【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 每日经济新闻 （责任编辑：董萍萍 ） 太平洋证券指出，电子化学品作为电子材料与精细化工相结合的高新技术产品，具有高级、精密、 尖端等特点，半导体涉及的化学品主要有五大类：光刻胶、电子气体、湿化学品、抛光液/抛光垫和金 属靶材。我国半导体领域的国产化程度依然有待提升，随着国内政策扶持力度的加大与国外半导体出口 限制，芯片领域的国产化趋势日益明显。受益于5G、人工智能、消费电子、汽车电子等领域的需求拉 动，全球半导体材料市场规模呈现波动向上的态势，2024年全球半导体材料市场收入规模达675亿美 元。2017-2023年国内半导体材料市场规模由525亿元提升至951亿元，CAGR达到10%，增速高于全球水 平。电子化学品品种多、专业跨度大、专用性强，技术密集且产品更新换代快，与下游行业结合紧密， 新能源、信息通讯等领域的快速发展要求电子化学品加速更新换代。 科创 ...

Core Viewpoint - The Shanghai Fengxian District Government has issued the "Fengxian District General New Materials Industry Development Action Plan (2025-2027)" to enhance the development of the new materials industry, focusing on integrated circuit supporting materials and promoting domestic alternatives [1] Group 1: Industry Focus - The plan emphasizes the use of the Shanghai Electronic Chemical Products Zone as a platform, with key areas being the Hangzhou Bay Development Zone and the Industrial Comprehensive Development Zone [1] - The initiative targets the development of wet chemicals, high-purity targets, electronic gases, and semiconductor packaging materials as key directions for integrated circuit supporting materials [1] Group 2: Company Support - Companies such as Xinxin Lesi, Tongchuang Purun, and Kangmeite are identified as key players in driving the development of advanced process integrated circuit supporting materials [1] - The plan supports the development of high-purity targets above 6N level, high-purity reagents above G3 level, deep ultraviolet photoresists, and associated reagents to accelerate domestic substitution [1] Group 3: Project Development - The plan aims to promote the establishment of the Tongchuang Purun New Materials Industrial Park project to create an ecosystem for industry chain expansion [1]

Group 1 - The core viewpoint is that the semiconductor materials industry is expected to benefit from a recovery in demand and the ongoing trend of domestic substitution, leading to growth opportunities in the sector [1][2][3] - The global semiconductor materials market is projected to reach approximately $67.5 billion in 2024, with a year-on-year growth of 3.8%, following a downturn in 2023 [2] - The domestic wafer manufacturing capital expenditure remains high, which, combined with the recovery in demand, is expected to drive stable growth in materials and other operational expenditure (Opex) businesses [2][3] Group 2 - The domestic semiconductor materials market has seen significant progress in domestic substitution, with over 40% localization rates in silicon wafers, wet electronic chemicals, CMP materials, and target materials [3] - In 2024, the total revenue of selected semiconductor materials companies in China is estimated to be around 34 billion yuan, reflecting a year-on-year increase of 20%, primarily driven by the recovery in downstream terminal demand [3] - However, the net profit for these companies is expected to decline by 35% year-on-year, largely due to losses from companies like Shanghai Silicon Industry and Li'an Micro, which are affected by intensified competition and falling silicon wafer prices [3]

Core Viewpoint - The Guangzhou Development Zone and Huangpu District have introduced policies to support the high-quality development of the integrated circuit industry, focusing on the localization of key equipment and components [1] Group 1: Policy Measures - The newly released policy encourages the development of high-end semiconductor and sensor manufacturing materials, including photomasks, electronic gases, photoresists, polishing materials, and high-purity targets [1] - The policy aims to steadily enhance the supply capacity of key basic materials by actively attracting domestic key basic material enterprises [1] Group 2: Support for Localization - Continuous research and technological breakthroughs will be conducted around key components and system integration for integrated circuit manufacturing, supporting the localization of equipment such as photolithography, cleaning, etching, ion implantation, and deposition [1] - For newly introduced industrial projects with fixed asset investments exceeding 10 million yuan, companies achieving small-scale upgrades during the policy's validity period will receive support of up to 15% of their equipment and tool investment, with a maximum of 10 million yuan [1]

半导体材料：承接 Capex 后周期产能释放和需求复苏， 持续看好 Opex 业务景气度提升 20250616 2024 年全球半导体材料市场规模达 675 亿美元，同比增长 3.8%，晶 圆制造材料占比 64%，封装材料占 36%。中国大陆市场规模达 135 亿 美元，复合增速约 8%，占全球市场 20%，仅次于中国台湾，为第二大 市场。 半导体设备资本开支显著影响 Opex 业务需求。中国大陆半导体设备市 场维持高景气度，资本开支转化为 Opex 业务稳健增长。预计 2025- 2026 年产能端增速约 15%，叠加产能利用率提升，行业 Beta 系数增 速或达 20%-30%。 消费电子和汽车工业的复苏推动半导体边际需求上升。AI 普及等新兴应 用场景持续增加对底层芯片的需求，半导体需求将持续上升。华虹 IPO 项目下半年释放新产能，满足市场需求。 半导体材料中，硅片占比 38%，光刻机及辅助材料占比 12%，电子气 体与掩模板比例相近。硅片、CMP 材料及湿电子化学品国产化率已超 40%，但光刻胶、掩模板及电子气体国产化率仍有提升空间。 Q&A 半导体材料板块的未来景气度和投资机会如何？ 2024 年 ...

Core Viewpoint - The company is actively engaging in various projects to enhance its operational efficiency and profitability, despite facing challenges in the market for its main products [1][2]. Group 1: Company Announcements - The company announced an earnings briefing on June 12, 2025, to discuss its financial performance and strategic initiatives [1]. - The company clarified that there are no major restructuring plans involving Yihua Group, and it is focused on a specific stock issuance to acquire a stake in Hubei Hongyi Chemical Technology Co., Ltd. [1]. Group 2: Financial Performance - In Q1 2025, the company reported a main revenue of 613 million yuan, a year-on-year decrease of 26.31%, and a net profit attributable to shareholders of -9.95 million yuan, down 106.01% [2]. - The company's debt ratio stands at 41.07%, with investment income of 89.86 million yuan and financial expenses of -11.99 million yuan, resulting in a gross margin of 4.74% [2]. Group 3: Strategic Initiatives - The company is investing 1.366 billion yuan in upgrading its soda ash production facilities to reduce costs, which is currently in trial production [1]. - A 199 million yuan investment is being made in a thermal system upgrade project, expected to save approximately 11 million yuan annually once fully operational [1]. - The company is developing a 50,000-ton battery-grade sodium carbonate production facility and is conducting small-scale tests for sodium-ion battery cathode materials [1]. - Plans include a new 1.5 million-ton vacuum salt project and a 400,000-ton annual value-added nitrogen fertilizer project, both in preliminary stages [1]. - The company is exploring the decomposition of its main product, ammonium chloride, to recycle ammonia for soda ash production and extract chlorine for other chemical products [1]. Group 4: Market Challenges - The company faced losses in Q4 2024 and Q1 2025 primarily due to a significant decline in market prices for its main products, despite normal production and sales conditions [2].

Core Insights - Guangzhou's Zengcheng District has launched the sale of 9 industrial land parcels to support the development of the real economy and enhance industrial capacity [1][5] - The total area of the land parcels is 13.88 hectares, with a planned construction area of 518,700 square meters, covering various sectors including new displays, textiles, daily chemicals, automotive parts, smart equipment, and construction [1][5] Strategic Emerging Industries - Three industrial land parcels have been designated for the new display industry, focusing on OLED core materials, new display film materials, and key materials such as photoresists and electronic gases [2] - The total area for these parcels is approximately 6.03 hectares, with a combined construction area of 16.06 million square meters, aimed at creating a comprehensive innovation ecosystem for the new display industry [2] Traditional Industry Upgrades - Two industrial land parcels have been allocated for the textile and apparel sector, focusing on high-end denim manufacturing and smart manufacturing bases [3] - The total area for these parcels is 1.53 hectares, with a combined construction area of 9.13 million square meters, integrating digital technology into the production process [3] Diverse Industry Collaboration - Various sectors such as fashion, automotive, smart devices, and construction are being developed through designated land parcels to create a modern industrial system [4] - The automotive sector will see a focus on new energy vehicle parts manufacturing, while the smart device sector will emphasize electronic information industry projects [4] Future Development Plans - Zengcheng District is in a critical phase of industrial consolidation and transformation, with ongoing efforts to provide spatial support for industrial projects [5] - The district aims to build a competitive modern industrial cluster by reinforcing spatial resource guarantees and tracking project implementation [5]

西部最大特种气体生产基地下月试生产 金十数据5月28日讯，公司总经理胡江涛介绍，位于泸州市泸县神仙桥化工园区的项目预计本月内完成 设备调试，下月初可进行试生产。中汀新能源公司主要生产高纯度氧气、氨气、氢气等医用气体，以及 食品气体、储能气体、电子气体等特种气体。公司在建项目是泸州市医食气体供应链的重要补链项目， 去年1月启动建设，总投资5亿元，占地面积64亩。项目建成投产后，将成为西部地区最大医用气体、食 品气体、储能气体、电子气体等多种特种气体生产基地，对泸州乃至川渝滇黔交界处建立完善产业园区 配套、构建循环产业体系发挥积极作用。 ...

Core Viewpoint - The semiconductor wet electronic chemicals and electronic gases market in China is experiencing significant growth opportunities, driven by domestic production capabilities and increasing demand in the semiconductor manufacturing sector [1][3]. Market Overview - In 2023, the market size for electronic chemicals in China reached 24.04 billion yuan, a year-on-year decrease of 7.6%, accounting for 34.6% of the wafer manufacturing materials market [1]. - The wet electronic chemicals sales revenue in 2023 was 8.7 billion yuan, with a year-on-year growth of 9.3%, and is expected to rise to 9.94 billion yuan in 2024 [2]. - The electronic gases market size in 2023 was 8.26 billion yuan, experiencing a decline of approximately 7% compared to 2022, while sales revenue for electronic gas companies reached 17.41 billion yuan, a year-on-year increase of 22.1% [2]. Domestic Production and Growth - Domestic wet electronic chemicals have made significant progress, with over 80% localization in 12-inch integrated circuit production lines and more than 40% in logic products [2]. - The overall sales revenue of electronic chemicals in China was approximately 28.95 billion yuan in 2023, reflecting a substantial year-on-year growth of 14.9% [3]. - The demand for wet electronic chemicals and electronic gases is expected to grow faster than the global average due to the expansion of traditional wafer factories and the acceleration of third-generation semiconductor projects [3]. Forum Information - The 6th Semiconductor Wet Electronic Chemicals and Electronic Gases Forum will be held on March 19, 2025, in Hangzhou, Zhejiang, organized by Asia Chemical Consulting [1][4]. - The forum will feature presentations from leaders and experts from various companies and institutions, including PetroChina, Runjing Technology, and Huawei Electronic Materials Laboratory [1][3]. Sponsorship Opportunities - Various sponsorship options are available for the forum, including keynote speeches, advertising in the conference materials, and on-site exhibition opportunities [8].

● 第六届半导体湿电子化学品与电子气体论坛 将于2025年 3月19日 在 浙江杭州 召开，会议由 亚化咨询 主办。 ● 中石油、润晶科技、金宏气体、 上海市集成电路行业协会、 中科院过程所、华为电子材料实验室、江苏集萃、 浙江省化工研究院、东华大学 等企业的领导与专家领衔作报告 尊敬的行业同仁： 亚化咨询将于 2025 年 3 月19 日 在 浙江杭州 召开 第六届半导体湿电子化学品与电子气体论坛。 2023年我国电子化学品（光刻胶及配套试剂、电子气体、工艺化学品、CMP抛光液）市场规模达到 240.4亿元，同比下降7.6%，约占晶圆制造材料市场规模的34.6%。 预计2024年我国电子化学品市 场将由下降转为增长，恢复至2022年的市场规模。 近年来，我国湿电子化学品企业整体进步较为明显，除部分复配型产品，例如清洗液、刻蚀液等产 品，其余种类几乎均可实现国产化。尤其是在8英寸及以下集成电路生产线，湿电子化学品基本实 现本土化；在12英寸集成电路生产线，存储工艺化学品国产化率超 80% 。逻辑类产品， 40% 以上 的湿电子化学品已经可以本土化。2023年我国湿电子化学品销售收入为 87亿元 ，同比增长 9 ...