硅谷老兵尹志尧的中国“芯”事

Core Viewpoint - The announcement of the share reduction by Yinjiaoyao, the chairman and general manager of Zhongwei Company, has drawn market attention, highlighting his significant role in transforming the company into a leading player in the semiconductor equipment industry [2][11]. Company Overview - Zhongwei Company, founded by Yinjiaoyao in 2004, has grown from a startup to a global leader in micro-processing equipment, particularly in the etching sector, competing with major international firms like Applied Materials and Lam Research [2][3]. - As of January 16, 2026, Zhongwei's market capitalization reached 236.1 billion yuan [2]. Financial Performance - For the first three quarters of 2025, Zhongwei reported a revenue of 8.063 billion yuan, representing a year-on-year increase of 46.4%, and a net profit attributable to shareholders of 1.211 billion yuan, up 32.66% year-on-year [2][10]. Technological Innovation - Zhongwei has pioneered the "decoupled reactive ion etching" concept, addressing a long-standing industry challenge and leading to significant advancements in etching technology [7]. - The company developed a unique design for simultaneous processing of two wafers in one reactor, doubling production efficiency within the same footprint [7]. Legal Challenges and Market Position - Zhongwei faced legal challenges from major competitors like Applied Materials and Lam Research, which accused it of patent infringement. However, the company successfully defended itself and established its technological independence [8][9]. - The U.S. Department of Commerce lifted export controls on high-end etching equipment to China in 2015, acknowledging Zhongwei's successful development and production capabilities [9]. R&D Investment - In the first three quarters of 2025, Zhongwei's R&D expenditure reached 2.523 billion yuan, a year-on-year increase of approximately 63.44%, accounting for 31.29% of its revenue [10]. Leadership and Vision - Yinjiaoyao, at 82 years old, has maintained a high level of engagement in both research and management, embodying a commitment to advancing China's semiconductor industry [11]. - His return to Chinese nationality symbolizes a personal and professional commitment to contributing to the country's technological development [11].