芯源微：新一代涂胶显影机预计Q4发机

Group 1 - The company, ChipSource Micro (688037.SH), has reported excellent order performance for its strategic new product, the front-end chemical cleaning machine, which has successfully broken foreign monopolies and gained high recognition from domestic leading clients [1][3] - The high-temperature SPM machine has passed process validation from domestic leading customers, leading to multiple orders and repeat batch orders from several major clients after initial validation [1] - The company expresses confidence in achieving its established annual targets, with good order conditions expected in the first half of 2025 [1] Group 2 - The development and customer introduction of the next-generation front-end coating and developing machine are progressing smoothly, with expectations to deliver to clients for validation in the fourth quarter of 2025 [3] - Industry insiders note that the acceleration of domestic semiconductor manufacturing will significantly enhance the supply chain's self-control capabilities, with local equipment manufacturers making breakthroughs in key process areas [3] - ChipSource Micro's ongoing advancements in front-end cleaning and coating developing fields are expected to further increase market share and drive revenue growth [3]