“科八条”后首家未盈利企业过会！

Core Viewpoint - Xi'an Yiswei Material Technology Co., Ltd. has successfully passed the listing application for the Sci-Tech Innovation Board, marking it as the first unprofitable company accepted by the Shanghai Stock Exchange after the release of the "Eight Policies for Science and Technology" [1][2] Group 1: Company Overview - Xi'an Yiswei specializes in the research, manufacturing, and sales of 12-inch silicon wafers, including silicon single crystal polished wafers and epitaxial wafers [5] - The company has established a core technology system encompassing five major process steps: crystal pulling, shaping, polishing, cleaning, and epitaxy [5] - As of the end of 2024, Xi'an Yiswei has applied for a total of 1,635 domestic and international patents, with over 80% being invention patents, and has obtained 746 authorized patents, with over 70% being invention patents [5] Group 2: Financial Performance - The company reported revenues of 1.055 billion yuan, 1.474 billion yuan, and 2.121 billion yuan for the years 2022, 2023, and 2024, respectively, indicating a compound annual growth rate of over 40% [4] - Xi'an Yiswei has accumulated nearly 600 million yuan in R&D investment during the reporting period, reflecting its commitment to technology-driven development [5] Group 3: Future Prospects - The company plans to raise 4.9 billion yuan, which would be the largest IPO fundraising scale for companies reviewed in 2024, primarily to fund the second phase of its silicon industry base project and to build a second factory [5] - With the gradual completion and production of the second factory, the company anticipates a doubling of its production capacity, significantly enhancing its future profitability [5]