Core Viewpoint - Xi'an Yiswei Materials Technology Co., Ltd. successfully listed on the Shanghai Stock Exchange, marking a significant milestone for the company and the domestic 12-inch silicon wafer industry, with a market capitalization of 104 billion yuan at closing [1] Company Overview - Xi'an Yiswei is a leading manufacturer in the 12-inch silicon wafer sector, contributing to the growth of hard technology enterprises and enhancing new productive forces in the capital market [1] - The company aims to continuously drive technological innovation, improve product quality, and enhance management efficiency while adhering to regulatory requirements and improving corporate governance [2] Market Potential - The global demand for 12-inch silicon wafers is projected to exceed 10 million pieces per month by 2026, with China's demand expected to surpass 3 million pieces per month, indicating a vast market opportunity [3] - Xi'an Yiswei's production capacity is set to reach 1.2 million pieces per month by 2026, potentially fulfilling 40% of China's 12-inch silicon wafer demand and capturing over 10% of the global market share [3] Financial Performance - The company's revenue is expected to grow from 1.055 billion yuan in 2022 to 2.121 billion yuan in 2024, reflecting a compound annual growth rate of 41.83% [4] - In the first half of 2025, Xi'an Yiswei achieved a sales volume of 3.8435 million pieces, with revenue increasing by 45.99% year-on-year to 1.302 billion yuan, marking a record high for semi-annual revenue since its establishment [4] Research and Development - Xi'an Yiswei has invested 576 million yuan in R&D from 2022 to 2024, accounting for 12.39% of total revenue, with a compound growth rate of 33.15% [5] - The company holds 1,843 patent applications, with over 80% being invention patents, making it the leading firm in China for authorized invention patents in the 12-inch silicon wafer sector [5] Industry Position - As a key supplier in the 12-inch silicon wafer market, Xi'an Yiswei ranks first or second in supply volume among global manufacturers and is a preferred supplier for new 12-inch wafer fabs in China [4] - The successful listing of Xi'an Yiswei highlights the capital market's strong support for high-potential, technology-driven companies, with expectations of reaching profitability within two years [6]
科创板彰显“硬科技”底色：12英寸硅片头部厂商西安奕材登陆科创板 加速提升全球竞争力