Core Viewpoint - "Guangsu Technology" has successfully completed its angel round financing, amounting to several tens of millions, to enhance its perovskite inkjet printing equipment technology and related ink material development [4]. Company Overview - "Guangsu Technology" is the first domestic supplier to successfully deliver perovskite inkjet printing mass production equipment, focusing on the core manufacturing process of silicon-perovskite tandem solar cells [3][4]. - The company has achieved commercial delivery of its equipment, which is currently in trial applications at several leading photovoltaic enterprises [4]. Industry Context - The efficiency improvement of mainstream solar cells (silicon cells) is becoming increasingly challenging, leading to a shift towards the "tandem technology" that covers silicon cells with perovskite materials, which theoretically offers higher power generation efficiency [4]. - Major domestic and international companies are investing in research and development, supported by policy initiatives, but mass production faces equipment bottlenecks [4]. Technology and Innovation - "Guangsu Technology" has chosen inkjet printing as a breakthrough technology, which allows for precise material deposition and avoids defects associated with traditional methods [5]. - The company has developed a unique solution to prevent nozzle clogging, which can lead to significant financial losses during production [5]. - The product line covers the entire chain from basic research to mass production, and the company is transitioning from pure equipment sales to a "equipment + ink" model, which will reshape its business model [5][6]. Competitive Landscape - In the global perovskite equipment sector, European and American companies still dominate, but "Guangsu Technology" has integrated international experience with local needs [5][7]. - The company’s technical first-mover advantage is expected to last for a certain period, with future development dependent on production capacity and customer loyalty [7]. Team and Expertise - The core team of "Guangsu Technology" has over 20 years of experience in the semiconductor equipment field, with the founder, Wang Yingsong, having a strong background in optical research and laser technology [7]. - The company has established a perovskite inkjet printing R&D center, which will soon enable a one-stop solution for "process + materials + equipment" [7]. Investor Insights - Investors recognize the potential of perovskite-silicon tandem technology as a significant direction for photovoltaic technology iteration, with inkjet printing showing great promise in production [8][9]. - The innovative capabilities of "Guangsu Technology" are seen as crucial for breaking the current industry stagnation and driving new equipment demand, thus fostering a new cycle in the industry [9].

Core Viewpoint - "Guangsu Technology" has completed its angel round financing, amounting to several tens of millions, aimed at upgrading perovskite inkjet printing equipment and developing supporting ink materials [1][2]. Company Overview - "Guangsu Technology" was established in 2024, focusing on the core manufacturing processes of silicon-perovskite tandem solar cells, with its inkjet printing equipment being the first to achieve commercial delivery in China [1][2]. - The company’s products cover the entire chain from basic research to mass production, transitioning from pure equipment sales to a "equipment + ink" model [2][3]. Technology and Innovation - The choice of inkjet printing technology allows for precise material deposition, avoiding traditional process flaws and matching production speeds with existing lines, which is crucial for solving mass production challenges [2][3]. - The company has developed a unique solution to prevent nozzle clogging, which has been a significant challenge in the industry, ensuring stable operation and delivery of its equipment [2][3]. Market Position and Competitive Landscape - "Guangsu Technology" is currently the only domestic company capable of ensuring the delivery and long-term stable operation of perovskite inkjet printing equipment, leveraging international experience and local demand [2][3]. - The company faces competition from traditional photovoltaic equipment giants, but its technological first-mover advantage is expected to be maintained for a certain period [3]. Investment Perspective - Investors recognize the potential of perovskite-silicon tandem technology as a key direction for photovoltaic technology iteration, with "Guangsu Technology" being acknowledged for its innovative capabilities and engineering experience [4][5]. - The company is seen as a leader in the field, having solved critical process challenges in the production of perovskite tandem solar cells, which has garnered recognition from major photovoltaic enterprises [5].