【私募调研记录】合道资产调研盛美上海

Group 1 - The core viewpoint of the article highlights that Shengmei Shanghai is focusing on expanding its overseas market presence and is confident in increasing its sales share internationally [1] - Shengmei Shanghai has raised its addressable market in China to $7 billion, based on the assumption of a $40 billion semiconductor equipment market size in China by 2030 [1] - The company reported nearly 40% revenue growth in Q2, driven by strong equipment sales and demand [1] - Shengmei Shanghai maintains its full-year performance guidance unchanged, with contract liabilities reflecting prepayments after product debugging acceptance [1] - The discrepancy in financial reports is attributed to different accounting standards, and the existing capacity at the Lingang plant is sufficient to support the annual performance guidance, with plans for additional capacity next year [1] Group 2 - Shanghai Hedao Asset Management Co., Ltd. is registered in Shanghai with a registered capital of 10 million yuan and is located in the Lujiazui financial district [2] - The company was established in August 2015 and has a research team with rich investment experience, led by a founding team with over 15 years of industry experience [2]