（编辑 任世碧） 证券日报网讯 1月8日，先导基电在互动平台回答投资者提问时表示，公司长期看好铋材料的发展前 景。通过灵活动态的库存策略、积极稳定扩产带来的规模效应、高潜力下游客户的挖掘覆盖，以及上游 供应链的稳定性建设，公司将多维度协同提升铋业务的整体盈利水平。具体经营情况请关注公司定期报 告。 ...

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，从全球供需格局来看，铋材料的供给端整 体偏紧；相比之下，需求端持续向好，近年来在电子半导体、新能源、核工业等新兴应用领域的用量正 在不断增长。公司长期看好铋材料的发展前景，行业内也普遍预计铋材料的价格在中长期仍具备稳步上 涨的空间。据上海有色网（SMM）数据显示，精铋价格在本年度12月份再度上涨，维持在12万—13万 元/吨的价格区间。公司通过灵活动态的库存策略、积极稳定扩产带来的规模效应、高潜力下游客户的 挖掘覆盖，以及上游供应链的稳定性建设，将多维度协同提升铋业务的整体盈利水平。从现有产能和销 售情况来看，公司全年产能及销量规模在铋材料市场处于领先地位。 （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，目前铋材料业务是公司的核心收入来源。 未来，公司将通过铋材料业务产生的收入、利润和现金流来哺育驱动半导体业务的发展。规划在未来3 至5年内，逐步提升半导体材料、零部件与设备业务的收入贡献，长期目标是围绕半导体材料、零部件 及设备打造完整的半导体业务平台。 （编辑 袁冠琳） ...

今年，公司已成功拓展新增产业的新领域应用方向，截至2025年上半年，公司在铋业务领域合作的国内 外客户已超过250 家。未来，公司将依托下游核心领域的稳健需求增长及新兴市场领域的新增发展机 遇，深化铋材料及高端电子材料的产能建设与客户导入，实现业务的持续增长。 格隆汇1月7日丨先导基电(600641.SH)近日接受现场参观及电话会议时表示，铋材料下游应用领域广 泛，涵盖电子/半导体、医药化工、冶金合金、新能源、核工业等多个领域。以全资子公司安徽万导为 业务平台，公司已形成多元化产品矩阵，产品应用于半导体压敏电阻、光通信 TEC 制冷片、新能源、 化工、医药等领域。 ...

格隆汇1月7日丨先导基电(600641.SH)近日接受现场参观及电话会议时表示，从全球供需格局来看，铋 材料的供给端整体偏紧；相比之下，需求端持续向好，近年来在电子半导体、新能源、核工业等新兴应 用领域的用量正在不断增长。公司长期看好铋材料的发展前景，行业内也普遍预计铋材料的价格在中长 期仍具备稳步上涨的空间。据上海有色网(SMM)数据显示，精铋价格在本年度12月份再度上涨，维持在 12 万—13 万元/吨的价格区间。公司通过灵活动态的库存策略、积极稳定扩产带来的规模效应、高潜力 下游客户的挖掘覆盖，以及上游供应链的稳定性建设，将多维度协同提升铋业务的整体盈利水平。从现 有产能和销售情况来看，公司全年产能及销量规模在铋材料市场处于领先地位。 ...

今年，公司已成功拓展新增产业的新领域应用方向，截至2025年上半年，公司在铋业务领域合作的国内 外客户已超过250 家。未来，公司将依托下游核心领域的稳健需求增长及新兴市场领域的新增发展机 遇，深化铋材料及高端电子材料的产能建设与客户导入，实现业务的持续增长。 格隆汇1月7日丨先导基电(600641.SH)近日接受现场参观及电话会议时表示，铋材料下游应用领域广 泛，涵盖电子/半导体、医药化工、冶金合金、新能源、核工业等多个领域。以全资子公司安徽万导为 业务平台，公司已形成多元化产品矩阵，产品应用于半导体压敏电阻、光通信 TEC 制冷片、新能源、 化工、医药等领域。 ...

Group 1 - The core viewpoint of the articles highlights the significant growth and strategic positioning of Shanghai XianDao JiDian Technology Co., Ltd. (formerly known as Shanghai Wanye Enterprise Co., Ltd.) in the semiconductor industry, with a focus on integrated circuit technology and materials [1][2] - In the first three quarters of this year, the company achieved a revenue of 1.069 billion yuan, representing a year-on-year increase of 247.43%, with the third quarter alone generating 370 million yuan, up 246.8% [1] - The company has undergone a name change and is applying to the Shanghai Stock Exchange for a new stock abbreviation, reflecting its strategic shift towards semiconductor equipment and new materials [1] Group 2 - The bismuth materials business of the company has seen significant development, with its subsidiary, Anhui WanDao, establishing core competencies in the research and production of bismuth compound materials, creating a diverse product matrix for various applications [2] - The company has established specialized production bases in multiple locations, including Guangdong, Anhui, Hubei, and Zhejiang, forming an efficient supply chain network covering East, Central, and South China [2] - The ion implantation machine business has successfully implemented around 50 units in over ten domestic 12-inch wafer fabs, addressing mainstream semiconductor manufacturing needs and advancing the development of low-energy, high-current ion implantation machines for emerging industries [2]

Core Viewpoint - Wan Ye Enterprise (600641) reported significant revenue growth in Q3 2025, with a year-on-year increase of 246.8%, continuing its strong performance from the first half of the year [1] Financial Performance - The company achieved a total revenue of 1.069 billion yuan in the first three quarters, representing a year-on-year growth of 247.43% [1] - Net profit attributable to shareholders for the first three quarters was 18.67 million yuan, with fluctuations in Q3 net profit due to increased management and financial expenses related to rapid business expansion [1] Business Segmentation - The bismuth materials segment contributed 525 million yuan in revenue in the first half, accounting for 75.14% of total revenue, and continued to grow rapidly in Q3 [1] - The company has established a diverse product matrix from raw materials to high-end application materials, leveraging its competitive edge in bismuth and indium purification technologies [1] Capacity Expansion - Wan Ye Enterprise has built specialized production bases in four locations: Qingyuan, Wuhu, Jingzhou, and Quzhou, with a new company in Quzhou focusing on Micro TEC product development [2] - The subsidiary, Kaishitong, has successfully implemented around 50 ion implanters in over ten domestic 12-inch wafer fabs, covering mainstream semiconductor manufacturing fields [2] Corporate Development - The company has officially changed its name to "Shanghai Xian Dao Ji Dian Technology Co., Ltd." and will apply for a new stock abbreviation "Xian Dao Ji Dian" [2] - Wan Ye Enterprise aims to create an integrated industrial platform from materials to components and equipment, focusing on core technology breakthroughs and industrialization [2]

Core Viewpoint - The company has undergone significant changes, including a name change to "Shanghai Xian Dao Ji Dian Technology Co., Ltd." and an expansion of its business scope to include integrated circuit chip sales and other related areas, which reflects a strategic shift towards high-tech industries [2] Group 1: Business Transformation - The company has completed the registration of its new name and business scope, which now includes sales of integrated circuit chips, electronic equipment, and non-ferrous metal alloys [2] - The establishment of a wholly-owned subsidiary, Anhui Wandao Electronic Technology Co., Ltd., focuses on bismuth materials, making it the only platform for deep processing and compound products under the Xian Dao Technology Group [3] Group 2: Financial Performance - For the first half of 2025, the company reported a revenue of 699 million yuan, a year-on-year increase of 247.76%, with a net profit of 41 million yuan, marking a turnaround from losses [5] - Bismuth business generated sales revenue of 525 million yuan, accounting for 75.14% of the total revenue [5] Group 3: Market Strategy - The company has proactively stocked raw materials to ensure production and mitigate price volatility, while dynamically adjusting procurement strategies in response to market changes [5] - Current domestic bismuth prices range from 100,000 to 150,000 yuan per ton, while overseas prices are between 250,000 and 300,000 yuan per ton, indicating a significant price competitiveness for the company [6] Group 4: Semiconductor Equipment Business - The company has delivered over 40 semiconductor devices, with more than 10 units currently undergoing customer testing, indicating strong demand in the semiconductor sector [8] - The company is focusing on developing a full range of differentiated ion implantation equipment, which is crucial for the semiconductor industry, and aims to enhance its market position through innovation [7][8]

Core Viewpoint - The company, Wanye Enterprise, highlighted the diverse applications of its bismuth materials business, which spans various industries including electronic components, photovoltaic cells, biomedicine, thermoelectric cooling, and nuclear industry [1] Group 1 - The bismuth materials business has multiple application scenarios [1] - The company will continue to monitor technological and market dynamics across different industries [1] - The company is actively seeking business expansion opportunities [1]