王东升半导体版图再扩张：奕斯伟材料冲刺科创板IPO

Core Viewpoint - Xi'an Yiswei Materials Technology Co., Ltd. is preparing for an IPO on the Sci-Tech Innovation Board, aiming to raise 4.9 billion yuan to support the construction of its second phase of the silicon industry base [1] Group 1: Company Overview - Established in 2016, Yiswei Materials specializes in the research, production, and sales of 12-inch silicon wafers, which are crucial in the semiconductor industry, accounting for over 75% of global silicon wafer shipments [1] - The company has achieved significant milestones in the semiconductor materials sector, with a monthly average shipment of 521,200 wafers by the end of 2024, ranking first among mainland Chinese manufacturers and sixth globally [1] Group 2: Financial Performance - Despite a compound annual growth rate of 41.83% in revenue from 2022 to 2024, Yiswei Materials has reported continuous losses, with net profits of -412 million yuan, -578 million yuan, and -738 million yuan over the past three years, totaling over 1.7 billion yuan in losses [1][2] - The primary reason for the losses is attributed to high fixed costs due to heavy asset investments, with total investments in two factories exceeding 23.5 billion yuan [2] Group 3: Capital Market and Investment - Yiswei Materials has attracted significant capital, securing over 10 billion yuan through seven rounds of financing since its inception, which has supported its rapid development [4] - The founder, Wang Dongsheng, known as the "father of BOE," has a notable reputation in both the technology and investment sectors, and he aims to address the semiconductor industry's "chip shortage" through Yiswei [4] Group 4: Business Scope - Yiswei Group's business encompasses three main areas: chips and solutions, silicon materials, and ecological chain investment incubation [5] - Another significant company under Yiswei Group, Yiswei Computing, has also submitted a prospectus for an IPO on the Hong Kong Stock Exchange, potentially becoming the "first RISC-V stock globally" [5]