此外，光掩膜版制造项目建成投产后，公司将成为国内技术能力先进的独立光掩膜版生产企业，可填补国内先进制程光罩空白，打破国外高端光掩膜版的垄 断局面，提高我国半导体光掩膜产业的安全和可控性。 冠石科技称，宁波公司光掩膜版项目半导体光掩膜版技术节点锁定在350-28nm（其中以45-28nm为主），此布局可加速公司在高精度、低线宽半导体光掩膜 版领域的进口替代进程，填补国内中高端集成电路半导体芯片用光掩膜版的空白。 （校对/黄仁贵） 9月12日，冠石科技在业绩说明会上表示，目前40nm掩模板处于送样验证期，整体验证周期约在6-9个月。 被问及光掩膜项目的进展时，冠石科技表示，根据关键设备的交期，本项目建设周期设定为60个月，建成达产后，将具备年产12,450片半导体光掩膜版的能 力。公司的专业团队主要成员在半导体光掩膜版领域拥有丰富的技术研发经验、生产管理经验及行业资源。公司将继续按照已有的工作计划，积极推进各项 生产工作。 ...

Core Viewpoint - Huawei's high-end product Mate60 Pro has generated significant market interest, leading to a surge in "Huawei concept stocks," particularly Crownstone Technology, which experienced consecutive trading halts due to increased investor attention [1] Company Overview - Crownstone Technology's market capitalization reached 3.7 billion yuan following a notable stock price increase [1] - The company disclosed that only a small portion (1%-2%) of its revenue is derived from products used in Huawei smartphones, indicating limited direct exposure to Huawei's success [1] - Crownstone specializes in the research, production, and sales of semiconductor display devices and specialty adhesive materials, with semiconductor display devices contributing 89% of total revenue in 2022, amounting to 990 million yuan [1] Client Relationships - Crownstone has established strong partnerships with leading display panel manufacturers such as BOE, Rainbow Optoelectronics, and Foxconn, with products used in popular models from brands like Huawei, Xiaomi, OPPO, VIVO, Hisense, Skyworth, Apple, and Samsung [2] - Sales to the top five clients accounted for over 88% of total revenue from 2020 to 2022, with BOE consistently representing over 50% of sales [2] Investment and Growth Plans - The company is focusing on the semiconductor sector, having signed an investment agreement to build a semiconductor photomask manufacturing project with a total investment of 2 billion yuan [2] - A fundraising plan aims to raise up to 800 million yuan for this project, which is expected to have an annual production capacity of 12,450 semiconductor photomasks, covering process nodes from 350-28nm [2][3] Performance and Challenges - Crownstone's revenue and net profit declined in 2022, with total revenue of 1.108 billion yuan, down 20.69%, and net profit of 81.63 million yuan, down 17.25% [3] - In the first half of the current year, revenue and net profit continued to decline, reaching 417 million yuan and 29.27 million yuan, respectively, representing year-on-year decreases of 32.37% and 28.96% [3] - The company has implemented an equity incentive plan for key employees, aiming for revenue growth rates of at least 10%, 30%, and 50% from 2023 to 2025 based on 2022 revenue [3] Market Activity - Recent trading activity indicates significant speculation, with major buying and selling occurring from speculative trading desks [4]

值得一提的是，公司实现55纳米光掩膜版成功交付以及40纳米光掩膜版生产线通线，也意味着公司在中 高端光掩膜版领域取得重要进展。据介绍，该项目技术节点锁定在350-28nm，其中以45-28nm为主，此 布局的核心目标在于加速高精度、低线宽半导体光掩膜版的进口替代进程，填补国内中高端集成电路芯 片用光掩膜版的市场空白。 7月30日，冠石科技（605588.SH）披露了投资者关系活动记录表。宝盈基金、东北证券、基明资本、 东方证券等多家机构调研其宁波半导体光掩膜版项目，重点关注项目进展与商业化突破。该项目的推 进，标志着公司在半导体行业技术领域迈出了实质性的一步。 据调研信息，宁波光掩膜版项目总投资16亿元，设计产能为年产1.245万片半导体光掩膜版。该项目核 心团队源自国际龙头企业，具备全流程工艺覆盖能力。项目自2023年10月开工以来稳步推进，2024年1 月完成厂房封顶，7月首台电子束光刻机顺利交付，10月进入试产阶段。2025年3月，项目实现关键突 破，完成55纳米产品交付，40纳米生产线成功通线，这一成果标志着公司相关技术已从研发阶段向规模 化量产阶段跨越。 目前，该项目已开始为公司贡献营收，2025年 ...