国产出货量第一！东北半导体设备关键零部件龙头IPO获受理：供货中芯国际，拟募资8亿

Core Viewpoint - The article discusses the IPO application of China Science Instrument Co., Ltd. (CSI), a leading domestic semiconductor manufacturing equipment supplier, highlighting its market position, financial performance, and growth prospects in the semiconductor industry [3][4][5]. Company Overview - CSI was established in April 2001 and has been recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise by the state [4]. - The company is a key player in vacuum technology and is the largest domestic manufacturer of dry vacuum pumps for the integrated circuit sector, ensuring supply chain security for critical components [5][6]. Market Position - As of 2024, CSI's dry vacuum pumps are expected to capture approximately 12.72% of the domestic market share in the integrated circuit field, breaking the long-standing monopoly of foreign companies [6]. - The company has supplied over 40,000 dry vacuum pumps, with more than 25,000 units delivered to the integrated circuit sector [6][21]. Financial Performance - CSI's revenue for 2022, 2023, and 2024 was reported at 698 million, 852 million, and 1.082 billion respectively, with net profits of 498 million, 600 million, and 193 million [12][16]. - The company plans to raise 825 million through its IPO to fund the industrialization of dry vacuum pumps, expansion of high-end semiconductor equipment, and R&D projects [8][12]. Product and Revenue Breakdown - The dry vacuum pump segment is the largest revenue contributor, accounting for over 84% of total revenue in 2024 [19][20]. - CSI's products are primarily used in the integrated circuit and photovoltaic sectors, with significant sales to major clients such as SMIC and Yangtze Memory Technologies [24][25]. R&D and Innovation - CSI has developed eight core technologies and holds 99 invention patents, with a dedicated R&D team comprising 158 personnel [20][21]. - The company has successfully transitioned research outcomes into industrial applications, enhancing the domestic production capacity of dry vacuum pumps [10][21]. Competitive Landscape - Despite being a leader among domestic manufacturers, CSI faces competition from established international firms like Edwards and Ebara, which have extensive experience and product offerings [35]. - The company must continue to expand its product applications and market reach to mitigate competitive risks [35].