Core Viewpoint - Yitang Co., Ltd. has officially launched its IPO process, with plans to raise 2.5 billion yuan for enhancing its semiconductor equipment manufacturing capabilities and strengthening its market position [1][4]. Group 1: Market Position and Performance - Yitang Co., Ltd. is a global semiconductor equipment company specializing in the development, production, and sales of wafer processing equipment for integrated circuit manufacturing [2]. - In 2023, Yitang Co., Ltd. achieved a market share of 34.60% in the dry etching equipment sector, ranking second globally, and also holds the second position in the rapid thermal processing equipment market [2]. - The company's revenue for 2022, 2023, and 2024 is projected to be 4.763 billion yuan, 3.931 billion yuan, and 4.633 billion yuan, respectively, with net profits of 383 million yuan, 309 million yuan, and 541 million yuan [2]. Group 2: R&D Investment and Domestic Market Strategy - Yitang Co., Ltd. has significantly increased its R&D investment, with expenditures of 530 million yuan, 608 million yuan, and 717 million yuan from 2022 to 2024, representing 11.13%, 15.47%, and 15.47% of its revenue, respectively [3]. - The company has established a new R&D and manufacturing base in Beijing, which has begun mass production, contributing to a rapid increase in domestic business scale [4]. - By 2024, domestic revenue is expected to account for 66.67% of total revenue, indicating a strong focus on local market expansion [4]. Group 3: Future Outlook and Industry Impact - The IPO is anticipated to provide more capital support for the semiconductor industry, fostering technological innovation and market expansion [4]. - Yitang Co., Ltd.'s listing is expected to enhance its core technological capabilities and competitive edge, contributing to the high-quality development of China's integrated circuit industry [4].
屹唐股份IPO启动发行 两大核心设备市占率稳居全球前二
Zheng Quan Shi Bao Wang·2025-06-19 01:31