证券日报网2月10日讯，富创精密在接受调研者提问时表示，公司作为技术密集型与资本密集型产业代 表，近年来为应对全球半导体供应链重塑及长期发展需求，持续加大境内外产能建设、高端人才储备、 战略物资采购及研发投入。短期内因多项战略投入集中兑现，导致费用端阶段性承压。随着南通、北京 及新加坡基地产能逐步释放，叠加规模效应显现，公司边际成本有望降低，盈利水平会进一步提升。 ...

Core Viewpoint - The company is focusing on a large customer strategy and enhancing its global service capabilities in the semiconductor equipment sector through platformization and international collaboration, while continuously innovating in technology and production capacity [1][3]. Group 1: Company Strategy and Operations - The company is committed to a large customer strategy, leveraging platformization and international collaboration to improve service capabilities for leading global semiconductor equipment firms [3]. - The company has established production facilities in Nantong, Beijing, and Singapore, with Nantong already in operation and the others set to gradually release capacity [4]. - The company is focusing on advanced process technology, developing specialized surface treatment techniques such as dense spraying, plasma fluorine coating, and nanofilm technology, which are already in mass production for domestic leading clients [5]. Group 2: Financial Performance and Future Outlook - The company's performance has been under pressure due to increased investments in domestic and international capacity, high-end talent acquisition, strategic material procurement, and R&D, leading to temporary cost burdens [2][6]. - As production capacity in Nantong, Beijing, and Singapore is gradually released, along with the realization of scale effects, the company expects a reduction in marginal costs and an improvement in profitability [7]. - Shareholder activity includes a planned reduction in holdings by Guotou Shanghai Fund from March to June 2026, while the largest shareholder, Shenyang Advanced Manufacturing, has been increasing its stake, with a total investment exceeding 170 million yuan [2][8].

Group 1 - The Trump administration is considering a new plan to significantly reduce the U.S. reliance on overseas semiconductor manufacturing, aiming to stimulate domestic manufacturing and reshape the global supply chain [2][4]. - The policy aims to require semiconductor companies to match the number of semiconductors produced in the U.S. with the number imported from overseas suppliers, with potential tariffs for those unable to maintain a "1:1" ratio [4][5]. - Concerns have been raised about the challenges of increasing domestic production due to lower prices of overseas products and the time required to enhance U.S. supply capabilities [4][6]. Group 2 - The U.S. Secretary of Commerce has discussed this plan with semiconductor industry executives, indicating it may be driven by economic security concerns [4][5]. - The new system may allow companies to import semiconductors without tariffs if they commit to producing a certain number domestically, with an initial grace period to help companies adjust [6].

Core Viewpoint - The company, Fuchuang Precision (688409), is actively engaging in share buybacks and strategic investments while navigating challenges related to its major shareholder's financial activities and ongoing investigations [1][3][4]. Group 1: Shareholder Activities - The major shareholder, Shenyang Advanced Manufacturing Technology Industry Co., Ltd., invested nearly 4 million yuan in a share buyback, with a total investment plan ranging from 120 million to 240 million yuan over 12 months [1][2]. - As of June 6, 2025, the major shareholder's shareholding represents 8.2% of the company's total equity, with a recent pledge of 840,000 yuan being lifted [3]. Group 2: Financial Performance - In 2024, the company reported revenue of 3.04 billion yuan, a year-on-year increase of 47.14%, and a net profit attributable to shareholders of 200 million yuan, reflecting a 30% growth [4]. - The company experienced a net loss in the first quarter of the current year, attributed to increased strategic investments and operational costs [4]. Group 3: Strategic Investments and Market Position - The company is focusing on expanding its semiconductor component platform strategy, with a significant increase in overseas revenue reaching 897 million yuan, accounting for 30.25% of total revenue [5]. - Future acquisitions, such as the planned purchase of Beijing Yisheng Precision Semiconductor Co., Ltd., will proceed only after the target company achieves a profit of 50 million yuan [6]. - The company aims to enhance its product offerings in high-value components and gas transmission systems, targeting increased market share and global expansion [6].