证券代码：688082 证券简称：盛美上海 公告编号：2024-080 盛美半导体设备（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 12 月 27 日（星期五） 下午 15:00-16:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网址： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频录播和网络互动 投资者可于 2024 年 12 月 20 日（星期五）至 12 月 26 日（星期四）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 （ir@acmrcsh.com）进行提问。公司将在说明会上对投资者普遍关注的问题进 行回答。 盛美半导体设备（上海）股份有限公司（以下简称"公司"）已于2024年10 月31日发布公司2024年第三季度报告，为便于广大投资者更全面深入地了解公司 2024年第三季度经 ...

证券代码：688082 证券简称：盛美上海 公告编号：2024-078 盛美半导体设备（上海）股份有限公司 关于 2019 年股票期权激励计划第二个行权期 第二次行权结果暨股份变动的公告 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： 本次行权股票数量：436,921股，占行权前公司总股本的比例为0.10%。 本次行权股票上市流通时间：本次行权股票自行权日起满三年可上市流 通，预计上市流通时间为2027年12月2日（如遇非交易日则顺延）。 一、本次股票期权行权的决策程序及相关信息披露 （一）2019年11月14日，盛美半导体设备（上海）股份有限公司（以下简称 "公司"）分别召开第一届董事会第一次会议和第一届监事会第一次会议，审议 通过了《关于公司2019年股票期权激励计划（草案）的议案》《关于公司2019年 股票期权激励计划实施考核管理办法的议案》《关于提请股东大会授权董事会办 理2019年股票期权激励相关事宜的议案》等议案。 （二）2019年11月15日，公司通过现场张贴等手段，在公司内部公示了激励 对象 ...

证券代码：688082 证券简称：盛美上海 公告编号：2024-079 盛美半导体设备（上海）股份有限公司（以下简称"公司"）于2024年8月6日 召开第二届董事会第十二次会议及第二届监事会第十二次会议，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》，同意公司使用首次公开发行人民 币普通股取得的部分超募资金及公司自有资金通过集中竞价交易方式进行股份回 购。回购股份将在未来适宜时机用于股权激励或员工持股计划。回购价格不超过90 元/股（含），回购资金总额不低于人民币5,000万元（含），不超过人民币10,000 万元（含），回购期限为自董事会审议通过本次回购方案之日起12个月内。具体内 容详见公司于2024年8月8日在上海证券交易所网站（www.sse.com.cn）上披露的 《关于以集中竞价交易方式回购公司股份方案的公告》（公告编号：2024-044）。 二、 回购股份的进展情况 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第7 号——回购股份》等相关规定，公司在回购期间，应当在每个月的前3个交易日内 公告截至上月末的回购进展情况。现将公司回购股份进展情况公告如下： 截至20 ...

证券代码：688082 证券简称：盛美上海 公告编号：2024-077 盛美半导体设备（上海）股份有限公司 关于 2019 年股票期权激励计划第二个行权期 第一次行权结果暨股份变动的公告 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： 本次行权股票数量：2,150,269股，占行权前公司总股本的比例为0.49%。 本次行权股票上市流通时间：本次行权股票自行权日起满三年可上市流 通，预计上市流通时间为2027年11月25日（如遇非交易日则顺延）。 一、本次股票期权行权的决策程序及相关信息披露 （一）2019年11月14日，盛美半导体设备（上海）股份有限公司（以下简称 "公司"）分别召开第一届董事会第一次会议和第一届监事会第一次会议，审议 通过了《关于公司2019年股票期权激励计划（草案）的议案》《关于公司2019年 股票期权激励计划实施考核管理办法的议案》《关于提请股东大会授权董事会办 理2019年股票期权激励相关事宜的议案》等议案。 （二）2019年11月15日，公司通过现场张贴等手段，在公司内部公示了激励 ...

Core Viewpoint - The scale of restricted shares released in the A-share market has significantly increased to nearly 90 billion yuan this week, with 54 companies involved in the release of 3.855 billion shares, totaling a market value of 89.03 billion yuan [1] Group 1: Major Companies Involved - Shengmei Shanghai (688082.SH) is the largest company in terms of restricted share release, with 358 million shares released on November 18, accounting for 82.01% of its total share capital, resulting in a market value of 38.824 billion yuan [2] - Other notable companies with significant restricted share releases include Fujia Co., Ltd. (603219.SH), Canqin Technology (688182.SH), and Wanxiang Technology (301180.SZ), with market values exceeding 5 billion yuan [1][4] Group 2: Company Performance and Projections - Shengmei Shanghai reported a revenue of 3.977 billion yuan for the first three quarters of 2024, a year-on-year increase of 44.62%, and a net profit of 758 million yuan, up 12.72% [2] - The company has consistently raised its annual revenue forecast, with the latest estimate for 2024 set between 5.6 billion yuan, indicating a positive outlook for future performance [3] - Fujia Co., Ltd. has experienced a decline in revenue and net profit over the past two years, with a 25% drop in net profit last year and a similar decline in the first three quarters of this year [5] - Canqin Technology has shown a year-on-year net profit increase of 68.23% in the first three quarters of this year, although its performance remains below pre-listing levels [7] - Wanxiang Technology has faced significant declines in net profit, with an 86% drop last year and a further 34% decrease in the first three quarters of this year [9] Group 3: Market Reactions and Stock Performance - Shengmei Shanghai's stock price has increased approximately 28% from its issue price of 85 yuan to the latest closing price of 108.54 yuan [3] - Fujia Co., Ltd.'s stock price has risen over 120% compared to its issue price, despite its declining financial performance [6] - Canqin Technology's stock price has seen an increase of nearly 80% from its issue price [8] - Wanxiang Technology's stock price has shown a nearly 30% increase from its issue price, despite its poor financial results [9] Group 4: Types of Restricted Shares Released - This week, 11 companies had restricted shares released that accounted for over 50% of their total share capital, indicating a significant impact on their stock prices due to the increase in circulating shares [10] - The majority of the released shares were original shareholders' restricted shares, with 22 companies involved, alongside 4 companies with directed placement shares and 11 companies with equity incentive restricted shares [10]

Group 1: Company Overview - The company is 盛美半导体设备（上海）股份有限公司, with stock code 688082 and stock abbreviation 盛美上海 [1] - The major shareholder ACMR will unlock 357,692,308 shares on November 18, 2024, accounting for 82.01% of the total share capital [2] Group 2: Financial Performance - As of September 30, 2024, the company reported a stable growth in orders, with sales confirmation increasing by approximately 40%-50% year-on-year [3] - The company has adjusted its 2024 revenue forecast upwards based on the execution progress of existing orders and product delivery plans [4] Group 3: Market Outlook - The company aims to capture 55%-60% of the cleaning market share in mainland China [3] - The expected shipment volume of copper plating equipment in 2024 is projected to increase by 80% compared to the previous year [4] Group 4: Product Development - The company is optimistic about the growth of its storage and logic products, with specific data expected by the end of the year [3] - The new Ultra C bev-p panel edge etching equipment is designed for advanced packaging and is expected to enter production lines next year [9] Group 5: Competitive Advantage - The company has developed a unique PECVD equipment design that allows multiple processes on the same platform, enhancing its competitive edge [8] - The Track equipment features a world-first non-contact backside cleaning module, improving overall system output [7]

Summary of Shengmei Shanghai's Conference Call Company Overview - **Company**: Shengmei Shanghai - **Industry**: Semiconductor Equipment Manufacturing Key Financial Performance - **Q3 2024 Revenue**: CNY 1.573 billion, up 37.96% YoY [2] - **Net Profit**: CNY 315 million, up 35.09% YoY [2] - **Non-GAAP Net Profit**: CNY 306 million, up 31.41% YoY [2] - **Gross Margin**: 45.09% [3] - **Total Assets**: CNY 11.366 billion, with cash and deposits of CNY 2.167 billion [3] Equipment and Technology Advancements - **Cleaning Equipment Revenue**: CNY 2.932 billion, up 75% YoY, accounting for 73% of total revenue [2][4] - **New Technology**: Developed proprietary information equipment with global IP protection, comparable to low-temperature SPM cleaning devices [2][5] - **SPM Process Breakthrough**: Expected to expand market share significantly [2][4] Market and Customer Developments - **Electroplating Equipment**: Revenue decreased by 13% YoY to CNY 709 million, but Q3 shipments increased by 88% [2][6] - **Customer Base Expansion**: Expected increase in electroplating furnace customers from 9 to 17 by year-end [6] - **Global Market Expansion**: Successful collaborations in the US and Europe, with major clients moving to production validation stages [2][7] Capacity and Infrastructure - **New Manufacturing Center**: Launched in October, featuring advanced logistics and production capabilities [2][8] - **R&D Investment**: CNY 612 million in R&D, representing 15.39% of revenue, with a focus on innovative product development [13] Future Outlook - **Revenue Guidance for 2024**: Adjusted to CNY 5.6 billion to 5.88 billion based on detailed assessments of order execution and delivery plans [2][10] - **Sales Growth Projection**: Anticipated double-digit growth in 2025, driven by increased market share and new product introductions [21][24] Innovations and Product Development - **New Product Launches**: Introduction of advanced packaging products and unique cleaning technologies [5][31] - **PECVD Technology**: Differentiated design expected to enhance efficiency and market competitiveness [30] Strategic Initiatives - **International Market Focus**: Aiming for over 50% of revenue from overseas markets, with significant progress in Korea and other regions [23] - **Funding and Growth Plans**: Ongoing secondary offering to support expansion and R&D efforts [25][26] Conclusion - **Long-term Growth Strategy**: Emphasis on platform development and innovative solutions to maintain competitive advantage in the semiconductor equipment market [24][33]

Key Points Summary of the Conference Call Company Overview - The conference call is regarding Shengmei Shanghai's Q3 2024 performance and future outlook, featuring key executives including the Chairman and General Manager [1][2]. Financial Performance - Q3 2024 revenue reached 1.573 billion RMB, a year-on-year increase of 37.96% [1]. - The company reported a gross profit of 709 million RMB with a gross margin of 45.09% [2]. - Net profit for Q3 was 315 million RMB, up 35.09% year-on-year, with a net margin of 20.03% [2]. - For the first nine months of 2024, revenue was 3.977 billion RMB, a 44.62% increase from 2.750 billion RMB in the same period last year [11]. - The company expects full-year revenue to be between 5.6 billion and 5.88 billion RMB, reflecting a positive adjustment based on order execution and delivery plans [10]. Product and Business Development - The cleaning equipment segment saw a revenue increase of 75.87% to 2.932 billion RMB, accounting for 73.73% of total revenue [2]. - The company has made significant technological advancements in high-temperature SPM cleaning technology, positioning itself as a potential second global provider of such equipment [3]. - The newly developed Tahoe cleaning equipment has achieved performance breakthroughs, meeting stringent requirements for high-end manufacturing [4]. - The company is focusing on environmental sustainability, with its Ultra-C Power equipment aimed at reducing environmental impact while increasing AI chip production [4]. Market Position and Competitive Landscape - Shengmei Shanghai is recognized as one of the few suppliers of semiconductor cleaning equipment with international standards, enhancing its market share in China [5]. - The company has expanded its product line to include advanced packaging and other backend equipment, with a 27.51% revenue increase in this segment [6]. - The company is actively pursuing international markets, with a goal of achieving a balanced revenue split between domestic and international sales [10]. Customer and Order Insights - There has been a notable increase in demand from logic, power, and storage sectors, with expectations of significant growth in customer numbers for certain products by the end of the year [8][9]. - The company has received orders for wafer-level packaging equipment from U.S. clients, with deliveries expected in the first half of 2025 [7]. - The company is optimistic about its order growth, with a reported 50% increase in confirmed sales compared to previous periods [18]. Research and Development - R&D investment for the first nine months of 2024 was 612 million RMB, representing 15.39% of revenue, with a 42.14% year-on-year increase [14]. - The company is committed to continuous innovation and product development, with a focus on meeting diverse market needs [11]. Future Outlook - The company anticipates continued double-digit growth in 2025, driven by expanding market share and new product introductions [22]. - The management expressed confidence in achieving significant market penetration with its proprietary technologies and products [27]. Additional Notes - The company is in the process of a secondary offering, with expectations for completion in the third quarter of the following year [29]. - The management emphasized the importance of differentiating their products from competitors to capture market share effectively [34][38].

Investment Rating - The investment rating for the company is "Buy" and is maintained [1] Core Views - The company reported significant growth in revenue and net profit for Q3 2024, achieving revenue of 1.573 billion yuan, a year-on-year increase of 37.97%, driven by strong demand in the semiconductor equipment sector [2] - The company has successfully expanded its customer base and entered new markets, contributing to overall revenue growth [2] - The company has adjusted its revenue forecast for 2024 to a range of 5.6 billion to 5.88 billion yuan, reflecting a more detailed assessment of its business situation as year-end approaches [2][4] - The company is focusing on six major business areas: cleaning, electroplating, advanced packaging wet processes, vertical furnace tubes, coating and developing, and PECVD, which supports a doubling of its serviceable available market [3] Summary by Sections Company Overview - The latest closing price is 123.00 yuan, with a total market value of 53.6 billion yuan and a circulating market value of 9.3 billion yuan [1] Financial Performance - For Q3 2024, the company achieved a net profit of 315 million yuan, a year-on-year increase of 35.09%, with a sales gross margin of 45.09% [2] - The company expects to see a higher growth rate in shipment volume than revenue growth in 2024 due to delivery delays from the previous year [2] Future Projections - Revenue projections for 2024, 2025, and 2026 are estimated at 58.7 billion, 85 billion, and 123 billion yuan respectively, with corresponding net profits of 1.3 billion, 2 billion, and 3 billion yuan [5] - The company’s current price-to-earnings ratios for 2024, 2025, and 2026 are 42x, 27x, and 18x respectively [5] Capital Raising Plans - The company plans to raise up to 4.5 billion yuan to enhance its R&D and testing capabilities, with specific allocations for various projects aimed at strengthening its product development and market expansion [4]

Investment Rating - The investment rating for the company is maintained at "Accumulate" [1][4][7] Core Views - The company has raised its revenue forecast for the full year 2024 to a range of 56.00 to 58.80 billion yuan, up from a previous estimate of 53.00 to 58.80 billion yuan, indicating strong performance in Q4 2024 [1][4] - The expected revenue for Q4 2024 is projected to be between 16.23 and 19.03 billion yuan, representing a year-on-year growth of 42.40% to 66.96% and a quarter-on-quarter growth of 3.22% to 21.02% [1][4] - The company is benefiting from strong demand in the semiconductor equipment sector, with significant progress in new customer acquisition and market development [1][4] Revenue and Profit Forecast - Revenue projections for 2024 to 2026 are updated to 56.77 billion yuan, 70.39 billion yuan, and 84.47 billion yuan respectively, with growth rates of 46.0%, 24.0%, and 20.0% [4][5] - Net profit forecasts for the same period are 11.42 billion yuan, 15.20 billion yuan, and 18.90 billion yuan, with growth rates of 25.4%, 33.1%, and 24.3% [4][5] Financial Data - The company reported a revenue of 15.73 billion yuan in Q3 2024, a year-on-year increase of 37.96% and a quarter-on-quarter increase of 6.09% [1][5] - The gross profit margin for Q3 2024 was 45.09%, a decrease of 10.27 percentage points year-on-year [1][5] - The company’s total assets are projected to reach 11,649 million yuan by 2024, with total liabilities of 4,321 million yuan [6][5] Market Position and Strategy - The company is positioned as a leader in cleaning and plating equipment, with a strategy focused on technological differentiation and product platformization [1][4] - The company has successfully established a comprehensive product portfolio covering approximately 200 billion USD market [1][4] - The new production facility in Lingang is expected to generate over 10 billion yuan in output value [1][4]