2026 年 3 月 5 日，上交所上市委将审议重庆臻宝科技股份有限公司（下称 "臻宝科技"）科创板 IPO 项目，这家深耕半导体及显示面板设备零部件领域的 国家级专精特新 "小巨人" 企业，即将迎来资本市场的关键考验。 此次臻宝科技 IPO 由中信证券保荐，公司 2025 年 6 月 26 日正式申报科创板，凭借硅、石英、碳化硅和氧化铝陶瓷等核心零部件的技术积累与市场表 现，成为半导体细分赛道国产替代进程中的重要观察样本。而其所处的半导体设备核心零部件赛道，虽市场细分度高、技术壁垒显著，却也是国产半导体 产业链实现自主可控的关键环节，当前正迎来国际格局重塑与国内企业突围的双重机遇。 . 目前，全球市场份额高度集中于应用材料、东京电子、泛林半导体等国际设备巨头的上游配套供应商手中，典型企业包括京瓷、CoorsTek、Ferrotec、贺 利氏等。这些境外企业在材料研发、精密加工、品牌认证及与高端工艺的适配性上构建了深厚的壁垒，导致国内市场的高端需求长期依赖进口。 然而，在国产替代与产业链自主可控的大趋势下，国内半导体设备零部件赛道正迎来历史性发展机遇。随着中芯国际、华虹半导体、长江存储等国内晶圆 厂产能扩张提 ...

Fundraising Plan - The company plans to issue convertible bonds to raise a total of no more than RMB 750 million for various projects [1] - The total investment for the projects is estimated at RMB 878.1542 million, with the company covering any shortfall through self-raised funds if necessary [1] Market Background - The advanced ceramics market is experiencing significant growth, particularly driven by the semiconductor sector, which is expected to reach a sales total of USD 112.8 billion by 2024 [2][4] - The global advanced ceramics market was valued at RMB 381.8 billion in 2021, with structural ceramics accounting for RMB 106.7 billion, or 28% of the total [2] Domestic Market Opportunities - The domestic market for advanced ceramics has substantial potential for localization, especially in semiconductor equipment where the current domestic replacement rate is low [3][4] - China is projected to spend approximately USD 50 billion on semiconductor equipment in 2024, indicating a strong demand for domestic advanced ceramics [4] Project Overview - The company plans to expand its production capacity for structural functional modular ceramic components, specifically targeting the semiconductor equipment sector [5][6] - The project aligns with national policies aimed at enhancing the self-sufficiency of the semiconductor supply chain [5][6] Technological Advancements - The company has made significant technological advancements in high-purity alumina and high-thermal conductivity aluminum nitride ceramics, positioning itself as a leader in the domestic market [10][11] - The company aims to establish a production base for electrostatic chucks, enhancing its capabilities in high-end ceramic manufacturing [8][10] Market Demand and Growth - The global market for semiconductor ceramic heaters is projected to grow from RMB 10.32 billion in 2023 to RMB 15.26 billion by 2030, with a compound annual growth rate (CAGR) of approximately 5.8% [9] - The demand for high-end ceramic components is expected to rise due to the increasing localization of semiconductor manufacturing in China [9][19] Financial Impact - The fundraising will enhance the company's financial position, increasing total assets and net assets while reducing the debt-to-asset ratio [22][23] - The funds will also be used to supplement working capital, ensuring the company can meet its operational needs as it expands [22][23]