长江产业集团将通过"产业+资本"赋能，助力台基股份夯实大功率晶闸管领域优势地位，加快和完善功 率半导体多领域布局，聚焦台基股份相关核心器件的拓展，积极布局SiC（碳化硅）和GaN（氮化镓） 等第三代半导体，将台基股份打造成为功率半导体领域龙头企业。长江产业集团将通过此次并购整合省 内半导体产业资源，构建半导体产业集群，促进省内半导体材料、设备、封测等环节协同发展，助力湖 北打造具有全球影响力的世界级光电子信息产业集群。 本次并购完成后，长江产业集团控股上市公司将增至6家，此前已实控广济药业、万润科技、奥特佳、 双环科技、凯龙股份，覆盖生物医药、光电子、新能源汽车、现代化工等行业。 责编：ZB 台基股份总部位于湖北襄阳，是国内大功率半导体器件首家上市公司、功率半导体器件细分领域龙头企 业，主要产品为大功率晶闸管、整流管、电力半导体模块、脉冲功率开关等功率半导体器件及组件。 2025年6月，台基股份宣布公司实控人邢雁等人，拟向长江产业集团转让公司控股股东襄阳新仪元半导 体有限责任公司（下称"新仪元"）576.76万股股权（占新仪元股权比例约 32.04%），转让价格为74.59 元/股，总转让价款4.3亿元。同时 ...

Core Viewpoint - The article highlights the release of two international standards for power semiconductor devices, led by Xi'an Power Electronics Research Institute, marking China's first initiative in revising IEC standards in this field [1] Group 1: International Standards Development - The two international standards are managed by the International Electrotechnical Commission (IEC) Semiconductor Devices Committee [1] - The project was initiated in 2022, with Xi'an Power Electronics Research Institute's expert Wei Hongqi appointed as the project leader, collaborating with experts from Japan, Germany, and South Korea [1] - Since 2012, experts from Xi'an Power Electronics Research Institute have been proposing revisions to IEC standards, leading to the formal start of the revision work [1] Group 2: Research and Testing - The Xi'an Power Electronics Research Institute, along with three leading industry companies, conducted over a thousand related experimental verifications to develop a comprehensive international standard [1] - The institute has a history of producing China's first rectifiers and thyristors, establishing its significance in the power semiconductor device sector [1] Group 3: Contributions to Standardization - The Xi'an Power Electronics Research Institute serves as the domestic technical counterpart for three IEC committees related to power electronic systems and devices [1] - To date, the institute has led the formulation of 40 national standards in the field of power electronics, including 11 national standards specifically for power semiconductor devices, and nearly 70 industry standards [1]

Core Viewpoint - The company, Taiji Co., primarily produces high-power semiconductor devices and components, which are widely used in various electrical systems and industrial control equipment [1] Product Overview - Main products include high-power thyristors, rectifiers, IGBTs, power semiconductor modules, and pulse power switches [1] - These products find applications in industrial frequency converters, motor drives, high-power power supplies, digital energy, smart grids, rail transit, and new energy sectors [1]

Core Viewpoint - The company, Taiji Co., focuses on the research, manufacturing, sales, and service of power semiconductor devices, indicating a strong position in the power semiconductor industry [1] Company Overview - The main products of the company include high-power thyristors, rectifiers, IGBTs, power semiconductor modules, and pulse power switches, showcasing a diverse product range within the power semiconductor sector [1]

Investment Rating - The report assigns an "Accumulate" rating for the company [4]. Core Views - The company has achieved a turnaround in net profit for Q1 2025, with a significant increase in high-end market revenue share [1][2]. - The semiconductor market in China is experiencing accelerated domestic substitution, reducing reliance on imports and creating growth opportunities for local companies [3]. - The company is focusing on high-value applications, with a notable increase in sales of digital energy devices and significant orders in specialized power supply sectors [8][9]. Financial Summary - For 2024, the company is projected to achieve revenue of 354 million yuan, a year-on-year increase of 10.76%, while net profit is expected to decline by 18.77% to 25 million yuan [1]. - The company's revenue is expected to grow steadily from 320 million yuan in 2023 to 537 million yuan by 2027, with a compound annual growth rate (CAGR) of approximately 12.3% [1]. - The gross margin for 2024 is projected at 29.45%, an increase of 6.26 percentage points year-on-year, indicating improved profitability [2]. Market Position and Competitive Advantage - The company ranks among the top domestic players in the high-power semiconductor device sector, with strong production capacity and quality advantages [3]. - The company maintains long-term stable partnerships with leading enterprises in various electrical systems and industrial control equipment sectors, enhancing its market presence [3][8]. - The focus on high-end clients and applications has led to a significant increase in revenue from high-value power semiconductor devices [8].

Core Viewpoint - Hubei Taiji Semiconductor Co., Ltd. is undergoing a potential change in control, which may impact its stock performance and operations [3]. Company Overview - Taiji Semiconductor specializes in the research, manufacturing, sales, and service of power semiconductor devices, including high-power thyristors, rectifiers, IGBTs, power semiconductor modules, and pulse power switches [4]. - The company operates under a vertically integrated (IDM) business model, covering the entire process from product development to sales [4]. Financial Performance - In 2024, Taiji Semiconductor reported total revenue of 354 million yuan, representing a year-on-year increase of 10.76% [4]. - The net profit attributable to shareholders was 25.29 million yuan, a decline of 18.77% compared to the previous year [4]. - The net profit excluding non-recurring gains and losses was 47.59 million yuan, showing a significant increase of 88.94% year-on-year [4]. - The net cash flow from operating activities was 83.92 million yuan, up by 17.52% year-on-year [4]. Recent Developments - On May 19, 2025, Taiji Semiconductor co-founded Jingmai Technology Company, in collaboration with several partners, to focus on the industrialization of silicon-based light-triggered multi-gate semiconductor switch technologies [4].