Company Overview - Shanghai Super Silicon has submitted its IPO application to the Sci-Tech Innovation Board, aiming to raise 4.965 billion yuan for projects related to 300mm thin silicon epitaxial wafer expansion, high-end semiconductor silicon material R&D, and working capital [1] - The company operates in the semiconductor market, focusing on the research, production, and sales of 300mm and 200mm silicon wafers, and has developed into a well-known international silicon wafer manufacturer [1][2] - Shanghai Super Silicon has a designed production capacity of 700,000 pieces per month for 300mm wafers and 400,000 pieces per month for 200mm wafers, with products already in mass production for advanced process chips [1] Financial Performance - The company reported revenues of 921 million yuan, 928 million yuan, and 1.327 billion yuan for the years 2022 to 2024, respectively, while net losses were -803 million yuan, -1.044 billion yuan, and -1.299 billion yuan for the same period [2] - As of the end of 2024, the cumulative unabsorbed losses amounted to 3.972 billion yuan [2] - R&D investment as a percentage of revenue increased from 8.43% in 2022 to 18.55% in 2024, with a total of 98 authorized patents, including 52 invention patents [2] Industry Context - The global semiconductor wafer industry has high entry barriers due to technological complexity, long R&D cycles, and significant capital investment, leading to a concentrated market dominated by five major players holding approximately 80% market share [2][3] - In 2024, the global semiconductor wafer market is projected to reach 11.5 billion USD (approximately 826.67 billion yuan), with Shanghai Super Silicon expected to capture a market share of 1.60% [3] - The company faces challenges in increasing its market share due to late entry and existing technological and resource barriers, but there is significant room for growth in the domestic market [3] Future Outlook - Shanghai Super Silicon plans to enhance its technological innovation, improve product competitiveness, diversify its product offerings, and strengthen operational capabilities through the IPO proceeds [3] - The company aims to establish an AI-driven R&D and manufacturing feedback system to bolster team capabilities and governance, ultimately creating value for customers and shareholders [3]
上海超硅科创板IPO获受理 拟募资49.65亿元
Zheng Quan Shi Bao Wang·2025-06-15 09:27