目前，全芯智造的辅导工作已正式启动，后续将在国泰海通的协助下完成规范运作、信息披露等系列准备工作。随着其上市进程的推进，国产制造EDA 企业如何突破技术壁垒、构建自主生态，有望获得资本市场更广泛的关注与支持。 | | | 公开发行辅导公示 | 辅导对象 | 辅导机构 | 备案时间 辅导状态 | 派出机构 | 报告类型 | 报告标题 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 北京 | 天津 | 安徽金晟达生物电子科技股份 有限公司 | 国泰海通证券股份有限公司 | 2025-12-10 辅导备案 | 安徽证监局 | 辅导备案报告 | 关于安徽金晟达生 ... | | - | 河北 | II 山西 | | | | | | | | - | 内蒙古 | 辽宁 | 全芯智造技术股份有限公司 | 国泰海通证券股份有限公司 | 2025-12-10 辅导备案 | 安徽证监局 | 辅导备案报告 | 关于全芯智造技术 ... | | = | 吉林 | 黑龙江 | 广东正扬传感科技股份有限公 lo | 华泰联合证券有限责任公司 | 2025-12- ...

Core Viewpoint - The recent U.S. policy shift to lift export restrictions on EDA software to China is seen as a strategic move rather than a benevolent gesture, aiming to maintain control over the EDA market while allowing U.S. companies to compete in China [2][8]. Industry Overview - The EDA industry is highly concentrated, dominated by three major players: Synopsys, Cadence, and Siemens, which together hold 74% of the global market share, with Synopsys at 32%, Cadence at 29%, and Siemens at 13% [4]. - The global EDA market is projected to reach $19.246 billion in 2024, with the Chinese market expected to grow significantly, reaching 18.1% of the global market by 2025 [9]. Financial Performance - Synopsys is expected to generate $6.105 billion in revenue for the 2024 fiscal year, while Cadence's revenue is projected to be approximately $4.641 billion [5]. Market Dynamics - The lifting of restrictions allows the three major EDA companies to resume providing software and technical services to Chinese clients without additional export licenses [6]. - The Chinese EDA industry has been growing rapidly, with a compound annual growth rate of 15.64% expected from 2021 to 2025 [9]. Challenges and Opportunities - Despite the recent policy changes, the Chinese EDA industry still faces challenges in technology and ecosystem development, requiring closer collaboration among chip design companies and foundries [10]. - Domestic EDA firms are pursuing mergers and acquisitions to enhance their capabilities and address market needs, which could lead to a more integrated industry [11]. - The increasing user base for domestic EDA tools is expected to create a substantial feedback loop, aiding in the optimization and iteration of these tools [11]. Future Outlook - The demand for EDA solutions in China is anticipated to grow, presenting opportunities for local companies to expand their market share, albeit in a competitive global landscape [12].