Core Viewpoint - Yitang Co., Ltd. has been listed on the Sci-Tech Innovation Board, focusing on semiconductor equipment manufacturing with R&D and manufacturing bases in China, the United States, and Germany [1]. Company Overview - Yitang Co., Ltd. primarily engages in the R&D, production, and sales of wafer processing equipment required in the integrated circuit manufacturing process, providing solutions including dry stripping equipment, rapid thermal processing equipment, and dry etching equipment [9]. - The company claims that its related technologies for major equipment have reached international leading levels, with its dry stripping and rapid thermal processing equipment already applied in production lines of several internationally renowned integrated circuit manufacturers [9]. - As of the end of 2024, Yitang's products have accumulated over 4,800 installations globally, positioning the company as a leader in its respective segments [9]. Financial Information - The initial public offering (IPO) price was set at 8.45 yuan per share, with an institutional offering price of 8.52 yuan per share, resulting in a market capitalization of 24.97 billion yuan [4]. - The company has a projected earnings per share (EPS) ratio of 51.55, compared to the industry average of 29.44 [4]. Market Position - According to Gartner statistics, Yitang's market share for dry stripping and rapid thermal processing equipment ranked second globally in 2023 [9]. - The company is among the few domestic manufacturers capable of mass-producing etching equipment, maintaining a market share within the top ten globally from 2021 to 2023 [9]. Management and Shareholding - The current core management team has extensive experience in the semiconductor industry, having worked for notable companies such as Applied Materials, Intel, ASML, and Tokyo Electron [10]. - Major shareholders include Yitang Shenglong with a 45.05% stake, along with other significant investment firms like Shenchuang Capital and Sequoia Capital [10]. Fundraising and Investment Plans - The company plans to allocate 8 billion yuan (32%) for the development of a semiconductor integrated circuit equipment R&D and manufacturing service center, 10 billion yuan (40%) for high-end integrated circuit equipment R&D, and 7 billion yuan (28%) for development and technology reserve funds [7].

■董事长专访 深耕晶圆加工设备赋能全球芯片制造 "登陆资本市场是公司发展历程中的重要里程碑，也为与广大投资者建立长期沟通机制提供了良好契 机。"日前，屹唐股份董事长张文冬在接受上海证券报记者专访时表示，公司将借助科创板平台，巩固 和增强公司在行业内的市场优势地位，为投资者创造价值和回报。 行业数据显示，屹唐股份的两大半导体核心设备市占率均居全球前二。其中，在干法去胶设备领域，公 司2023年凭借34.6%的市场占有率位居全球第二；在快速热处理设备领域，屹唐股份2023年的市场份额 同样位居全球第二。 据了解，屹唐股份7月8日正式登陆科创板。着眼未来，张文冬表示，屹唐股份将抓住中国半导体行业的 快速发展机遇，深耕晶圆加工设备，同时密切关注全球半导体设备行业的前沿技术，努力成为全球半导 体设备领域值得信赖的引领者，赋能全球芯片制造。 深耕晶圆加工设备 "屹唐股份是一家全球化运营的半导体设备企业，致力于集成电路制造核心环节的晶圆加工设备研发、 生产及销售。"张文冬介绍，公司产品涵盖干法去胶、快速热处理、干法刻蚀三大工艺，定位高端装备 制造厂商。 屹唐股份张文冬： 张文冬表示，通过自主研发，屹唐股份拥有双晶圆真空反应 ...

Weekly New Stock Performance - One new stock was listed from June 30 to July 4, with an average first-day price increase of 286.36%[2] - The only new stock, Xintong Electronics, saw a first-day increase exceeding 100%[2] - No new stocks experienced a first-day decline during this period[2] Weekly New Stock Issuance Trends - The total fundraising amount for new stocks last week was 640 million yuan, an increase of 440 million yuan compared to the previous week[3] - The previous week (June 23 to June 27) had a total fundraising of 200 million yuan with an average first-day increase of 500%[3] - The average first-day price increase for new stocks over the past month was 237.34%[6] Monthly New Stock Issuance Overview - In the month from July 1 to July 4, only one new stock was listed, raising 640 million yuan[9] - In June, eight new stocks were listed, raising a total of 909.8 million yuan, with six stocks seeing first-day increases over 100%[9] - The average first-day price increase for new stocks in June was 237.34%[9] Upcoming New Stock Listings - One new stock, Yitang Co., is set to be listed on the Sci-Tech Innovation Board on July 8, with an issue price of 8.45 yuan and a price-to-earnings ratio of 51.55[16] - One new stock, Huadian New Energy, is scheduled for online subscription on July 7, with expected fundraising of 1.8235 billion yuan[16] Risk Considerations - New stock performance is influenced by market sentiment, and poor market conditions may negatively impact new stock issuance[17] - Newly issued stocks may experience significant price volatility due to limited liquidity and low trading volumes[17]

上交所：北京屹唐半导体科技股份有限公司A股股票将在本所科创板上市交易。该公司A股股本为 295556万股，其中19978.7692万股于2025年7月8日起上市交易。证券简称为"屹唐股份",证券代码 为"688729"。 ...

第一章 总则 第一条 为确立北京屹唐半导体科技股份有限公司（以下简称公司或本公司） 的法律地位，维护公司、股东、职工和债权人的合法权益，规范公司的组织和行 为，根据《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》）等有关法律、行政法规、部门规章和规范性 文件的规定，制定本章程。 第二条 公司系依照《公司法》和其他有关法律、法规及规定成立的股份有限 公司。 第三条 公司系以发起设立的方式经北京屹唐半导体科技有限公司按原账 面净资产值折股整体变更的股份有限公司，承继原北京屹唐半导体科技有限公司 的全部资产、负债和业务，有限责任公司原有股东即为公司的发起人。公司在北 京经济技术开发区市场监督管理局注册登记，并依法取得营业执照，统一社会信 用代码为 91110302MA002X200A。 第四条 公司于【*】年【*】月【*】日经上海证券交易所同意并经中国证券 监督管理委员会（以下简称中国证监会）注册，首次向社会公众发行人民币普通 股【*】股，于【*】年【*】月【*】日在上海证券交易所科创板上市。 第五条 公司注册名称：北京屹唐半导体科技股份有限公司 英文名称：Beijin ...

Summary of Key Points Core Viewpoint - Beijing Yitang Semiconductor Technology Co., Ltd. is set to launch its initial public offering (IPO) on the Sci-Tech Innovation Board on July 8, 2025, with a total share capital of 2,955,560,000 shares after the IPO [1][2]. Group 1: Listing Overview - Stock abbreviation: Yitang Shares [2] - Stock code: 688729 [2] - Total number of shares issued in the IPO: 295,560,000 shares, all of which are new shares with no existing shares being transferred [2]. Group 2: Valuation and Comparisons - The company's IPO price is set at 8.45 yuan per share, which corresponds to a diluted price-to-earnings (P/E) ratio of 51.55 times, higher than the industry average P/E ratio of 29.44 times [3][5]. - The average static P/E ratio for comparable listed companies in the same industry is higher than the company's P/E ratio, indicating potential valuation concerns [4][5]. Group 3: Industry Context - The company operates in the "Specialized Equipment Manufacturing" industry, classified under the national economic industry classification [3]. - The average static P/E ratio for the industry, as of June 24, 2025, is reported to be 29.44 times [3]. Group 4: Contact Information - The company is located in Beijing Economic and Technological Development Zone, with contact details provided for investor inquiries [6]. - The lead underwriters for the IPO are Guotai Junan Securities Co., Ltd. and China International Capital Corporation [6].

股票简称：屹唐股份 股票代码：688729 北京屹唐半导体科技股份有限公司 Beijing E-Town Semiconductor Technology Co., Ltd. （北京市北京经济技术开发区瑞合西二路 9 号） 首次公开发行股票科创板上市公告书 保荐人（联席主承销商） （中国（上海）自由贸易试验区商城路 618 号） 联席主承销商 （北京市朝阳区建国门外大街 1 号国贸大厦 2 座 27 层及 28 层） 二〇二五年七月七日 北京屹唐半导体科技股份有限公司 上市公告书 特别提示 北京屹唐半导体科技股份有限公司（以下简称"屹唐股份""发行人""本 公司"或"公司"）股票将于 2025 年 7 月 8 日在上海证券交易所科创板上市。 本公司提醒投资者应充分了解股票市场风险及本公司披露的风险因素，在新 股上市初期切忌盲目跟风"炒新"，应当审慎决策、理性投资。 2 北京屹唐半导体科技股份有限公司 上市公告书 第一节 重要声明与提示 一、重要声明与提示 本公司及全体董事、监事、高级管理人员保证上市公告书所披露信息的真实、 准确、完整，承诺上市公告书不存在虚假记载、误导性陈述或者重大遗漏，并依 法承担法律责任 ...

北京屹唐半导体科技股份有限公司 首次公开发行股票科创板 上市公告书提示性公告 保荐人（联席主承销商）：国泰海通证券股份有限公司 联席主承销商：中国国际金融股份有限公司 扫描二维码查阅公告全文 本公司及全体董事、监事、高级管理人员保证信息披露的内容真实、准确、 完整、及时，没有虚假记载、误导性陈述或重大遗漏。 经上海证券交易所（以下简称"上交所"）审核同意，北京屹唐半导体科技 股份有限公司（以下简称"屹唐股份""发行人"或"公司"）发行的人民币普 通股股票将于 2025 年 7 月 8 日在上交所科创板上市，上市公告书全文和首次公开 发行股票的招股说明书全文披露于上交所网站（http://www.sse.com.cn）和符合中 国证券监督管理委员会规定条件的网站（中国证券网，www.cnstock.com；中证网， www.cs.com.cn；证券时报网，www.stcn.com；证券日报网，www.zqrb.cn；经济参 考网，网址 www.jjckb.cn），并置备于发行人、上交所、本次发行保荐人（联席 主承销商）国泰海通证券股份有限公司和联席主承销商中国国际金融股份有限公 司的住所，供投资者查阅。 一、上 ...

第一章 总则 第一条 为确立北京屹唐半导体科技股份有限公司（以下简称公司或本公司） 的法律地位，维护公司、股东、职工和债权人的合法权益，规范公司的组织和行 为，根据《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》）等有关法律、行政法规、部门规章和规范性 文件的规定，制定本章程。 第二条 公司系依照《公司法》和其他有关法律、法规及规定成立的股份有限 公司。 第三条 公司系以发起设立的方式经北京屹唐半导体科技有限公司按原账 面净资产值折股整体变更的股份有限公司，承继原北京屹唐半导体科技有限公司 的全部资产、负债和业务，有限责任公司原有股东即为公司的发起人。公司在北 京经济技术开发区市场监督管理局注册登记，并依法取得营业执照，统一社会信 用代码为 91110302MA002X200A。 第四条 公司于【*】年【*】月【*】日经上海证券交易所同意并经中国证券 监督管理委员会（以下简称中国证监会）注册，首次向社会公众发行人民币普通 股【*】股，于【*】年【*】月【*】日在上海证券交易所科创板上市。 第五条 公司注册名称：北京屹唐半导体科技股份有限公司 英文名称：Beijin ...

Core Viewpoint - The domestic semiconductor equipment market is experiencing rapid growth, driven by increasing demand for integrated circuit manufacturing and strategic goals for supply chain security, with Yitang Semiconductor Technology Co., Ltd. set to go public on the STAR Market, reflecting strong market support for tech innovation [1][4]. Group 1: Company Overview - Yitang is a leading player in the domestic semiconductor equipment industry, recognized for its innovative technology and strong market position, with significant investments in R&D projected to increase from approximately 52.99 million yuan in 2022 to 71.69 million yuan in 2024, representing 11.13% to 15.47% of revenue [2]. - The company has a workforce of 349 R&D personnel, accounting for 29.28% of total employees, and holds 445 invention patents as of February 2025 [2]. Group 2: Product and Market Position - Yitang's products span three key areas: dry etching, rapid thermal processing, and dry stripping, widely used in the mass production of various integrated circuits, serving top global and domestic chip manufacturers [3]. - As of the end of 2024, the company has installed over 4,800 units globally, with its dry stripping and rapid thermal processing equipment holding the second-largest market share worldwide, while dry etching equipment ranks in the top ten globally [3]. Group 3: Policy and Market Dynamics - The STAR Market supports "hard technology" companies, facilitating financing for high-growth tech firms, with recent policies aimed at enhancing financial support for innovation and technology-driven industries [4]. - Yitang's IPO is a testament to the capital market's role in supporting new productive forces and industrial upgrades, aligning with national strategies to strengthen technological capabilities [4]. Group 4: Investment Opportunities - There is a growing demand for high-quality tech companies, with Yitang emerging as a scarce investment target due to its solid technological foundation and clear growth trajectory [5]. - The company plans to raise 2.5 billion yuan through its IPO to enhance R&D and production capabilities, with a significant portion of its revenue (66.67%) expected to come from mainland China by 2024 [5]. - The global semiconductor industry is undergoing a significant shift, with China being the largest market, presenting vast growth opportunities for Yitang to establish itself as a key player in the global semiconductor equipment landscape [5][6].