刚刚！西安奕材科创板IPO过会！

Core Viewpoint - The article highlights the approval of Xi'an Yiswei Material Technology Co., Ltd. for its IPO on the Sci-Tech Innovation Board, emphasizing the company's focus on 12-inch silicon wafer production and its potential for future profitability despite current losses [2][4]. Group 1: Company Overview - Xi'an Yiswei is positioned as the largest 12-inch silicon wafer manufacturer in mainland China and the sixth globally, with a projected monthly shipment volume and production capacity accounting for approximately 6% and 7% of the global market, respectively, by the end of 2024 [2]. - The company has not achieved profitability from 2022 to 2024, primarily due to high production costs and significant upfront R&D investments in the large silicon wafer industry [4]. Group 2: Financial Performance and Market Position - The inventory impairment losses as a percentage of revenue are projected to decrease from 25.30% in 2022 to 12.05% in 2024, indicating an improvement in financial health as the industry recovers [4]. - Xi'an Yiswei has established a robust core technology system across five key processes: crystal pulling, shaping, polishing, cleaning, and epitaxy, with a total of 1,635 patent applications, over 80% of which are invention patents [5]. Group 3: Future Prospects and Industry Impact - The funds raised from the IPO will be fully allocated to the construction of a second factory, which is expected to double the company's production capacity and enhance future profitability [5]. - The Sci-Tech Innovation Board's supportive policies for unprofitable hard tech companies are anticipated to accelerate Xi'an Yiswei's capacity expansion and technological development, thereby strengthening the competitiveness and self-sufficiency of the domestic semiconductor industry [5].