强一股份IPO首轮回复披露，一致行动协议签订期限存差异，实控权稳定性遭问询

Core Viewpoint - Qiangyi Semiconductor (Suzhou) Co., Ltd. is preparing for an IPO on the Sci-Tech Innovation Board, aiming to raise approximately 1.5 billion yuan for R&D and production projects, with significant growth in revenue and net profit observed in recent years [1][2]. Company Overview - Qiangyi Semiconductor focuses on semiconductor design and manufacturing, particularly in the R&D, design, production, and sales of wafer testing probe cards [1]. - The company reported revenues of 254 million yuan in 2022, 354 million yuan in 2023, and projected 641 million yuan in 2024, reflecting year-on-year growth rates of 39.46% and 80.95% respectively [1]. - Net profit figures for the same years were 15.62 million yuan, 18.66 million yuan, and 233 million yuan, with dramatic growth of 19.43% and 1149.33% [1]. Product and Market Dynamics - The majority of Qiangyi's revenue comes from domestic sales, with 88.37% of revenue in the first half of the year derived from 2D/2.5D MEMS probe cards [2]. - The growth in revenue is primarily attributed to the sales increase of 2D MEMS probe cards, while 2.5D MEMS probe cards are expected to be a significant future revenue driver [2]. - Qiangyi has become the fifth largest player in the MEMS probe card market, replacing Korea Instrument CO., Ltd., with expectations for continued market growth [2]. Shareholding and Control - The controlling shareholder and actual controller of Qiangyi is Zhou Ming, who directly holds 27.93% of the shares and indirectly controls an additional 13.83% through partnerships [3]. - Zhou Ming and his concerted action partners collectively control 50.05% of the company, ensuring significant influence over major decisions [3][4]. - The company has established a concerted action agreement among shareholders to maintain control stability, with plans for renewal after the initial agreement periods [5]. Regulatory Scrutiny - The Shanghai Stock Exchange has requested Qiangyi to disclose details regarding its shareholding changes and the stability of its actual control post-IPO [4]. - The company has confirmed that Zhou Ming has been the actual controller since its establishment, with consistent control over 50% of the shares since 2018 [4].