KINGLAI MATERIALS(SZ:300260) Zheng Quan Shi Bao Wang·2025-10-23 12:20Core Viewpoint - New Lai Materials' subsidiary, Fangxin Precision, is expanding its operations in Kunshan by investing in a semiconductor core component project, which is expected to significantly enhance the company's capabilities in the semiconductor industry and contribute to the domestic semiconductor supply chain [1][3]. Company Summary - New Lai Materials specializes in the research, production, and sales of clean application materials and high-purity materials, primarily serving the food safety, biomedicine, and semiconductor sectors [2]. - The company’s clean application materials utilize key technologies such as heat exchange, homogenization, and fluid processing, while its high-purity materials meet the stringent requirements of the semiconductor manufacturing process [2]. Financial Performance - In the first half of 2025, New Lai Materials reported a revenue of 1.409 billion yuan, a year-on-year decrease of 0.62%, and a net profit attributable to shareholders of 108 million yuan, down 23.06% year-on-year [2]. Project Details - The new project will focus on the research, production, and sales of gas distribution plates and semiconductor aluminum chambers, along with precision cleaning services for semiconductor, TFT, and OLED equipment [1]. - The project is expected to achieve an annual output value exceeding 1.5 billion yuan, with a total investment of 2 billion yuan [1]. Strategic Importance - The agreement between Fangxin Precision and the Kunshan government aims to establish a long-term cooperative mechanism, leveraging each party's strengths to enhance the semiconductor core component project, which is crucial for capitalizing on the domestic semiconductor substitution strategy [3]. - This initiative is anticipated to significantly boost the company's revenue scale, core competitiveness, and sustainable development capabilities, positively impacting its long-term growth [3].