Core Viewpoint - Xi'an Yiswei Materials Technology Co., Ltd. (stock code: 688783) officially listed on the Shanghai Stock Exchange on October 28, 2025, marking the eighth IPO for Yida Capital in 2025, highlighting strong market support for innovative, high-tech companies with significant market potential [1][3]. Company Overview - Xi'an Yiswei specializes in the research, manufacturing, and sales of 12-inch electronic-grade silicon wafers, which are essential for various applications including storage chips, logic chips, image sensors, display driver chips, and power devices [3][4]. - The company is the largest 12-inch silicon wafer manufacturer in mainland China and the sixth globally, with a focus on overcoming reliance on imported silicon wafers [4]. Market Position and Technology - Xi'an Yiswei has established a comprehensive core process system covering crystal growth, shaping, polishing, cleaning, and epitaxy, achieving competitive metrics in crystal defect control and flatness [4]. - The company has the highest number of authorized domestic and international invention patents in the 12-inch silicon wafer sector in mainland China [4]. Strategic Initiatives - The company is positioning itself in the emerging field of high-end AI chips, developing next-generation high-performance logic chips and storage solutions tailored for AI model training [5]. - Xi'an Yiswei is enhancing its domestic supply chain by collaborating with local suppliers for raw materials and equipment, aiming to boost the competitiveness of the domestic electronic-grade silicon wafer industry [7]. Global Market Expansion - The company is not only catering to domestic demand but also targeting global markets, with approximately 30% of its revenue coming from exports between 2022 and the first half of 2025 [7]. - As of June 2025, Xi'an Yiswei has validated 161 customers, with a significant portion of its revenue derived from mass production of silicon wafers [8]. Future Outlook - The funds raised from the IPO will be invested in the second phase of the Xi'an Yiswei silicon industry base, which is expected to enhance production capacity to 1.2 million wafers per month by 2026, potentially increasing the company's global market share to over 10% [8]. - The listing on the Sci-Tech Innovation Board is seen as a new starting point for the company, aiming to deepen its competitive advantages and better serve global customers while contributing to the overall advancement of China's semiconductor industry [8].
「毅」新闻 |年度第8家IPO企业！12英寸硅片龙头西安奕材今日登陆科创板！