西安奕材IPO!

Core Viewpoint - The article highlights the successful IPO of Xian Yiswei Material Technology Co., Ltd., marking a significant milestone in the semiconductor industry, particularly in the 12-inch silicon wafer sector in China [2][4]. Group 1: IPO Details - Xian Yiswei's IPO was priced at 8.62 yuan per share, with a total issuance of 53.78 million shares, raising approximately 4.636 billion yuan, netting about 4.507 billion yuan [2]. - This IPO is noted as the largest in Shaanxi Province in 2025 and ranks as the second-largest IPO in the A-share market for the year, following Huadian New Energy [4]. Group 2: Market Participation - There was a strong market enthusiasm for the new stock issuance, with nearly 80% of investors with access to the Sci-Tech Innovation Board participating in the online subscription [4]. - Notable participation from national and local investment funds, including the National Integrated Circuit Industry Investment Fund (Phase II) and the Shaanxi Integrated Circuit Fund, indicates strong industry support and recognition of the company's long-term value [4]. Group 3: Technological and Patent Achievements - Xian Yiswei has established a comprehensive technology system covering five core processes: crystal pulling, shaping, polishing, cleaning, and epitaxy, positioning itself as a representative of "hard technology" in the 12-inch silicon wafer field [4]. - As of June 2025, the company has applied for a total of 1,843 domestic and international patents, with over 80% being invention patents, and has received authorization for 799 patents, with more than 70% being invention patents [4]. Group 4: Customer Base and Market Position - The company has achieved full coverage of domestic and international first-tier manufacturers, ranking as the top or second supplier of 12-inch silicon wafers to major domestic storage IDM manufacturers and leading in supply volume to first-tier logic wafer foundries in mainland China [5]. - Xian Yiswei has also broken the long-standing monopoly of first-tier overseas manufacturers by supplying major global wafer foundries such as UMC, Powerchip, and GlobalFoundries, with an expected 30% of its revenue coming from exports in 2024 [5].