强一股份：持续研发创新 力争成为具有全球竞争力国产探针卡厂商

Core Viewpoint - The company, Qiangyi Semiconductor (Suzhou) Co., Ltd., focuses on the research, design, production, and sales of probe cards, a critical component in semiconductor testing, and aims to break the monopoly of foreign manufacturers in this field [7][12]. Company Overview - Qiangyi Semiconductor is a high-tech enterprise specializing in semiconductor design and manufacturing, particularly in the development of probe cards [7]. - The company has achieved a leading market position in the MEMS probe card sector, being the only domestic company to enter the top ten global semiconductor probe card manufacturers in recent years, ranking ninth in 2023 and sixth in 2024 [7][12]. Technology and Innovation - The company possesses 24 core technologies and has been granted 182 patents, including 72 domestic invention patents and 6 foreign invention patents [13][15]. - Key technologies include high-precision laser etching, palladium alloy electrochemical deposition, and surface flattening technology, which contribute to the company's product offerings [13]. Financial Performance - The company's revenue from 2022 to 2024 is projected to grow from 254.16 million yuan to 641.36 million yuan, with a compound annual growth rate (CAGR) of 58.85% [20]. - Gross profit is expected to increase from 103.65 million yuan in 2022 to 39.55 million yuan in 2024, with gross profit margins rising from 40.78% to 61.66% during the same period [21]. Market Position and Customer Base - The company has over 400 clients, covering major players in the domestic semiconductor industry, including chip design firms and wafer foundries [18]. - It aims to expand its customer base both domestically and internationally while enhancing service capabilities for existing clients [8][23]. Industry Potential - The global semiconductor probe card market is projected to grow from $1.65 billion in 2018 to $2.65 billion in 2024, with a forecasted increase to $3.97 billion by 2029 [28]. - The Chinese probe card market is expected to grow from $13.5 million in 2018 to $35.7 million in 2024, with a CAGR of 21.83% [29]. Strategic Planning - The company plans to enhance R&D efforts to meet diverse customer needs and expand product offerings, aiming to become a globally competitive domestic probe card manufacturer [23]. - Short-term strategies include focusing on high-end products for non-storage applications, while long-term goals involve advancing technology and increasing production capabilities [24][25]. Investment and Development Projects - The funds raised from the IPO will be allocated to projects such as the Nantong probe card R&D and production project, which aims to enhance production capacity and market share [35][36]. - The Suzhou headquarters and R&D center project will focus on building advanced laboratories and attracting high-end technical talent to improve R&D capabilities [37].