Core Viewpoint - Longtu Photomask (688721) has officially achieved mass production of 90nm semiconductor photomask products at its high-end manufacturing base in Zhuhai, while 65nm products are undergoing sample validation, indicating an enhanced influence in high-end processes and broader coverage in downstream fields [1] Group 1: Company Overview - Longtu Photomask was established in 2010, focusing on the research, production, and sales of semiconductor photomasks, and is an independent third-party photomask manufacturer [2] - The company has evolved its technology from 130nm to 65nm and has completed the production equipment layout for the 40nm process node [2] - Longtu Photomask has established deep cooperative relationships with key domestic wafer fabs and design companies, positioning its technical strength and process capabilities among the top tier in the domestic industry [2] Group 2: Research and Development - The R&D team at Longtu Photomask has extensive experience in the semiconductor photomask field, with 43 R&D personnel accounting for 17.41% of the total workforce, including 8 master's degree holders [3] - The company has received multiple recognitions, including "Little Giant" enterprise certification from the Ministry of Industry and Information Technology, and has accumulated 25 invention patents and over 40 utility model patents [3] - In Q1 2025, the company reported revenue of 54.37 million yuan, with R&D investment of 5.65 million yuan, representing 10.4% of revenue, an increase of 2.14 percentage points year-on-year [3] Group 3: Market Opportunities - The semiconductor photomask market is expanding due to strong growth in emerging fields such as renewable energy, AI, autonomous driving, IoT, 5G communication, VR/AR, and the metaverse [4] - Currently, domestic manufacturers in China primarily produce semiconductor photomasks in the 350nm-130nm range, with a low participation rate in nodes below 130nm [4] - The domestic photomask market has a localization rate of about 10%, with high-end photomasks having a localization rate of only approximately 3% [4] - Longtu Photomask aims to increase R&D investment in high-end semiconductor photomasks, aspiring to become a leading benchmark enterprise in the domestic and international markets [4]
龙图光罩：90nm掩模版实现量产 65nm产品开始送样