四川半导体设备商冲刺科创板！大基金二期持股，拟募资8.5亿

Core Viewpoint - The company, Lep Technology, is undergoing an IPO process with a fundraising target of 850 million yuan, focusing on the development of wafer manufacturing and advanced packaging equipment [3][4]. Company Overview - Lep Technology, established in December 2003, specializes in advanced precision laser technology and semiconductor innovation, providing laser process equipment for both front-end and back-end semiconductor processes [2][5]. - The company has a registered capital of 48.18 million yuan and is recognized as a national-level "specialized, refined, and innovative" key small giant enterprise [2]. Market Position - Lep Technology's domestic market share in the laser thermal processing industry is projected to reach approximately 16% by 2024, up from about 3% in 2022 [10][14]. - The company has successfully applied its equipment in advanced processes for various semiconductor products, including 3D NAND Flash, DRAM, and SiC power chips [2][10]. Financial Performance - Lep Technology reported revenues of 0.74 million yuan in 2022, 1.91 million yuan in 2023, and 2.81 million yuan in 2024, with a net profit of 0.23 million yuan in 2023 and 0.55 million yuan in 2024 [15][17]. - The company has a total asset value of 1.049 billion yuan as of March 31, 2025 [15]. Investment Projects - The IPO proceeds will be allocated to several key projects, including the development of wafer manufacturing equipment and advanced packaging equipment, with total investment amounts of 3.058 billion yuan and 1.397 billion yuan, respectively [4][3]. Shareholder Structure - Lep Technology has 28 shareholders, with the top three being Dongjun Investment, Dongguan Lep, and Dongguan Juhui, all from Dongguan, Guangdong [6][8]. - The National Integrated Circuit Fund II is the fourth-largest shareholder, holding 7.66% of the company [8]. R&D and Innovation - The company has a dedicated R&D team of 86 members, accounting for 27.74% of its total workforce, and has obtained 15 invention patents, with over 7 patents applicable to its main business [22][23]. - Lep Technology has developed several advanced laser processing equipment tailored for specific semiconductor manufacturing needs, demonstrating a commitment to innovation [11][14]. Customer Concentration - A significant portion of Lep Technology's revenue is derived from a single major customer, with sales to this customer accounting for over 80% of total revenue in recent periods [24][27]. - The company has established relationships with leading semiconductor manufacturers, including major clients in the industry [26]. Competitive Landscape - The global laser thermal processing equipment market is dominated by foreign companies, with Lep Technology gradually breaking this monopoly in the domestic market [32]. - The company is positioned to benefit from the growing demand for semiconductor equipment in China, which has become the largest single market for semiconductor equipment since 2021 [32].