国芯网[原:中国半导体论坛] 振兴国产半导体产业！ 不拘中国、 放眼世界 ！ 关注 世界半导体论坛 ↓ ↓ ↓ 另一方面，市场参与西安奕材新股发行热情高涨，近八成开通科创成长层权限的投资者参与网上认购。 10月22日消息，西安奕斯伟材料科技股份有限公司首次公开发行股票并在科创板上市的发行结果正式揭晓。 公告显示，西安奕材本次发行价格为8.62元/股,发行数量为5378万股,总计募集资金约46.36亿元，净额约为45.07亿元。发行工作顺利完成。 西安奕材此次IPO是陕西省2025年迄今规模最大的IPO，募资金额更是跻身年内A股第二大IPO行列，仅次于华电新能。 更值得关注的是，国家集成电路产业投资基金（大基金二期）、陕西集成电路基金（由西安高新金控旗下西高投管理）等"国家队"及地方国企纷纷参与战 略配售，其中西高投作为公司"天使投资人"，截至发行前以9.06%持股稳居第三大股东，充分凸显产业资本对其长期价值的认可。 作为国内12英寸硅片领域的"硬科技"代表，西安奕材已构建起覆盖拉晶、成型、抛光、清洗、外延五大核心工艺的技术体系。 截至2025年6月末，公司已申请境内外专利合计 1,843 项，80%以上为发明 ...

Core Insights - Xi'an Yichai (688783.SH) officially announced its issuance results on October 22, with an issuance price of 8.62 yuan per share and a total of 53.78 million shares issued, raising a total of 4.636 billion yuan for the second phase of its silicon industry base project [2] - As a leading player in the 12-inch silicon wafer sector in China, Xi'an Yichai's listing marks a new milestone in the semiconductor materials field, being the first unprofitable company to be accepted and approved under the "Science and Technology Innovation Board Eight Articles" [2] - The company focuses on the research, production, and sales of 12-inch silicon wafers, ranking first in mainland China and sixth globally, with a projected global market share of approximately 6% in shipment volume and 7% in production capacity by 2024 [2] Domestic Market Performance - The company has established itself as a primary supplier for major domestic wafer foundries and storage IDM manufacturers, becoming the largest or second-largest supplier of 12-inch silicon wafers to mainstream storage IDM manufacturers in China [2] - Xi'an Yichai is also the top supplier of 12-inch silicon wafers to leading logic wafer foundries in mainland China and is a preferred supplier for newly established 12-inch wafer fabs [2] International Market Expansion - The company has extended its supply chain and sales channels internationally, maintaining an overseas sales revenue ratio of around 30% from 2022 to the first half of 2025 [3] - As of June 2025, Xi'an Yichai has validated 161 customers, including 122 in mainland China and 39 in Taiwan and overseas, with over 490 validated test chips and more than 100 mass-produced products [3] Financial Performance - The company's revenue increased from 1.055 billion yuan in 2022 to 2.121 billion yuan in 2024, achieving a compound annual growth rate of 41.83% [3] - In the first half of 2025, the company reported revenue of 1.302 billion yuan, a year-on-year increase of 45.99%, marking its best semi-annual performance since establishment [3] - Shipment volume surged from 2.3462 million pieces in 2022 to 6.2546 million pieces in 2024, with a compound growth rate of 63%, reflecting rapid market demand [3] Future Capacity and Industry Impact - The funds raised from the listing will be fully allocated to the construction of the second factory, which, upon reaching full capacity, will achieve a combined output of 1.2 million pieces per month with the first factory [4] - This capacity will meet 37% of the projected 3.21 million pieces per month of 12-inch wafer capacity required by domestic wafer fabs by 2026, significantly alleviating the supply-demand imbalance in the domestic 12-inch silicon wafer market [5]

人工智能时代需要更强的数据算力、更快的数据传输、更大的数据存储和更灵敏的人机交互，而用于实 现前述功能的市场最主流、技术最先进的逻辑和存储芯片以及部分高端模拟和传感器芯片均采用12英寸 晶圆制造工艺，12英寸产能是目前全球晶圆厂扩产的主流方向。 公司通过本次募资保障第二工厂建设，可与已达产的第一工厂形成更优规模效应，根据SEMI统计， 2026年全球12英寸硅片需求将超过1000万片/月，中国大陆地区需求将超过300万片/月。公司2026年第 一和第二两个工厂合计可实现120万片/月产能，可满足届时中国大陆地区40%的12英寸硅片需求，公司 全球市场份额预计将超过10%。 （原标题：西安奕材发行结果公布！12英寸硅片头部厂商，募资加速扩产，全球市场份额进一步提升） 西安奕材10月21日晚间公布发行结果，公司本次发行总量为5.378亿股，发行价为8.62元，其中，网上最 终发行量为8067万股；网下发行量为1.88亿股，网下无锁定期部分最终发行量为8394.76万股。 公司本次发行战略配售数量为2.689亿股，参与战略配售的投资者包括参与跟投的保荐人相关子公司中 证投资、公司高管与核心员工参与本次战略配售设立的 ...

Core Insights - New Henghui's stock price increased by 2.11% on October 21, reaching 79.40 CNY per share, with a trading volume of 197 million CNY and a market capitalization of 19.021 billion CNY [1] - The company has seen a year-to-date stock price increase of 90.77%, but has experienced a 1.00% decline over the last five trading days and a 10.91% decline over the last 20 days [1] - New Henghui's main business segments include smart card business (59.74% of revenue), etched lead frame business (28.34%), and IoT eSIM chip testing business (6.16%) [1][2] Financial Performance - For the first half of 2025, New Henghui reported revenue of 474 million CNY, a year-on-year increase of 14.51%, while net profit attributable to shareholders decreased by 11.94% to 88.95 million CNY [2] - The company has distributed a total of 120 million CNY in dividends since its A-share listing [3] Shareholder Information - As of June 30, New Henghui had 37,300 shareholders, a decrease of 30.05% from the previous period, with an average of 1,219 circulating shares per shareholder, an increase of 42.96% [2]

Core Viewpoint - The company, Liang Microelectronics, reports strong market demand for its 12-inch silicon wafer products, particularly for low-resistance orders, indicating a rapid growth phase in production capacity [1] Group 1: Production Capacity - The company has a production capacity of 150,000 12-inch silicon wafers per month at its Chuzhou base, with 100,000 wafers per month dedicated to heavily doped epitaxial wafers [1] - The production capacity for lightly doped polished wafers is 50,000 wafers per month [1] Group 2: Market Demand and Opportunities - There is a robust market demand for the company's products, with full order books for low-resistance products [1] - The long verification cycle for silicon wafer products and the development of new products and production lines by downstream customers present significant opportunities for domestic substitution [1]

金刚石作为半导体衬底材料优势显著 1)高热导率：金刚石在目前已知材料中热导率最高，能在高功率密度设备中有效散热。2)高带隙：金刚 石的带隙约为5.5eV，能够在高温、高电压环境中稳定工作，特别适用于高温/高功率电子设备。3)极高 的电流承载能力：金刚石的电流承载能力远超传统半导体材料，能适应高电流应用。4)优异的机械强 度：金刚石的硬度和抗磨损性使其在苛刻的工作条件下能够保持稳定性能，增加器件的可靠性和寿命。 5)抗辐射性：金刚石的抗辐射性使其适合用于空间、核能等高辐射环境中。 风险提示：AI发展不及预期;新产品市场开拓风险;宏观经济波动风险;政策与标准变化。 随着半导体产业遵循着摩尔定律逐步向2纳米、1纳米甚至是埃米级别迈进，尺寸不断缩小，功率不断增 大，带来了前所未有的热管理挑战。芯片在运行过程中会产生大量热量，若散热不及时芯片温度将急剧 上升，进而影响其性能和可靠性。芯片内部热量无法有效散发时，局部区域会形成"热点"，导致性能下 降、硬件损坏及成本激增。 金刚石是良好的散热材料 传统金属散热材料(如铜、铝)虽然导热性能较好，但其热膨胀系数与高导热、轻量化要求难以兼顾。金 刚石作为一种散热材料，它的热导率 ...

申万菱信中证1000指数增强A（017067）基金经理为刘敦、夏祥全。 10月21日，上海新阳涨5.13%，截至发稿，报58.87元/股，成交3.86亿元，换手率2.41%，总市值184.49 亿元。 资料显示，上海新阳半导体材料股份有限公司位于上海市松江区思贤路3600号，成立日期2004年5月12 日，上市日期2011年6月29日，公司主营业务涉及一类为集成电路制造及先进封装用关键工艺材料及配 套设备的研发、生产、销售和服务,并为客户提供整体化解决方案。另一类为环保型、功能性涂料的研 发、生产及相关服务业务,并为客户提供专业的整体涂装业务解决方案。主营业务收入构成为：集成电 路材料74.93%，涂料品20.86%，集成电路材料配套设备及配件2.76%，集成电路电镀加工1.34%，其他 0.11%。 从基金十大重仓股角度 数据显示，申万菱信基金旗下1只基金重仓上海新阳。申万菱信中证1000指数增强A（017067）二季度 持有股数3.01万股，占基金净值比例为0.83%，位居第九大重仓股。根据测算，今日浮盈赚取约8.64万 元。 申万菱信中证1000指数增强A（017067）成立日期2023年2月14日，最 ...

Core Viewpoint - Jiangfeng Electronics has shown significant stock performance with a year-to-date increase of 36.32%, despite a recent decline of 10.99% over the past five trading days [1][2]. Company Overview - Jiangfeng Electronics, established on April 14, 2005, and listed on June 15, 2017, is located in Yuyao City, Zhejiang Province. The company specializes in the research, production, and sales of high-purity sputtering targets and metal materials [1]. - The main revenue composition includes ultra-high purity targets (63.26%), precision components (21.90%), and others (14.84%) [1]. Financial Performance - For the first half of 2025, Jiangfeng Electronics achieved a revenue of 2.095 billion yuan, representing a year-on-year growth of 28.71%. The net profit attributable to shareholders was 253 million yuan, reflecting a year-on-year increase of 56.79% [2]. - The company has distributed a total of 279 million yuan in dividends since its A-share listing, with 188 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 70,000, up by 52.64%, while the average circulating shares per person decreased by 34.49% to 3,161 shares [2]. - The top circulating shareholder is E Fund's ChiNext ETF, holding 5.162 million shares, a decrease of 47,200 shares from the previous period. Hong Kong Central Clearing Limited is a new fifth-largest shareholder with 4.4673 million shares [3]. Market Activity - On October 21, Jiangfeng Electronics' stock price rose by 2.00% to 94.26 yuan per share, with a trading volume of 287 million yuan and a turnover rate of 1.39%. The total market capitalization reached 25.009 billion yuan [1]. - The stock has appeared on the "Dragon and Tiger List" once this year, with the latest appearance on September 24, where it recorded a net purchase of 2.3706 million yuan [1].

Core Viewpoint - Zhongjing Technology's stock price has shown fluctuations in 2023, with a year-to-date increase of 10.12% but a recent decline of 4.80% over the last five trading days [2]. Company Overview - Zhongjing Technology, established on January 25, 2010, and listed on December 18, 2020, is located in Huzhou, Zhejiang Province. The company specializes in the research, production, and sales of semiconductor silicon materials and products [2]. - The revenue composition of Zhongjing Technology includes: 52.93% from semiconductor monocrystalline silicon wafers, 31.50% from semiconductor power chips and devices, 14.06% from semiconductor monocrystalline silicon rods, and 1.50% from other sources [2]. Financial Performance - As of June 30, 2025, Zhongjing Technology reported a revenue of 217 million yuan, a year-on-year decrease of 1.62%. The net profit attributable to shareholders was 25.74 million yuan, reflecting a year-on-year increase of 144.05% [2]. - The company has distributed a total of 199 million yuan in dividends since its A-share listing, with 39.51 million yuan distributed over the past three years [3]. Stock Market Activity - On October 20, Zhongjing Technology's stock rose by 2.00%, reaching 35.68 yuan per share, with a trading volume of 19.73 million yuan and a turnover rate of 0.58%. The total market capitalization is 4.625 billion yuan [1]. - The net inflow of main funds was 392,300 yuan, with large orders accounting for 12.14% of purchases and 10.15% of sales [1]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 24.77% to 37,600, while the average circulating shares per person decreased by 20.77% to 2,546 shares [2]. - Among the top ten circulating shareholders, the Guotai Zhongzheng Semiconductor Materials Equipment Theme ETF holds 297,200 shares, an increase of 46,000 shares compared to the previous period [3].

Core Viewpoint - The stock of Youyan New Materials has shown significant volatility, with a year-to-date increase of 46.20% but a recent decline of 5.95% over the last five trading days, indicating potential market fluctuations and investor sentiment shifts [2]. Financial Performance - For the first half of 2025, Youyan New Materials reported a revenue of 4.096 billion yuan, a year-on-year decrease of 9.76%, while the net profit attributable to shareholders increased by 218.47% to 130 million yuan [3]. - The company has distributed a total of 562 million yuan in dividends since its A-share listing, with 290 million yuan distributed over the past three years [4]. Shareholder and Market Activity - As of October 10, 2023, the number of shareholders for Youyan New Materials was 151,900, a decrease of 2.70% from the previous period, while the average number of circulating shares per person increased by 2.78% to 5,572 shares [3]. - The stock has appeared on the "Dragon and Tiger List" twice this year, with the most recent net purchase on March 4 amounting to 25.7246 million yuan, representing 7.39% of total trading volume [2]. Stock Performance and Trading Volume - As of October 20, 2023, Youyan New Materials' stock price was 22.75 yuan per share, with a market capitalization of 19.259 billion yuan. The trading volume was 147 million yuan, with a turnover rate of 0.77% [1]. - The stock experienced a net outflow of 2.9309 million yuan from main funds, with large orders accounting for 22.65% of purchases and 19.52% of sales [1]. Business Overview - Youyan New Materials, established on March 12, 1999, specializes in the research, production, and sales of advanced functional materials, including semiconductor materials, rare earth materials, and high-purity metals. The revenue composition includes 74.75% from high-purity metals, 23.52% from rare earth materials, and smaller contributions from infrared optical materials and medical device materials [2].