【私募调研记录】南土资产调研新益昌

Group 1 - The core viewpoint of the article highlights that Nantu Asset recently conducted research on a listed company, Xin Yichang, which is experiencing strong Mini LED order demand and has signed a procurement order with Suzhou Huaxing Optoelectronics [1] - According to data from Aowei Cloud Network, the penetration rate of Mini LED TVs in China's TV market is expected to significantly increase to 29% in the first half of 2025, with sales expected to grow over 200% year-on-year [1] - Lottu Technology predicts that the global Mini LED market size will exceed $3 billion by 2028, with a compound annual growth rate (CAGR) of approximately 40% [1] Group 2 - Xin Yichang has a series of semiconductor die-bonding machine products and has recently launched wire-bonding machines and testing packaging equipment, with multiple advanced packaging devices currently undergoing verification and optimization [1] - The newly established robotics subsidiary focuses on artificial intelligence research and robot manufacturing and sales, possessing advantages and technical capabilities in developing robotic brains [1] - The company plans to prioritize research and development investments in the semiconductor, Mini LED, and robotics sectors in 2025, while also continuing to expand its overseas market presence to enhance international competitiveness [1]