证券代码：688012 证券简称：中微公司 中微半导体设备（上海）股份有限公司 2023 年年度股东大会会议资料 2024 年 4 月 中微半导体设备（上海）股份有限公司 2023 年年度股东大会会议资料 中微半导体设备（上海）股份有限公司 2023 年年度股东大会会议须知 为了确保股东大会的正常秩序和议事效率，保证大会的顺利进行，根据《中 华人民共和国公司法》、《中华人民共和国证券法》、《上市公司股东大会规则》以 及《中微半导体设备（上海）股份有限公司章程》、《中微半导体设备（上海）股 份有限公司股东大会议事规则》等相关规定，特制定 2023 年年度股东大会会议 须知： 一、为保证本次大会的严肃性和正常秩序，切实维护与会股东（或股东代理 人）的合法权益，除出席会议的股东（或股东代理人）、公司董事、监事、高级 管理人员、见证律师及董事会邀请的人员外，公司有权依法拒绝其他无关人员进 入会场。 二、出席会议的股东及股东代理人须在会议召开前 20 分钟到会议现场办理 签到手续，并请按规定出示证券账户卡、身份证明文件或法人单位证明、授权委 托书等，经验证后领取会议资料，方可出席会议。 会议开始后进场的股东无权参与现场 ...

证券代码：688012 证券简称：中微公司 公告编号：2024-025 中微半导体设备（上海）股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 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： 截至 2024 年 3 月 31 日，中微半导体设备（上海）股份有限公司（以 下简称"公司"）通过上海证券交易所交易系统以集中竞价交易方式累 计回购股份 1,601,823 股，占公司总股本 619,279,423 股的比例为 0.2587%，回购成交的最高价为 162.49 元/股，最低价为 122.08 元/股， 支付的资金总额为人民币 229,451,695.1 元（不含印花税、交易佣金等 交易费用）。 一、公司回购股份的基本情况 2024 年 2 月 2 日，公司召开第二届董事会第十九次会议，审议通过了《关 于以集中竞价交易方式回购公司股份方案的议案》。审议同意公司使用公司首次 公开发行人民币普通股取得的超募资金及公司自有资金以集中竞价交易方式回 购公司已发行的 A 股股份，公司本次回购股份拟在披露回 ...

海通证券股份有限公司 关于中微半导体设备（上海）股份有限公司 首次公开发行股票及向特定对象发行证券并上市 之保荐总结报告书 | 保荐机构名称： | 海通证券股份有限公司 | | --- | --- | | 保荐机构编号： | Z22531000 | 经中国证券监督管理委员会《关于同意中微半导体设备（上海）股份有限公司 首次公开发行股票注册的批复》（证监许可[2019]1168 号）批复，中微半导体设备 （上海）股份有限公司（以下简称"中微公司"、"上市公司"或"公司"）首次公开发行 股票 53,486,224 股，每股面值人民币 1 元，每股发行价格人民币 29.01 元，募集资 金总额为人民币 155,163.54 万元，扣除发行费用后，实际募集资金净额为人民币 144,570.28 万元。本次发行证券已于 2019 年 7 月 22 日在上海证券交易所上市。海 通证券股份有限公司（以下简称"保荐机构"或"海通证券"）担任其持续督导保荐 机构，持续督导期间为 2019 年 7 月 22 日至 2022 年 12 月 31 日。 经中国证券监督管理委员会《关于同意中微半导体设备（上海）股份有限公司 向特定对象 ...

半导体 分析师：邹臣 刻蚀设备持续提升市占率，薄膜沉积设备 登记编码：S0730523100001 快速扩大产品覆盖度 z ouchen@ccnew.com 021-50581991 ——中微公司(688012)年报点评 证券研究报告-年报点评 买入(首次) 市场数据(2024-03-28) 发布日期：2024年03月29日 收盘价(元) 149.26 事件：近日公司发布2023年年度报告，2023年公司实现营收62.64 一年内最高/最低(元) 193.01/111.50 亿元，同比+ 32.15%；归母净利润17.86亿元，同比+ 52.67%；扣非 沪深300指数 3,520.96 归母净利润11.91亿元，同比+ 29.58%。2023年第四季度单季度实现 市净率(倍) 5.19 营收22.22亿元，同比+30.97%，环比+ 46.71%；归母净利润6.26亿 流通市值(亿元) 924.34 元，同比+66.14%，环比+299.11%；扣非归母净利润4.58亿元，同比 +66.13%，环比+113.18%。 基础数据(2023-12-31) 每股净资产(元) 28.79 每股经营现金流(元) -1 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [5] Core Views - The company reported a significant increase in new orders, with a total order amount of approximately 8.36 billion yuan in 2023, representing a year-on-year growth of about 32.3% [7] - The sales revenue from etching equipment reached approximately 4.703 billion yuan, a year-on-year increase of about 49.43%, accounting for 75% of total revenue [7] - The company has made progress in its platform layout through self-research and investment, with successful development of various new equipment [8] Summary by Sections Financial Performance - In 2023, the company achieved operating revenue of 6.264 billion yuan, a year-on-year increase of 32.15%, and a net profit attributable to shareholders of 1.786 billion yuan, up 52.67% year-on-year [2][6] - The fourth quarter of 2023 saw operating revenue increase by 31.0% year-on-year, and net profit attributable to shareholders rose by 66.1% [2][6] Order and Market Position - The company’s market share in etching equipment has increased, leading to a substantial rise in new orders, particularly in the domestic market [7] - The company’s new orders for etching equipment amounted to approximately 6.95 billion yuan, reflecting a year-on-year growth of about 60.1% [7] Product Development - The company has successfully validated its first CVD tungsten equipment and received repeat orders from customers, indicating strong demand for its new products [8] - New products, including ALD titanium nitride equipment and various etching devices, are expected to enter the market for validation in 2024 [8] Future Projections - The company is projected to achieve net profits of 2.017 billion yuan, 2.605 billion yuan, and 3.287 billion yuan for the years 2024, 2025, and 2026, respectively, with corresponding PE ratios of 48, 37, and 30 [8]

Investment Rating - The report maintains a "Buy" rating for the company [4][8] Core Views - The company achieved a revenue of 6.264 billion yuan in 2023, representing a year-on-year increase of 32.15%, with a net profit of 1.786 billion yuan, up 52.67% year-on-year [5][6] - The company announced a restricted stock incentive plan for 2024, proposing to grant up to 10.8 million shares, which is about 1.74% of the total share capital [5][7] - The sales of etching equipment significantly drove revenue growth, with etching equipment sales reaching approximately 4.703 billion yuan, a year-on-year increase of about 49.43% [6][8] - The company has a strong order intake, with new orders amounting to 8.36 billion yuan in 2023, a 32.3% increase from the previous year [6][8] - The company plans to launch over 10 new types of thin film deposition equipment in 2024, expanding its product coverage in the thin film equipment market [6][8] Summary by Sections Company Overview - Total market capitalization is 92.4 billion yuan, with a debt-to-asset ratio of 17.2% and a price-to-earnings ratio of 51.65 [4][5] Financial Performance - In 2023, the company reported a revenue of 6.264 billion yuan and a net profit of 1.786 billion yuan, with significant contributions from non-recurring gains [6][11] - The company expects revenues of 8.425 billion yuan, 11.333 billion yuan, and 14.973 billion yuan for 2024, 2025, and 2026 respectively, with corresponding net profits of 2.061 billion yuan, 2.820 billion yuan, and 3.702 billion yuan [8][11] Market Position - The company has increased its market share in domestic chip production lines, particularly in advanced 5nm and below integrated circuit manufacturing [6][8] - The MOCVD equipment orders saw a decline of approximately 72.2% due to fluctuations in the end market, while the company maintains a leading position in the blue-green LED production line [6][8] Incentive Plans - The 2024 stock incentive plan covers up to 1,798 employees, representing 99.72% of the total workforce, aimed at enhancing employee cohesion and operational efficiency [7][8]

Investment Rating - The investment rating for the company is "Buy" (maintained) with a market price of 149.26 CNY per share [2]. Core Views - The company's stock option incentive plan aims to enhance employee motivation, with 10.8 million restricted shares proposed for allocation, representing 1.74% of the total share capital. The grant price is set at 76.10 CNY per share, which is 50% of the closing price on March 27 [4]. - The incentive plan covers 99.72% of employees, which is expected to boost overall employee engagement and performance [5]. - In 2023, the company achieved a revenue of 6.26 billion CNY, a year-on-year increase of 32%, and a net profit of 1.79 billion CNY, up 53%. The fourth quarter of 2023 saw a revenue of 2.22 billion CNY, marking a 31% year-on-year increase and a 47% quarter-on-quarter increase [6]. - The company signed new orders worth 8.36 billion CNY in 2023, with a significant growth in etching orders, which increased by 60% [6]. - The company is expected to maintain a strong upward trend in performance due to a full order book and favorable industry conditions, with net profit forecasts for 2024-2026 adjusted to 2.12 billion CNY, 2.68 billion CNY, and 3.47 billion CNY respectively [7]. Summary by Sections Company Overview - The company is a leader in the etching segment, benefiting from domestic demand and expected to see revenue growth exceeding previous years [6]. Financial Performance - The company reported a significant increase in both revenue and net profit for 2023, with a notable performance in the fourth quarter [6]. - The financial forecasts for the upcoming years indicate continued growth in revenue and net profit, with corresponding P/E ratios decreasing from 44 in 2024 to 27 in 2026 [7]. Incentive Plan - The stock option incentive plan is designed to cover nearly all employees, which is anticipated to enhance motivation and align employee interests with company performance [5]. Market Position - The company is positioned well within the semiconductor equipment industry, with strong order growth and a favorable market outlook [6][7].

Investment Rating - The report maintains a "Neutral" rating for the company, indicating an expected industry return between -10% and 10% relative to the benchmark index [15][18]. Core Insights - The company has shown significant growth in its etching equipment segment, with new orders reaching 6.95 billion yuan in 2023, a year-on-year increase of approximately 60.1% [8]. - The company's revenue for 2023 is projected at 6.264 billion yuan, reflecting a year-on-year growth of 32.15%, with a net profit of 1.786 billion yuan, up 52.67% from the previous year [9][10]. - The company plans to launch over 10 new types of thin film deposition equipment in 2024, expanding its product coverage in this area [8][10]. Financial Data and Forecast - Revenue and profit forecasts for the company from 2024 to 2026 are as follows: - 2024E Revenue: 8.269 billion yuan, YoY growth of 32.02% - 2024E Net Profit: 1.907 billion yuan, YoY growth of 6.76% - 2025E Revenue: 11.112 billion yuan, YoY growth of 34.38% - 2025E Net Profit: 2.542 billion yuan, YoY growth of 33.30% - 2026E Revenue: 14.390 billion yuan, YoY growth of 29.50% - 2026E Net Profit: 3.411 billion yuan, YoY growth of 34.21% [9][10][12]. Business Segments - The company primarily provides etching equipment, MOCVD equipment, and thin film deposition equipment for semiconductor manufacturing, including integrated circuits and LED products [10]. - The etching equipment segment is expected to see sales growth of 38%, 35%, and 30% from 2024E to 2026E, respectively [10]. - MOCVD equipment sales are projected to grow by 5%, 15%, and 20% over the same period [10]. Valuation - The report employs a PE valuation method, suggesting a reasonable market capitalization range of 66.731 billion yuan to 85.797 billion yuan for the company, with a corresponding share price range of 107.76 yuan to 138.54 yuan [9][10].

证券代码：688012 证券简称：中微公司 公告编号：2024-021 中微半导体设备（上海）股份有限公司 关于公司 2022 年限制性股票激励计划 第二个归属期符合归属条件的公告 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： 限制性股票拟归属数量：88.5114 万股 归属股票来源：公司向激励对象定向发行公司 A 股普通股股票 一、本次股权激励计划批准及实施情况 （一）本次股权激励计划方案及履行的程序 1、本次股权激励计划主要内容 （1）股权激励方式：第二类限制性股票。 （2）授予数量：授予的限制性股票数量总量为 400 万股，约占公司 2022 年 限制性股票激励计划（以下简称"激励计划"）草案公告时公司股本总额 61,624.45 万股的 0.649%。本次授予为一次性授予，无预留权益。 （3）授予价格：49.8 元/股（调整后），即满足授予条件和归属条件后，激 励对象可以每股49.8元的价格购买公司向激励对象增发的公司A股普通股股票。 （4）激励人数：本激励计划授予的激励对象总人数为 1104 人 ...

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》"）《科创板上 市公司自律监管指南第 4 号——股权激励信息披露》（以下简称"《监管指南》"） 等相关法律、法规及规范性文件和《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》"）的有关规定，对公司《2024 年限制性股票激励计 划（草案）》及其摘要进行了核查，发表核查意见如下： 中微半导体设备（上海）股份有限公司监事会 关于公司<2024 年限制性股票激励计划（草案）>及其摘要的 程和内容符合《公司法》《证券法》《管理办法》《上市规则》《监管指南》等有关 法律、法规及规范性文件的规定；对各激励对象限制性股票的授予安排、归属安 排（包括授予数量、授予日、授予价格、任职期限要求、归属条件等事项）未违 反有关法律、法规的规定，未侵犯公司及全体股东的利益。本次限制性股票激励 计划相关议案尚需提交公司股东大会 ...