（编辑 袁冠琳） 证券日报网1月7日讯 ，先导基电在接受调研者提问时表示，截至2025年上半年，子公司凯世通现有存 量客户已突破12家，离子注入机产品已通过国内多家12英寸主流晶圆厂客户的验证验收，产品覆盖低能 大束流离子注入机、超低温离子注入机、高能离子注入机等多款机型。其中，应用于CIS器件掺杂的低 能大束流离子注入机实现首台设备验收，并稳步推进批量应用；高能离子注入机产业化进展良好，持续 拓展新客户。此外，公司正加快开发高能离子注入设备、氢离子注入设备、中束流离子注入设备等全谱 系差异化竞争设备。公司不仅持续获得现有核心客户的重复订单，也成功赢得多家新客户的认可，实现 了更多细分领域工艺应用，市场份额稳步提升。未来，凯世通将全力为客户提供性能卓越、高生产效率 的全周期一站式离子注入设备与解决方案，进一步拓展客户基础，增强市场覆盖能力。 ...

近日获悉，青岛思锐智能科技股份有限公司（下称"思锐智能"）完成数亿元C轮融资。本轮融资由国开制造业转型升级基金、中国国有企业结构调整基金 联合领投，招银国际、中银资产、光谷金控等多家具有深厚产业背景的知名投资机构共同参与。 从早期的"中车系"资本加持到如今"国家队"基金领衔入局，思锐智能的融资历程勾勒出企业深耕半导体核心设备领域的成长轨迹，其精准的产品定位则在 破解"卡脖子"难题的产业浪潮中占据了关键赛道。 从产业赋能到资本聚焦，七年六轮融资构建坚实后盾 自2018年成立以来，思锐智能的融资进程与企业发展战略深度绑定，形成产业资本引路、多元资本跟进、国家级资本压轴的鲜明特征。 我们梳理一下其融资脉络： 2019年，成立仅一年的思锐智能完成天使轮融资，投资方锁定中车资本与中国中车，凭借"中车系"背景的产业资源加持，为企业初期的技术布局奠定基 础。2022年，企业完成A轮融资，吸引了中车资本等12家企业参与，资金助力下，思锐智能加速了ALD技术的国产化落地进程。2023年A+轮融资的完 成，进一步夯实了企业的研发实力，为后续离子注入机的研发攻坚提供了支撑。 2024年成为思锐智能的融资密集期，先后完成B轮与B+轮 ...

这是山东财政部门在探索财政科学管理新举措、服务经济社会高质量发展过程中的一个案例。"开展财 政科学管理试点工作以来，我们持续深化财政金融协同，以财政资金为引子，以科学管理为手段，发挥 财政乘数效应，引导带动各类资金资源共同支持高质量发展。"山东省财政厅金融处处长唐宁说。 山东还探索发挥政府投资基金培育作用，借力资本市场支持科创企业融资，助力新质生产力发展。 成立于2023年2月的济南市艾恩半导体科技有限公司，专注于半导体核心关键装备离子注入机的研发、 设计、生产和销售。"公司成立初期，因我们的技术研发具有高风险、不确定性，加之缺少抵押物，营 业收入不高，获取资金支持比较困难。"公司创始人重新华回忆。 新华社北京12月25日电 12月25日,《新华每日电讯》发表题为《更好发挥财政资金"四两拨千斤"作用 ——山东以财政科学管理助推高质量发展》的报道。 "5000万元供应链票据贴现资金1天就到账了，让我们快速拿到原料，持续生产，还帮我们省下融资成 本，这口'金融活水'太解渴了。"近日，日照银行工作人员在昱岚新材料有限公司回访时，总经理郑铁 强指着刚下线的食品级马口铁对他们说。 作为年产70万吨马口铁的龙头企业，昱岚 ...

Group 1 - The establishment of the "China International Science and Technology Promotion Association Mother Fund Branch" aims to enhance the role of mother funds in China's capital market and promote the healthy development of the investment industry, particularly the mother fund sector [1][22][24] - The first three "Fujian Province New Quality Productivity M&A Series Funds" have been launched with a target scale of 2.5 billion yuan and an initial subscription scale of 900 million yuan [3][5] - The Fujian (Xiamen) Social Security Science and Technology Innovation Fund has been officially established with a first phase scale of 20 billion yuan, aiming to support technological innovation and industrial integration [6][7] Group 2 - Jiangxi Investment Fund has successfully completed the filing of the Dingnan Fund, which has a scale of 500 million yuan and will focus on key sectors such as emergency safety and rare earth new materials [8] - Dongguan Science and Technology Innovation Group has completed an investment in Baiyoda Life Science, focusing on high-value medical device localization [10][11] - The National New Fund has led an investment in ShuoKe ZhongKeXin, supporting the domestic semiconductor ion implantation equipment sector [12][14] Group 3 - The launch of the Longjiang Industry Group's Mother Fund AI Intelligent Agent marks a significant step towards digital transformation in fund management, enhancing the integration of capital and projects [15][16] - The first pilot expansion of provincial AIC funds has been officially launched in Fujian, focusing on strategic sectors such as new energy and artificial intelligence [17][18] - China Merchants Capital has engaged in a series of business activities in Kuwait to support the local economy and promote economic diversification [19][20][21]

Core Insights - The company has officially changed its name to "Xian Dao Ji Dian" (600641.SH) as of November 12, 2023, marking a strategic focus on the integrated circuit sector and accelerating the establishment of a platform-based hard technology industry layout involving semiconductor equipment, new materials, and precision components [1][2] - Xian Dao Ji Dian's major shareholder, Xian Dao Technology Group, became the controlling shareholder on November 28, 2024, injecting significant momentum into the company's business transformation [1] - The company is focusing on three core business areas: new materials (with an emphasis on deep processing of bismuth compounds), semiconductor equipment (targeting key technologies for 28nm and more advanced processes), and precision components [1] Business Strategy - The brand renewal reflects the company's commitment to focusing on the semiconductor core sector, integrating resources in rare metal, high-end electronic materials, and precision manufacturing [2] - The company aims to enhance R&D investment and strengthen collaboration among production, education, research, and application, aspiring to become an indispensable "key piece" in China's semiconductor industry chain [2] - The strategy emphasizes independent innovation as the core driving force, leveraging global resources from Xian Dao Technology Group to enhance technology development and market expansion [2]

Investment Rating - The investment rating for the company is "Buy" and is maintained [9]. Core Insights - The company achieved a revenue of 370 million yuan in Q3 2025, representing a year-on-year increase of 246.80%. However, the net profit attributable to shareholders was -22 million yuan, a decrease of 156.57% year-on-year. The gross profit margin was 23.71%, down 34.72 percentage points [2][6]. - For the first three quarters of 2025, the company reported a revenue of 1.069 billion yuan, a year-on-year increase of 247.43%, with a net profit of 19 million yuan, up 158.93% year-on-year. The gross profit margin for this period was 26.20%, down 33.10 percentage points [2][6]. - The semiconductor equipment product line is continuously expanding, providing a one-stop solution for customers. The company has successfully delivered various ion implantation machines and is accelerating the development of differentiated competitive equipment [12]. - New materials are becoming a significant growth driver for the company, with the bismuth business showing rapid capacity and sales growth. The company is expected to maintain a leading position in the bismuth materials market [12]. - The company is accelerating its business transformation, with semiconductor equipment and materials expected to become core growth drivers. The ion implantation machines have passed verification from several domestic wafer manufacturers, indicating potential for rapid revenue and profit growth [12]. Financial Performance - In 2024, the company is projected to achieve a total revenue of 581 million yuan, with a net profit of 108 million yuan. By 2027, the revenue is expected to reach 2.922 billion yuan, with a net profit of 315 million yuan [19]. - The projected earnings per share (EPS) for 2025 is 0.07 yuan, increasing to 0.34 yuan by 2027, reflecting a significant growth trajectory [19].

11月12日，经上海证券交易所批准，上海先导基电科技股份有限公司的证券简称正式由"万业企业"变更 为"先导基电"，证券代码"600641"保持不变，公司全新品牌标识同步启用。此次更名标志着公司战略重 心锚定集成电路产品，加速构建"半导体装备+新材料+精密零部件"的平台化硬科技产业布局。 据悉，先导基电全新品牌LOGO以控股股东先导科技集团专属"科技蓝"为主色调，沿用了集团化视觉识 别体系。其英文名称"VITAL DEEPTECH"明确"核心硬科技"定位，延续先导科技集团三十余年产业积 淀。 从标识内涵来看，"先导"二字呼应集团作为全球领先稀散金属及泛半导体全产业链企业的行业地位，凸 显公司在相关领域的先锋角色；"基电"则聚焦电子材料、半导体设备核心业务，与公司战略方向高度契 合。 2024年11月28日，先导科技集团正式成为先导基电控股股东，为业务转型注入重要动能。公开资料显 示，先导科技集团创立于1995年，现已发展为全球领先的稀散金属及泛半导体全产业链高科技企业。 2025年蝉联《财富》中国500强并荣登《财富》中国科技50强。集团在全球20个国家设有54个分支机 构，员工逾万人，2024年营收超过361 ...

Core Viewpoint - The company Wan Ye Enterprise (600641.SH) has successfully validated its KST ion implantation machines with several domestic 12-inch mainstream wafer manufacturers, indicating strong market acceptance and growth potential [1] Group 1: Product Validation and Market Expansion - The KST ion implantation machines include low-energy high-current ion implanters, ultra-low temperature ion implanters, and high-energy ion implanters, all of which have passed verification by multiple clients [1] - The low-energy high-current ion implanter for CIS device doping has achieved its first equipment acceptance and is steadily advancing towards mass application [1] - The high-energy ion implanter is progressing well in terms of industrialization and is continuously expanding its customer base [1] Group 2: Customer Acquisition and Market Share - The company is not only receiving repeat orders from existing core customers but has also successfully gained recognition from several new clients [1] - This has led to the realization of more applications in various niche areas, contributing to a steady increase in market share [1] Group 3: Future Strategy - Moving forward, KST aims to provide customers with high-performance, high-efficiency, and comprehensive ion implantation equipment and solutions [1] - The company plans to further expand its customer base and enhance its market coverage capabilities [1]

Core Insights - The total value of technology contracts has exceeded 100 billion, reaching 109.528 billion yuan, with a year-on-year growth of 34.52% [1] - The number of technology-based small and medium-sized enterprises has surpassed 11,700, totaling 11,700, indicating significant growth in innovation entities [1] Group 1: Innovation and Development - The city's technology service industry revenue reached 43.6 billion yuan from January to August, showing a year-on-year increase of 11.4% [1] - The "1+2" laboratory system has made significant progress, enhancing strategic support for innovation [2] - The establishment of the national traditional Chinese medicine germplasm resource bank at the Yuelu Mountain Laboratory strengthens the foundation for seed industry innovation [2] Group 2: Research and Development Resources - 68 new R&D centers have been introduced this year, including 9 projects from "three types of top 500" companies, state-owned enterprises, and central enterprises [3] - The total number of various R&D institutions in the city has reached 3,823, with 152 national-level innovation platforms [3] - 70% of new R&D institutions are located in innovation clusters, forming a "core leading, multi-point support" innovation space [3] Group 3: Technology Transfer and Talent Development - 62 link cadres visited 178 platforms, summarizing 156 technology achievements to promote precise supply-demand matching [4] - 16 municipal-level new R&D institutions achieved 291 technology transfers and incubated 76 technology-based enterprises [4] - The city has attracted two Nobel laureates and eight expert teams, enhancing the talent pool and innovation ecosystem [4]

Summary of Wan Ye Enterprise Conference Call Company Overview - Wan Ye Enterprise has undergone a name change to Shanghai Xian Dao Electromechanical Technology Co., Ltd, marking a strategic upgrade to an integrated industrial platform focused on core technology breakthroughs and industry implementation [4][9]. Financial Performance - For the first three quarters of 2025, Wan Ye Enterprise achieved a net profit of 18.67 million yuan, turning from loss to profit year-on-year [2][3]. - Revenue for the first three quarters reached 1.069 billion yuan, a year-on-year increase of 247%, with Q3 revenue at 370 million yuan, also up 246% year-on-year [3][2]. - The fluctuation in Q3 net profit was attributed to rapid business expansion, increased management and financial expenses due to new production line construction and R&D investments [2][3][15]. Semiconductor Equipment Developments - The subsidiary, Kai Shi Tong, has established approximately 50 ion implantation machines in domestic 11+12 inch wafer fabs, covering mainstream semiconductor manufacturing fields such as logic storage and CIS [5][6]. - In the first nine months of 2025, Kai Shi Tong delivered 10 ion implantation machines, with the first low-energy high-current ion implantation machine accepted by customers [5][6]. - Future product development will focus on low-temperature ion implantation machines for 28nm and below processes, SOI process hydrogen ion implantation equipment, and large current ion implantation machines for CIS processes [6][12]. New Materials Business - The B materials business generated revenue of 820 million yuan, accounting for 76.75% of the company's total revenue [2][8]. - The company has established production bases in multiple locations and is developing Micro TEC products for precise temperature control solutions for data centers [2][8]. - The B materials business is expected to continue growing due to its wide range of downstream applications, with plans to expand into travel-related materials [23]. Strategic Transformation Plans - Wan Ye Enterprise plans to adjust its business structure over the next 3-5 years, reducing the revenue share from materials while increasing the share from semiconductor components and equipment [4][14]. - The company aims to create a small industrial chain around semiconductor materials, components, and equipment to enhance market share [14]. Cost and Expense Management - The increase in operating costs and management expenses in Q3 was primarily due to the new B materials business and the expansion of semiconductor components and equipment businesses [15]. - The company has strengthened supplier management and established supply chain cooperation with Qingdao Technology Group to improve efficiency and reduce costs [15]. Future Development Plans - Wan Ye Enterprise aims to leverage its purification technology and device development in semiconductor and new energy materials to better meet customer needs [18]. - The company is also developing high-end components for semiconductor equipment, including aluminum nitride components and thermal management systems [19]. Real Estate Business - The real estate business is currently focused on inventory reduction, with sales dependent on market price trends. The industry nature change is expected to be completed by June 2026 [20][21]. Market Position and Customer Base - The company has over 250 customers across various industries, particularly in the Micro TEC cooling chip sector, which is expected to replace imported products [17]. This summary encapsulates the key points from the conference call, highlighting the company's financial performance, strategic direction, and developments in semiconductor equipment and new materials.