国产半导体测试接口龙头冲刺科创板！沐曦股份、摩尔线程、壁仞科技、昆仑芯、海光信息都是客户

Core Viewpoint - Taosheng Technology is positioned as a leading domestic enterprise in semiconductor testing interfaces, aiming to leverage its IPO to enhance R&D investment and production capacity, thereby strengthening its core competitiveness in the semiconductor testing field [1][7]. Industry Overview - The semiconductor testing market in China reached 12 billion RMB in 2022 and is expected to exceed 20 billion RMB by 2025, with a compound annual growth rate (CAGR) of over 15%, indicating significant growth potential for domestic companies with core technologies [3]. Company Development - Established in 2007, Taosheng Technology has developed over 100 types of testing probes and more than 4,000 chip testing interface solutions, covering the entire process from chip design verification to mass production testing [3]. - The company ranks first in domestic revenue for chip testing interfaces and is positioned 11th globally, successfully entering a market traditionally dominated by foreign enterprises [3]. Product Expansion - Taosheng Technology is expanding into the MEMS probe card market, which is currently dominated by companies from the US, Italy, and Japan, presenting significant opportunities for domestic alternatives [5]. - The company has achieved independent production of MEMS probe cards and developed core technologies for multi-layer composite ceramic substrates, marking a breakthrough in the wafer testing core consumables sector [5]. Client Base - The company serves over 700 clients across various sectors, including AI, GPU, CPU, and automotive electronics, with notable clients such as Xiaomi, NIO, and Huida [5]. - This diverse client base not only validates the market acceptance of the company's products but also establishes a stable revenue support system for ongoing R&D and market expansion [5]. Future Prospects - The IPO is expected to facilitate Taosheng Technology's growth and contribute to the overall upgrade of the semiconductor industry in China, particularly in high-end testing areas [7].