Core Viewpoint - Shenzhen Hengyunchang Vacuum Technology Co., Ltd. is set to hold its initial public offering (IPO) meeting on November 14, 2023, marking it as the first company to undergo a public offering review after passing the on-site inspection by the China Securities Association [1] Group 1: Company Overview - Hengyunchang is a leading domestic supplier of core components for semiconductor equipment, primarily engaged in the research, production, sales, and technical services of plasma radio frequency power systems [2][4] - The company has developed a third-generation plasma radio frequency power system that supports 7 to 14 nanometer processes, achieving international advanced levels and filling a domestic gap [2][3] Group 2: Market Position - Hengyunchang has broken the long-standing monopoly of overseas giants in the domestic plasma radio frequency power system market and is now competing on the same stage with them, continuously expanding its market share [4] - According to Frost & Sullivan, the market size for plasma radio frequency power systems in China's semiconductor industry is projected to reach 6.56 billion yuan in 2024, with Hengyunchang holding the leading market share among domestic manufacturers [4] Group 3: Product Development and Technology - The company has established a comprehensive technical system over more than a decade of continuous research and innovation, focusing on faster, more precise, and more stable applications of plasma radio frequency power systems [5] - Hengyunchang has developed a total of 97 authorized invention patents corresponding to its core technologies, all of which are independently developed [5]

Core Viewpoint - The article highlights the significant achievement of Liaoning Tuobang Hongji Semiconductor Materials Co., Ltd. in the 12-inch semiconductor quartz device sector, marking it as the only domestic company in mainland China to pass the supplier qualification certification from KOKUSAI ELECTRIC CORPORATION, a leading global semiconductor equipment manufacturer [2][4]. Group 1: Company Achievements - Tuobang Hongji has successfully broken the technological monopoly of foreign companies in the high-temperature quartz products for 12-inch (300mm) wafers, achieving high recognition from domestic wafer fabs and semiconductor equipment manufacturers [4][5]. - The company has entered the supply chain of notable semiconductor firms such as Northern Huachuang, Yangtze Memory Technologies, UMC, and Shanghai Huahong [4][5]. - The certification from KE Group demonstrates that Tuobang Hongji's products meet international advanced standards in purity and processing precision, enhancing its competitiveness against global enterprises [5]. Group 2: Industry Context - Quartz devices play a crucial role in the semiconductor industry, with high certification barriers set by semiconductor equipment manufacturers [4]. - The semiconductor industry is increasingly viewed as a benchmark for a country's technological strength amid rising global competition [5]. - KE Group, as one of the top ten semiconductor equipment manufacturers globally, holds a market share exceeding 70% in batch ALD and treatment equipment, indicating the high standards required for certification [5]. Group 3: Company Overview - Liaoning Tuobang Hongji specializes in the research, production, and sales of high-purity quartz products, including quartz boats, tubes, and devices, primarily used in semiconductor wafer manufacturing and photovoltaic cell processes [7]. - The company is recognized as a national "specialized, refined, distinctive, and innovative" small giant enterprise and has received certifications from major domestic and international semiconductor equipment manufacturers [7].