鑫华科技44岁总经理田新清华化学系出身，IPO前夕卸任董事职务

Core Viewpoint - Jiangsu Xinhua Semiconductor Technology Co., Ltd. has received acceptance for its IPO on the Sci-Tech Innovation Board, indicating a significant step in its growth and development in the semiconductor industry [1] Group 1: Company Overview - Xinhua Technology focuses on the research, production, and sales of electronic-grade polysilicon, which is a critical material in the semiconductor manufacturing supply chain [1] - The company’s electronic-grade polysilicon is essential for the production of semiconductor silicon wafers and components [1] Group 2: Financial Performance - Projected revenues for Xinhua Technology from 2022 to 2025 are as follows: 1.274 billion yuan in 2022, 946 million yuan in 2023, 1.111 billion yuan in 2024, and 1.336 billion yuan in the first three quarters of 2025 [1] - Net profits attributable to the parent company are projected to be 149 million yuan in 2022, 45.54 million yuan in 2023, 68.62 million yuan in 2024, and 123 million yuan in the first three quarters of 2025 [1] Group 3: Financial Metrics - Total assets as of September 30, 2025, are projected to be approximately 5.818 billion yuan, with a net profit of 77.59 million yuan for the same period [2] - The company’s debt-to-equity ratio is expected to decrease from 40.90% in 2022 to 25.25% in 2025, indicating improved financial stability [2] Group 4: Management Team - The board of directors consists of 11 members, with Nie Wei serving as the chairman since September 2025 [3] - Tian Xin, who has extensive experience in the semiconductor industry, has been appointed as the general manager of Xinhua Semiconductor [4]