内容概况：中国在纳米薄膜技术领域取得了显著进展，特别是在物理气相沉积（PVD）、化学气相沉积 （CVD）和原子层沉积（ALD）等制备工艺方面。这些技术的不断改进，使得纳米薄膜的性能和质量 大幅提升，生产成本降低，为大规模应用奠定了基础。2024年，中国纳米薄膜行业市场规模约为218亿 元，同比增长10.66%。具体来看，物理气相沉积（PVD）和化学气相沉积（CVD）仍是主流制备工 艺，原子层沉积（ALD）技术在极薄膜层与三维结构制备中优势明显。近年来，等离子体增强化学气 相沉积（PECVD）和卷对卷（R2R）镀膜技术在大面积柔性衬底制备中取得突破，显著降低了单位生 产成本。此外，超疏水、防反射、高阻隔、导电与绝缘等功能性薄膜研发活跃，专利申请数量年增长率 超过15%，中国已成为全球纳米薄膜专利最大申请国。 相关上市企业：菲沃泰（688371）、微导纳米（688147）、天奈科技（688116）、富创精密（688409） 相关企业：方大炭素新材料科技股份有限公司、贝特瑞新材料集团股份有限公司、湖北凯龙化工集团股 份有限公司、浙江丰虹新材料股份有限公司、中国铝业集团有限公司、株洲时代华鑫新材料技术股份有 限公司、 ...

Core Viewpoint - The report outlines the ongoing supervision and compliance of Jiangsu Feiwo Tai Nano Technology Co., Ltd. by China International Capital Corporation, emphasizing the company's adherence to regulations and the establishment of effective governance and internal control systems [1][2][3]. Group 1: Continuous Supervision - The sponsor has established and effectively implemented a continuous supervision system and corresponding work plans for Feiwo Tai [1]. - The sponsor has signed a sponsorship agreement with Feiwo Tai, outlining rights and obligations during the supervision period [2]. - Regular communication, site inspections, and due diligence are conducted to ensure compliance with laws and regulations [2][3]. Group 2: Financial Performance - In 2024, the company achieved operating revenue of approximately 479.46 million yuan, a 55.21% increase from the previous year [12]. - The net profit attributable to shareholders was approximately 45.11 million yuan, marking a turnaround from a loss of 41.55 million yuan in 2023 [12]. - The company's gross profit margin stood at 53.09%, primarily due to a higher proportion of revenue from the more profitable external integrated production model [10]. Group 3: Research and Development - The company invested approximately 89.81 million yuan in R&D, representing 18.73% of its operating revenue, maintaining a high level of investment [14]. - The company holds a total of 334 authorized patents, including 240 invention patents, reflecting its commitment to innovation [14]. Group 4: Market and Industry Risks - The company faces risks related to concentrated downstream applications, primarily in the consumer electronics sector, which could impact future performance if market conditions change [6][7]. - The company is also exposed to risks from high customer concentration, with significant revenue derived from its top five clients [6][7]. - The competitive landscape in the nano-coating industry is intensifying, with potential threats from traditional protective product companies entering the market [11][12]. Group 5: Use of Funds - As of December 31, 2024, the company has utilized approximately 136.08 million yuan of raised funds, with specific allocations for projects and working capital [15][16]. - The company has complied with regulations regarding the use of raised funds, ensuring no harm to shareholder interests [19]. Group 6: Corporate Governance - The company has established effective governance structures, including rules for shareholder meetings and board operations, to ensure compliance with regulatory requirements [3][4]. - There have been no reported violations or issues regarding the company's governance or compliance during the supervision period [5]. Group 7: Future Outlook - The company plans to expand its business into automotive electronics, security equipment, and medical devices, indicating a strategic diversification of its revenue sources [6]. - The ongoing development of new products is crucial for maintaining competitiveness in a rapidly evolving market [6][9].