爱建证券研报指出，盛美上海存储订单敞口清晰，清洗设备龙头迎扩产红利。订单方面（截至2025年9 月29日）：公司在手订单90.72亿元，结构明确指向存储晶圆厂扩产主线。公司以单片清洗设备为核 心，持续向半导体电镀、抛铜、先进封装湿法设备，以及立式炉管、前道涂胶显影（Track）和PECVD 领域延伸布局，产品矩阵不断完善，平台化特征逐步增强。存储及逻辑晶圆厂扩产，公司在手订单向收 入端持续转化，公司在先进制程/先进封装领域设备通过验证等。首次覆盖，给予"买入"评级。 ...

Core Viewpoint - The company aims to capture 50% to 60% of the Chinese market share for its leading products, which include cleaning and electroplating equipment [1] Group 1 - The company is actively expanding its market presence with its leading products [1] - Platform products such as vertical furnace tubes, Track, and PECVD equipment have already started entering the market [1]