关于 2020 年限制性股票激励计划 预留授予部分第四个归属期归属名单的核查意见 中微半导体设备（上海）股份有限公司（以下简称"公司"）监事会依据《中 华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以 下简称"《证券法》"）、《上市公司股权激励管理办法》（以下简称"《管理办法》"）、 《上海证券交易所科创板股票上市规则》（以下简称"《上市规则》"）和《中微 半导体设备（上海）股份有限公司章程》（以下简称"《公司章程》"）等有关规 定，对公司 2020 年限制性股票激励计划（以下简称"本次激励计划"）预留授予 部分第四个归属期归属名单进行审核，发表核查意见如下： 公司 2020 年限制性股票激励计划预留授予的激励对象中，本次拟归属的 131 名激励对象符合《公司法》、《证券法》等法律、法规和规范性文件以及《公司章 程》规定的任职资格，符合《管理办法》、《上市规则》等法律、法规和规范性文 件规定的激励对象条件，符合《2020 年限制性股票激励计划（草案修订稿）》规 定的激励对象范围，其作为公司本次限制性股票激励计划激励对象的主体资格合 法、有效，激励对象获授限制性股票的归属条件已成就。 ...

证券代码：688012 证券简称:中微公司 公告编号：2024-069 中微半导体设备（上海）股份有限公司 第二届监事会第二十三次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、监事会会议召开情况 中微半导体设备（上海）股份有限公司（以下简称"中微公司"或"公司"）第 二届监事会第二十三次会议于 2024 年 10 月 29 日召开。本次会议的通知于 2024 年 10 月 22 日通过电话及邮件方式送达全体监事。会议应出席监事 3 人，实际到 会监事 3 人，会议由监事会主席邹非女士主持。会议的召集和召开程序符合有关 法律、行政法规、部门规章、规范性文件和公司章程的规定，会议决议合法有效。 二、监事会会议审议情况 （一）审议通过《关于公司 2024 年第三季度报告的议案》 监事会认为：董事会编制和审议公司 2024 年第三季度报告及摘要的程序符 合法律、行政法规及上海证券交易所、中国证券监督管理委员会的规定，报告内 容真实、准确、完整地反映了公司 2024 年第三季度的财务状况和经营成果等事 项，不存在 ...

Revenue and Orders - The company's revenue for the first three quarters of 2024 reached 5.507 billion RMB, a year-on-year increase of approximately 36.27%[2] - The revenue from etching equipment in the first three quarters of 2024 was 4.413 billion RMB, representing a year-on-year growth of about 53.77%[2] - New orders for the first three quarters of 2024 totaled 7.64 billion RMB, up approximately 52.0% year-on-year, with etching equipment orders contributing 6.25 billion RMB, a growth of about 54.7%[2][8] - In Q3 2024, the company's operating revenue reached 2.059 billion RMB, a year-on-year increase of 35.96%[11] - The revenue from etching equipment in Q3 2024 was 1.715 billion RMB, growing by 49.41% compared to the same period last year[11] - For the first three quarters of 2024, the total operating revenue was 5.507 billion RMB, reflecting a year-on-year growth of 36.27%[11] Profit and Earnings - The net profit attributable to shareholders for the first three quarters of 2024 was 912.98 million RMB, a decrease of about 21.28% year-on-year[9] - The net profit for Q3 2024 was 396.29 million RMB, a significant increase of approximately 152.63% year-on-year[6] - The net profit attributable to shareholders in Q3 2024 was 396 million RMB, an increase of approximately 152.63% year-on-year[11] - The net profit after deducting non-recurring gains and losses for Q3 2024 was 330 million RMB, up by 53.79% year-on-year[11] - Net profit for Q3 2024 was ¥912,184,138.09, a decrease of 21.3% from ¥1,158,693,659.84 in Q3 2023[23] - The company reported a total profit of ¥946,561,924.83 for Q3 2024, down from ¥1,304,200,597.21 in Q3 2023[23] Research and Development - Research and development expenses for the first three quarters of 2024 amounted to 1.544 billion RMB, an increase of 95.99% compared to the same period last year, accounting for approximately 28.03% of total revenue[2][9] - The R&D expenses in Q3 2024 increased by 136 million RMB, representing a growth of about 64.38% compared to the previous year[11] - The total R&D investment for the first three quarters of 2024 was 959.9 million RMB, highlighting the company's commitment to innovation and development[11] - The company is currently developing over 20 new devices across six categories, indicating a strong focus on R&D[11] - Research and development expenses surged to ¥913,942,970.40, representing an increase of 81.9% compared to ¥502,387,972.19 in Q3 2023[22] Assets and Liabilities - The company’s total assets as of the end of the reporting period were approximately 25.271 billion RMB, reflecting a year-on-year increase of 17.40%[5] - As of September 30, 2024, the total assets of the company reached ¥25.27 billion, an increase from ¥21.53 billion at the end of 2023, representing a growth of approximately 17.5%[20] - The company's current assets totaled ¥17.63 billion, up from ¥15.09 billion at the end of 2023, indicating a growth of about 16.7%[19] - The total liabilities rose to ¥6.53 billion, compared to ¥3.70 billion at the end of 2023, marking an increase of around 76.5%[20] Cash Flow and Investments - Cash flow from operating activities for the first three quarters of 2024 was ¥267,567,582.39, a turnaround from a negative cash flow of -¥1,276,491,922.81 in the same period last year[24] - Total cash inflow from operating activities in the first three quarters of 2024 was ¥8,419,583,623.96, compared to ¥3,051,592,207.87 in the previous year[24] - The company’s total cash received from investment activities was ¥8,477,404,872.58, a decrease from ¥13,066,460,809.28 in the previous year[24] - The net cash flow from investment activities was CNY 1,167,669,860.27, a decrease from CNY 1,818,138,627.77 in the previous year[26] - The total cash inflow from financing activities was CNY 350,528,960.50, compared to CNY 210,365,150.00 in the same period last year[26] Inventory and Receivables - Inventory increased significantly to ¥7.82 billion from ¥4.26 billion, reflecting a growth of approximately 83.5%[19] - The accounts receivable increased to ¥1.34 billion from ¥1.16 billion, indicating a growth of about 14.7%[18] Other Financial Metrics - The basic earnings per share for Q3 2024 was 1.5176 RMB, reflecting the growth in net profit attributable to shareholders[11] - The diluted earnings per share for Q3 2024 was 1.4971 RMB, showing an increase due to the rise in net profit[11] - Basic earnings per share for Q3 2024 were ¥1.48, down from ¥1.88 in Q3 2023[24] - The company recognized a product quality assurance loss of CNY 173,032,100.00 for the first three quarters of 2024, compared to CNY 96,072,000.00 for the same period in 2023[27]

证券代码：688012 证券简称：中微公司 公告编号：2024-064 中微半导体设备（上海）股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 本次股票上市类型为股权激励股份；股票认购方式为网下，上市股数为 899,539 股。 本次股票上市流通总数为 899,539 股。 本次股票上市流通日期为 2024 年 10 月 29 日。 根据中国证监会、上海证券交易所、中国证券登记结算有限责任公司上海分公 司有关业务规则的规定，中微半导体设备（上海）股份有限公司（以下简称"公司"） 于 2024 年 10 月 24 日收到中国证券登记结算有限责任公司上海分公司出具的《证 券变更登记证明》，公司于 2024 年 10 月 23 日完成了 2020 年限制性股票激励计划 第四个归属期及 2023 年限制性股票激励计划第一个归属期的股份登记工作。现将 有关情况公告如下： 一、 本次限制性股票归属的决策程序及相关信息披露 （一）2020 年限制性股票激励计划 （1）2020 年 3 月 18 日，公司召开第 ...

证券代码：688012 证券简称：中微公司 公告编号：2024-063 中微半导体设备（上海）股份有限公司 关于召开 2024 年第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 会议召开时间：2024 年 10 月 31 日(星期四) 上午 09:00-10:00 会议召开时间：2024 年 10 月 31 日 上午 09:00-10:00 会议召开地点：上证路演中心 会议召开方式：上证路演中心网络互动 三、参会人员 投资者可于 2024 年 10 月 24 日(星期四) 至 10 月 30 日(星期三)前登录 上证路演中心网站首页点击"提问预征集"栏目或通过电子邮件的形式发送至 公司投资者关系邮箱(IR@amecnsh.com)，公司将在说明会上对投资者普遍关注 的问题进行回答。 中微半导体设备（上海）股份有限公司（以下简称"公司"）拟于 2024 年 10 月 29 日收盘后在上海证券交易所网站（www.sse.com.cn）披露公司 2024 年 第三季度报告。为了便于广大投 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected relative increase of over 15% compared to the CSI 300 index in the next six months [1][7]. Core Views - The company's revenue growth is driven by the strong performance of etching equipment, with a significant increase in new orders, suggesting a positive outlook for the future [1]. - In the first half of 2024, the company achieved a revenue of 3.448 billion yuan, representing a year-on-year growth of 36.46%, while the net profit attributable to shareholders decreased by 48% to 517 million yuan [1]. - The company's etching equipment revenue reached 2.698 billion yuan in the first half of 2024, a year-on-year increase of approximately 56.68%, accounting for 78.26% of total revenue [1]. Financial Summary - The company is projected to achieve revenues of 8.260 billion yuan, 12.036 billion yuan, and 15.227 billion yuan for the years 2024, 2025, and 2026, respectively, with growth rates of 31.87%, 45.73%, and 26.51% [3][5]. - The net profit attributable to shareholders is expected to be 1.886 billion yuan, 2.670 billion yuan, and 3.359 billion yuan for the years 2024, 2025, and 2026, with corresponding growth rates of 5.61%, 41.57%, and 25.81% [3][5]. - The company’s diluted earnings per share (EPS) are projected to be 3.04 yuan, 4.30 yuan, and 5.41 yuan for the years 2024, 2025, and 2026, respectively [3][5]. Order and Production Insights - The company received new orders totaling 4.7 billion yuan in the first half of 2024, a year-on-year increase of approximately 40.3%, with etching equipment orders growing by about 50.7% to 3.94 billion yuan [1]. - The company has maintained a leading position in the domestic semiconductor equipment market, with significant growth in the shipment of plasma etching equipment [1].

Investment Rating - The report initiates coverage on Advanced Micro-Fabrication Equipment Inc (AMEC) with a "Buy" rating [3][32] Core Views - AMEC is a leading domestic etching equipment manufacturer, expanding towards platform-based development [1] - The company's MOCVD equipment dominates the blue and green LED production line market share [2] - AMEC's CCP etching machine Primo SD-RIE has entered verification with leading domestic logic chip manufacturers [2] - The company's Primo UD-RIE has demonstrated capability to etch structures with aspect ratios ≥60:1 [2] - ICP etching equipment Primo Nanova series has achieved >100% CAGR in installed chambers over the past three years [2] Financial Performance - Revenue is projected to grow from 6,264 million yuan in 2023 to 13,870 million yuan in 2026, with a CAGR of 30% [1][29] - Net profit is expected to increase from 1,786 million yuan in 2023 to 2,928 million yuan in 2026 [1][29] - EPS is forecasted to rise from 2.87 yuan in 2023 to 4.71 yuan in 2026 [1][29] - P/E ratio is expected to decline from 64.6 in 2023 to 39.4 in 2026 [1] Industry Outlook - Global semiconductor equipment market is projected to recover to $105.3 billion in 2024 [2][18] - China's wafer production capacity is expected to lead globally by 2026, driving long-term semiconductor demand [2][18] - Domestic substitution in semiconductor equipment is gaining momentum [2] Product Development - AMEC's 3D strategy is progressing steadily, with etching and MOCVD equipment maintaining competitive advantages [3] - CCP etching equipment has achieved multi-batch sales, with Damascene etching process progressing smoothly [3] - ICP etching equipment has expanded its process coverage in advanced logic chips, DRAM, and 3D NAND [24] - The company has developed 4 new thin film deposition products [27] Market Position - AMEC has accumulated over 2,800 CCP etching reaction chambers delivered by end of 2023 [23] - The company's etching equipment covers most CCP etching applications above 28nm and many below 28nm [23] - AMEC maintains a leading position in the international GaN-based MOCVD equipment market [25] R&D and Innovation - R&D investment reached 1,262 million yuan in 2023, accounting for 20.15% of revenue [23] - The company has over 20 new equipment developments in progress [15] - R&D personnel increased to 967 in H1 2024, representing 46.38% of total staff [15]

证券代码：688012 证券简称：中微公司 公告编号：2024-062 中微半导体设备（上海）股份有限公司 关于 2020 年股票增值权激励计划 第四个行权期行权结果公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 一、 本次股票增值权行权的决策程序及相关信息披露 （1）2020 年 3 月 18 日，公司召开第一届董事会第八次会议，会议审议通过 了《关于公司<2020 年股票增值权激励计划（草案）>及其摘要的议案》、《关于 公司<2020 年限制性股票、股票增值权激励计划实施考核管理办法>的议案》以 及《关于提请股东大会授权董事会办理股权激励相关事宜的议案》等议案。公司 独立董事就激励计划相关议案发表了独立意见。 同日，公司召开第一届监事会第五次会议，审议通过了《关于公司<2020 年 股票增值权激励计划（草案）>及其摘要的议案》、《关于公司<2020 年限制性股 票、股票增值权激励计划实施考核管理办法>的议案》等议案，公司监事会对激 励计划的相关事项进行核实并出具了相关核查意见。 （2）2020 年 ...

Investment Rating - The report assigns a "Buy" rating to the company, indicating a potential upside in the stock price [3][4]. Core Insights - The company is a leading player in the domestic semiconductor etching equipment sector, enhancing its market share while continuously expanding its product offerings in high-end semiconductor equipment [4]. - Despite a significant increase in R&D expenses leading to a decline in net profit, the company maintains a positive outlook due to its high R&D intensity, which is expected to bolster long-term competitiveness [4]. - The demand for advanced semiconductor processes in China is intensifying, particularly in light of U.S. restrictions on high-tech industries, creating a larger market space for domestic equipment manufacturers [4]. - The company reported a revenue of 3.45 billion RMB in the first half of 2024, a year-over-year increase of 36.5%, while net profit decreased by 48.5% due to previous equity sales [4]. - The company has secured approximately 4.7 billion RMB in new orders in the first half of 2024, reflecting a year-over-year growth of about 40% [4]. Financial Summary - The company is projected to achieve net profits of 1.8 billion RMB, 2.3 billion RMB, and 2.76 billion RMB for the years 2024, 2025, and 2026, respectively, with year-over-year growth rates of 1%, 28%, and 20% [4][6]. - The earnings per share (EPS) are expected to be 2.89 RMB, 3.7 RMB, and 4.44 RMB for the same years, with corresponding P/E ratios of 42, 33, and 27 [4][6]. - The company’s revenue is forecasted to grow from 8.31 billion RMB in 2024 to 13.05 billion RMB in 2026 [8].

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected investment return exceeding 15% over the next six months compared to the CSI 300 index [1][6]. Core Views - The company is positioned to benefit significantly from the domestic shift towards local semiconductor equipment, particularly as Yangtze Memory Technologies accelerates its transition from American to domestic equipment [1]. - The company has a strong order backlog, with expectations of new orders exceeding 7.5 billion yuan in the first three quarters of 2024, representing over 50% year-on-year growth [1]. - The company is actively expanding its product lines, including etching equipment, thin film deposition equipment, and inspection equipment, which are expected to drive robust growth [2]. Summary by Sections Investment Highlights - Yangtze Memory Technologies is rapidly replacing American equipment with domestic alternatives, benefiting companies like the report's subject [1]. - The company reported a significant increase in etching equipment revenue, reaching 2.698 billion yuan in the first half of 2024, a year-on-year growth of 56.68% [1]. - The company anticipates a total of 11 to 13 billion yuan in new orders for 2024, with a projected shipment increase of over 200% year-on-year [1]. Financial Projections - Revenue projections for 2024 to 2026 are set at 8.368 billion, 11.163 billion, and 14.592 billion yuan, respectively, with growth rates of 33.6%, 33.4%, and 30.7% [2]. - The net profit attributable to the parent company is expected to be 1.810 billion, 2.396 billion, and 3.235 billion yuan for the same years, with growth rates of 1.4%, 32.4%, and 35.0% [2]. - The company's gross margin is projected to remain stable, around 46% over the forecast period [2]. Market Position and Product Development - The company has established itself as a leader in the domestic etching equipment market, with a significant increase in market share and technological advancements [1]. - The company is focusing on high-aspect-ratio etching technologies and has made substantial progress in developing ultra-low temperature etching technologies [1]. - New product lines, including the Primo TwinStar® and LPCVD equipment, have successfully entered customer validation stages, indicating strong market demand [2].