芯密科技科创板IPO获受理 拟募资7.85亿元

Core Viewpoint - Shanghai Xinyi Technology Co., Ltd. (referred to as "Xinyi Technology") is a leading domestic enterprise in semiconductor-grade perfluoroether rubber sealing components, focusing on the research and application innovation of perfluoroether rubber, and has successfully broken the monopoly of foreign companies in this field [4]. Group 1: Company Overview - Xinyi Technology has independently developed semiconductor-grade perfluoroether rubber materials and achieved stable mass production of perfluoroether rubber sealing rings, which are key components for semiconductor equipment [4]. - The company provides a full range of perfluoroether rubber sealing rings and functional components for core process equipment in semiconductor manufacturing, effectively meeting the stringent vacuum sealing requirements across various models and process nodes [4]. - Xinyi Technology has become the top domestic enterprise in high-end perfluoroether rubber sealing rings for semiconductor equipment, ranking first among Chinese companies and third in the overall market in 2023 and 2024 [4][6]. Group 2: Market Position and Performance - According to statistics from Frost & Sullivan, the domestic market penetration rate of semiconductor-grade perfluoroether rubber sealing rings is less than 10% in 2024, indicating significant potential for domestic substitution [6]. - Xinyi Technology has successfully passed rigorous product certifications from major domestic semiconductor manufacturers since 2021, achieving stable supply to nine of the top ten wafer manufacturers and four of the top five semiconductor equipment manufacturers [6]. - The company's revenue from 2022 to 2024 is projected to be 41.59 million yuan, 130 million yuan, and 208 million yuan, with net profits of 1.73 million yuan, 36.39 million yuan, and 68.94 million yuan respectively [6]. Group 3: IPO and Future Plans - Xinyi Technology's IPO has been accepted by the Shanghai Stock Exchange, with plans to raise 785 million yuan to invest in the research and industrialization of semiconductor-grade perfluoroether rubber sealing components and the construction of a research center [6]. - The investment projects are aimed at enhancing the company's operational capabilities, improving research and development levels, and expanding product varieties, thereby increasing market share in the semiconductor-grade perfluoroether rubber sealing component industry [6].