Piotech (SH:688072) Chang Jiang Shang Bao·2025-12-01 02:29Core Viewpoint - The company,拓荆科技, is intensifying its focus on the high-end semiconductor equipment sector by planning to raise up to 4.6 billion yuan through a private placement to enhance its core competitiveness in the thin film deposition equipment field and support its growth in the semiconductor industry [1][2] Group 1: Fundraising and Investment Plans - The company plans to raise no more than 4.6 billion yuan, with the issuance targeting no more than 35 specific investors and not exceeding 30% of the total share capital prior to issuance [1] - The raised funds will be allocated to three main areas: 1.5 billion yuan for the construction of a high-end semiconductor equipment industrialization base, 2 billion yuan for a cutting-edge technology research and development center, and 1.1 billion yuan for supplementing working capital [2] Group 2: Financial Performance - In the first three quarters of 2025, the company achieved a revenue of 4.22 billion yuan, representing a year-on-year increase of 85.27%, and a net profit attributable to shareholders of 557 million yuan, up 105.14% year-on-year, indicating strong business growth [5][6] - The company’s stock price reached 303.3 yuan per share as of November 28, 2025, with a cumulative increase of 97.72% since the beginning of the year, resulting in a total market capitalization of 85.28 billion yuan [1][6] Group 3: Research and Development Focus - The company emphasizes research and development, with R&D expenses increasing significantly from 288 million yuan in 2021 to 756 million yuan in 2024, and a total of 2.484 billion yuan spent over the past five years [6] - As of September 30, 2025, the company had 678 R&D personnel, accounting for 40.72% of the total workforce, with 59 holding doctoral degrees and 416 holding master's degrees [6]