Core Viewpoint - The report from Zhongyou Securities highlights Guangli Micro's significant profit growth and its strategic positioning in the semiconductor industry, particularly in EDA software and wafer-level testing equipment [1] Financial Performance - Guangli Micro achieved a net profit attributable to shareholders of 37.0172 million yuan for the first three quarters of 2025, representing a year-on-year increase of 380.14% [1] - In Q3 alone, the net profit reached 21.3330 million yuan, showing a year-on-year growth of 312.35% [1] Industry Positioning - The company is recognized as a leading supplier of integrated circuit EDA software and wafer-level electrical testing equipment, focusing on improving chip yield and rapid monitoring technology [1] - Guangli Micro has established itself as a key partner for several large integrated circuit manufacturing and design enterprises both domestically and internationally [1] Market Demand and Product Development - The rapid penetration of third-generation semiconductor materials such as silicon carbide (SiC) and gallium nitride (GaN) in high-pressure, high-frequency, and high-temperature applications (e.g., new energy vehicles, rail transit, 5G communication) presents unprecedented challenges in reliability testing [1] - The company has identified this industry demand and launched the WLBI (Wafer Level Burn-in) B5260M aging test system, specifically designed for reliability assessment of SiC and GaN devices [1]
研报掘金丨中邮证券：予广立微“买入”评级，化合物WLBI发布