12月30日，"国产探针卡第一股"强一股份在上海证券交易所科创板挂牌上市，成为科创板第600家上市公司，同时也是苏州年内新增的第11家A股上市公 司。 公司发行价为85.09元/股，首日开盘价为265.60元/股，高开212.14%。截至发稿，N强一报232.55元/股，上涨173.3%。 强一股份上市仪式现场 强一股份是一家专注于服务半导体设计与制造的高新技术企业，聚焦晶圆测试核心硬件探针卡的研发、设计、生产与销售。长期以来，探针卡行业被境外 厂商主导，强一股份通过自主研发掌握MEMS探针制造技术，具备批量生产MEMS探针卡能力，是唯一跻身全球半导体探针卡行业前十大厂商的境内企 业。 中信建投证券股份有限公司党委委员、执委会委员、董事会秘书、投行委主任刘乃生 中信建投证券股份有限公司党委委员、执委会委员、董事会秘书、投行委主任刘乃生表示，今年是强一股份成立的十周年，公司凭借深入的需求理解、扎 实的技术实力、丰富的交付经验以及可靠的规模化生产能力，打破了境外厂商在MEMS探针卡领域的垄断。陪伴强一股份一路前行，中信建投证券坚信， 公司将借助资本的"东风"与团队的不懈奋斗，迎来更加广阔的发展前景。目前，中信建投 ...

Core Viewpoint - Qiangyi Co., Ltd., a leading MEMS probe card manufacturer in Suzhou, Jiangsu, has submitted its IPO application to the Sci-Tech Innovation Board, with a review scheduled for November 12, 2023. The company aims to raise 1.5 billion yuan for R&D and production projects [1][2][31]. Company Overview - Founded in August 2015, Qiangyi Co., Ltd. has a registered capital of 97.1694 million yuan and is recognized as a national-level "little giant" enterprise specializing in advanced manufacturing [1][2]. - The company focuses on the R&D, design, production, and sales of probe cards, breaking the monopoly of foreign manufacturers in the MEMS probe card sector [1][31]. Market Position - Qiangyi ranks ninth in the global semiconductor probe card industry in 2023 and sixth in 2024, being the only domestic company to enter the top ten [1][2]. - The probe card products are used in both non-storage fields (SoC chips, CPUs, GPUs, RF chips) and storage fields (DRAM, NAND Flash) [1][2]. Financial Performance - In 2022, the company reported revenue exceeding 600 million yuan, with a net profit increase of 1149% [4]. - For the first nine months of 2025, Qiangyi's revenue reached 647 million yuan, a year-on-year increase of 65.88%, with a net profit of 248 million yuan, up 100.13% [6][7]. Future Projections - Qiangyi expects its 2025 revenue to be between 950 million and 1.05 billion yuan, representing a growth of 48.12% to 63.71% year-on-year [7][9]. - The company plans to enhance its R&D capabilities and production capacity for MEMS probe cards, particularly in the storage sector, to improve competitiveness [31]. Client Base - The company has over 400 clients, including major chip design firms and foundries, with significant sales to top clients like Company B, which accounts for over 80% of revenue [2][13][18]. - Qiangyi's major clients include well-known companies such as ZTE Micro, Fudan Microelectronics, and others in the semiconductor industry [2][17]. R&D and Innovation - As of September 30, 2025, Qiangyi had 159 R&D personnel, accounting for 19.85% of its total workforce, and held 182 authorized patents [13][14]. - The company has developed various types of probe cards, including 2D/2.5D MEMS probe cards, and is actively expanding its product offerings [15][16]. Supply Chain and Procurement - Qiangyi's procurement is concentrated, with the top five suppliers accounting for a significant portion of its total procurement costs [22][23]. - The company is working to enhance supply chain stability by sourcing core components domestically, while still relying on imports for certain materials [25][31].