KYLAND(SZ:300353) Jing Ji Guan Cha Wang·2025-09-02 01:34Core Viewpoint - The U.S. has significantly expanded its semiconductor control list to include 136 Chinese companies, marking a critical moment for China's technology sector as it faces unprecedented restrictions [2][6]. Group 1: Industry Developments - The establishment of Beijing Dongtu Semiconductor Technology Co., Ltd. by Dongtu Technology aims to focus on the development of control systems for the semiconductor sector, addressing the long-standing reliance on imported control systems [1][6]. - The U.S. Commerce Department's inclusion of 136 Chinese semiconductor-related entities in the entity list represents the largest expansion in history, affecting major manufacturers across the semiconductor supply chain [2][6]. - The new restrictions include 24 types of semiconductor manufacturing equipment and 3 types of development software, marking the first time industrial control systems have been included in export controls [2][6]. Group 2: Technological Innovations - The Intewell operating system, developed by Dongtu Technology, is the only domestic operating system to achieve the highest safety certification for industrial, automotive, rail transit, and medical applications, with a 100% self-developed microkernel architecture [3][5]. - The Intewell system is designed to meet the extreme demands of semiconductor equipment for data processing, real-time performance, and reliability, providing essential support for high-end equipment like lithography and etching machines [4][5]. Group 3: Strategic Collaborations and Market Impact - Dongtu Technology has formed a strategic partnership with domestic chip company Haiguang Information to create a fully domestic technology base combining the Intewell operating system and Haiguang chips [4][5]. - The global semiconductor equipment sales are projected to reach $125.5 billion in the first half of 2025, with a year-on-year growth of 7.4%, indicating a robust domestic market presence as China's share reaches 32% in 2024 [5][6]. - The Intewell operating system is transitioning from a backup option to a preferred solution in the semiconductor industry, with orders for smart controllers already being released [6].