Tel: 86-518-85846000

Business Segment or Overview of NOVORAY

Novoray Corp is a Chinese firm that specializes in the research, development, manufacture, and sales of inorganic fillers and particle carrier materials. The Company's products include micron- and sub-micron-level angular powders, micron-level spherical inorganic powders processed by flame fusion, sub-micron-level spherical particles processed by high-temperature oxidation and liquid phase methods, various ultrafine particles with surface treatment, functional particles manufactured using various methods, and slurry products developed to solve particle dispersion. Its products are primarily used in chip packaging with epoxy molding materials (EMC), liquid molding materials (LMC), and underfill materials (Underfill), copper clad laminates (CCL) for electronic circuits, laminated adhesive films, thermal interface materials (TIM), new energy vehicle battery module thermal conductive adhesives, and solar photovoltaic cell structural adhesives, among other applications.

Spherical Silica Filler Product Types Specification

Product

Product Description

Spherical silica powder

Spherical silica powder is a spherical silicon dioxide powder manufactured from irregular corner silicon powder using the flame and fusion method. Its characteristics include a modest surface area, high fluidity, and low stress.

Applications: Spherical silica powder is frequently utilized in semiconductor device sealing due to its high filling, flow, low wear, and low stress properties. As high packing fillers, spherical silica powder may provide good performance to Low Dk CCL and IC support plates.

Anushka Gore is a Senior Research Associate at Cognitive Market Research & Consulting, specializing in the Consumer Goods sector. She is involved in delivering comprehensive market intelligence and business research…

Profile Details

  • Author Anushka Gore
  • Published 25 Aug 2025
  • Last Updated 25 Aug 2025
  • Reading Time~5 minutes
  • CoverageSWOT, Financials, Key Employees, History

Table of Contents

    • 1.1 About NOVORAY
    • 1.2 Key Facts
    • 1.3 Key Employees
      • 1.3.1 Key Employee Biographies
    • 1.4 History
    • 1.5 Locations & Subsidiaries
      • 1.5.1 Head Office
      • 1.5.2 Other Locations & Subsidiaries
    • 2.1 Company Overview
    • 2.2 Business Segments
    • 2.3 R&D Overview
    • 2.4 Brands
    • 2.5 Key Company Statistics
    • 2.6 Key Financials (2015–2019)
    • 2.7 Share Holder Analysis
    • 2.8 Regional Presence
    • 2.9 Services Offered
    • 3.1 Strengths
    • 3.2 Weaknesses
    • 3.3 Opportunities
    • 3.4 Threats
    • 3.5 Key Competitors
    • 4.1 Company Metrics
    • 4.2 Key Investors
    • 4.3 Recent Funding & Valuation
    • 4.4 Historical Funding & Valuation
    • 5.1 Acquisitions
    • 5.2 Partnerships
    • 6.1 Latest News & Announcements
    • 6.2 Strategic Initiatives
    • 7.1 Summary of Findings
    • 7.2 Strategic Recommendations

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