ArF光刻胶

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恒坤新材IPO上市关注:8月29日上会
Sou Hu Cai Jing· 2025-08-26 09:18
根据上交所官网显示,厦门恒坤新材料科技股份有限公司(以下简称"恒坤新材")科创板IPO将于8月29日上会。 据恒坤新材IPO上市招股书披露,恒坤新材致力于集成电路领域关键材料的研发与产业化应用,是境内少数具备12英寸集成电路晶圆制造关键材料研发和量 产能力的创新企业之一,主要从事光刻材料和前驱体材料的研发、生产和销售。公司产品主要应用于先进 NAND、DRAM存储芯片与90nm技术节点及以下 逻辑芯片生产制造的光刻、薄膜沉积等工艺环节,系集成电路晶圆制造不可或缺的关键材料。 近年来,恒坤新材已量产供货产品包括SOC、BARC、i-Line光刻胶、KrF光刻胶等光刻材料以及TEOS等前驱体材料,量产供货款数随着产品验证通过而持 续提升。同时,恒坤新材持续开发新产品,包括 ArF光刻胶、SiARC、Top Coating等光刻材料和硅基、金属基前驱体材料均已进入客户验证流程,ArF光刻 胶已通过验证并小规模销售。目前,公司在研发、验证以及量供的产品款数累计已超过百款。 在境内集成电路供应链安全需求增加背景下,恒坤新材依靠对集成电路晶圆制造各类工艺和关键材料的专业理解与技术积累,创新性地走出了一条"引进、 消化、吸 ...
晶瑞电材(300655):25H1高纯化学品盈利改善 半导体材料需求提升公司持续受益
Xin Lang Cai Jing· 2025-08-25 04:40
AI 需求推动,湿电子化学品及光刻胶市场规模稳步增长。受AI 需求推动,晶圆投片量持续增加,从而 带动半导体材料市场成长。根据TECHCET 最新预测,2025年全球半导体材料市场规模约为700 亿美 元,同比增长约6%,同时预计2029年市场规模将超过870 亿美元,对应CAGR 约为4.5%。其中,预计 2025 年全球用于半导体基板的湿法清洗化学品市场规模将同比增长5%,同时将以5.8%的CAGR 持续增 长,到2029 年将达到约70 亿美元的市场规模。光刻胶方面,根据CEMIA 预测,2025 年我国IC、新兴 显示、PCB 用光刻胶市场规模分别将达到68 亿元、67 亿元、44 亿元,同比分别增长4.5%、3.1%、 17.3%。公司作为国内湿电子化学品及光刻胶领域的头部企业,伴随着对应材料市场规模的增长,以及 国产材料渗透率的提升,将有望持续受益。 事件:公司发布2025 年半年度报告。2025 年上半年,公司实现营收7.68 亿元,同比增长10.68%;实现 归母净利润6975 万元,同比扭亏为盈;实现扣非后归母净利润3269 万元,同比扭亏为盈。2025Q2,公 司单季度实现营收3.98 亿 ...
股市必读:南大光电(300346)8月15日董秘有最新回复
Sou Hu Cai Jing· 2025-08-17 16:38
截至2025年8月15日收盘,南大光电(300346)报收于35.02元,上涨3.76%,换手率8.0%,成交量52.53万 手,成交额18.21亿元。 董秘最新回复 投资者: 请问董秘:截止8月10日,股东人数是多少? 董秘: 感谢您的关注!公司在平台披露每月底的股东人数。截至2025年7月31日,公司股东人数为 99,575户。 投资者: 你好,我想问一下,现在证监会有规定,大股东要减持,第一个要现金分红额度超过融资额 度,请问你们符合条件了吗 当日关注点 交易信息汇总:8月15日主力资金净流入1.24亿元,游资资金净流入4241.04万元,而散户资金净流 出1.67亿元。 交易信息汇总 8月15日,南大光电的资金流向显示主力资金净流入1.24亿元;游资资金净流入4241.04万元;散户资金 则呈现净流出状态,金额为1.67亿元。 以上内容为证券之星据公开信息整理,由AI算法生成(网信算备310104345710301240019号),不构成 投资建议。 董秘: 感谢您的关注!公司重视股东回报,坚持通过现金分红的方式与投资者共享企业发展成果,严 格按照相关法律法规的规定实施分红,持续践行股东回报规划。 投 ...
光刻胶禁运阴霾下,中国半导体产业的至暗与曙光
材料汇· 2025-08-10 12:02
Core Viewpoint - The article emphasizes the critical role of photoresist in the semiconductor industry, highlighting the risks posed by the current reliance on foreign suppliers, particularly Japan, which dominates 90% of the high-end photoresist market. The potential for supply disruptions could severely impact China's semiconductor capabilities, especially in advanced processes below 14nm [2][11][23]. Group 1: Importance of Photoresist - Photoresist is described as an essential material in semiconductor manufacturing, likened to a precision tool that enables the creation of intricate circuit patterns on silicon wafers [4][11]. - The production of high-end photoresist involves complex chemical formulations and stringent manufacturing processes, making it a highly specialized field with significant technical barriers [7][23]. Group 2: Current Market Situation - China's domestic production of high-end photoresist is alarmingly low, with KrF photoresist at 15% and ArF photoresist below 5% [2][11]. - The article outlines various types of photoresist used in semiconductor manufacturing, including G-line, I-line, KrF, ArF, and EUV photoresists, each serving different technological nodes [8][10]. Group 3: Risks of Supply Disruption - The article discusses potential scenarios of supply disruption due to geopolitical tensions, particularly the risk of a comprehensive technology embargo from the U.S. and its allies, which could lead to a halt in semiconductor production in China [27][28][29]. - The impact of such disruptions would be felt across various sectors, including automotive, consumer electronics, and advanced computing, leading to significant economic repercussions [33][34][38]. Group 4: Strategies for Mitigation - The article suggests immediate emergency strategies, such as inventory management, global sourcing through gray channels, and temporary use of lower-performance alternatives to maintain production [42][44][45]. - Long-term strategies include building a self-sufficient photoresist supply chain through national collaboration, technological innovation, and investment in research and development [51][55][58]. Group 5: Future Outlook - The article concludes that while the current situation poses severe challenges, it also presents an opportunity for China to strengthen its semiconductor industry by investing in domestic capabilities and reducing reliance on foreign technology [62].
十年磨一剑,恒坤新材如何闯出国产光刻胶的“无人区”
Cai Jing Wang· 2025-07-24 16:39
Core Viewpoint - The article highlights the journey of Hengkun New Materials from a "follower" to a "key supplier" in the domestic semiconductor materials industry, particularly in the field of photoresists, emphasizing its significant role in China's integrated circuit material localization efforts [1][10]. Group 1: Company Development - Hengkun New Materials has evolved over more than a decade from laboratory samples to a core player in the supply chain, establishing a solid foundation for domestic high-end materials [1]. - The company has successfully developed a series of self-researched products that have passed verification from mainstream wafer manufacturers and achieved stable supply, with some products ranking among the top in the domestic market [2][5]. Group 2: Technical Achievements - Hengkun New Materials has made significant strides in the semiconductor materials sector since entering in 2014, with a product lineup that includes KrF, i Line, SOC, BARC, and TEOS, all of which are now industrialized [4]. - The company has not only achieved mass production and delivery in SOC and BARC but has also become a major supplier replacing imports [4][10]. Group 3: Manufacturing and Delivery Capabilities - The company recognizes that success in materials production requires not only technology but also engineering and delivery capabilities, leading to investments in modern production platforms across multiple locations [6]. - Hengkun New Materials has established a full-process, traceable, and replicable mass production system, providing confidence for large-scale customer deliveries [7]. Group 4: Collaborative Innovation - The company positions itself as a "customer co-creator," working closely with clients to define needs and refine products through extensive testing, which has led to a transformation of clients from users to co-builders [8][9]. - This collaborative approach has resulted in products that are validated and trusted within the industry, enhancing the company's reputation [8]. Group 5: Future Outlook - Hengkun New Materials is not just a materials company but a stabilizer in the domestic chip ecosystem, with plans to advance into higher-level materials such as ArF photoresists and precursor materials [10]. - The company has already received customer validation and formal orders for ArF photoresists, indicating its commitment to furthering China's semiconductor industry [10]. Group 6: Industry Positioning - The article emphasizes the need for material companies that can withstand market challenges and foster technological innovation, positioning Hengkun New Materials as a model for such enterprises [12]. - The company is seen as a key player in transforming "impossible" scenarios into "ongoing" realities within the semiconductor materials landscape [12].
破局海外垄断,关键光刻材料国产第一!恒坤新材IPO:从产品引进到自研领跑
市值风云· 2025-07-23 10:14
Core Viewpoint - The article emphasizes the critical role of photoresist in semiconductor manufacturing and highlights the strategic importance of domestic production in the context of increasing global competition and supply chain uncertainties [2][4]. Company Overview - Hengkun New Materials Technology Co., Ltd. (Hengkun New Material) was established in 2004, initially focusing on the development and production of optoelectronic film devices and window lens products [4]. - In 2014, the company shifted its strategy towards integrated circuit key materials, recognizing the potential in the semiconductor industry [4]. Strategic Development - The company adopted a strategy of introducing advanced overseas products to penetrate the market, achieving significant breakthroughs in 2017 with the successful validation and sales of photoresist materials [5]. - By 2024, Hengkun New Material's R&D expenses are projected to reach 89 million, with an R&D expense ratio of 16.17%, reflecting a commitment to self-innovation [5][6]. Financial Performance - The company's revenue from self-produced photoresist materials exceeded 100 million in 2022, with a strong growth trajectory leading to projected revenues of 344 million in 2024, a nearly 180% increase from 2022 [7][10]. - The overall revenue increased from 141 million in 2021 to 548 million in 2024, with a compound annual growth rate of 57.22% [12]. Product Development and Market Position - Hengkun New Material has successfully developed over 100 self-produced products, with significant sales growth in SOC and BARC products, which ranked first among domestic manufacturers in 2023 [18][19]. - The company has replaced foreign competitors' products in the domestic market, establishing stable relationships with major domestic wafer manufacturers [21]. Market Landscape - Despite progress, the domestic market for photoresist and precursor materials is still dominated by foreign companies, with low domestic production rates for advanced technology nodes [24]. - The market for key integrated circuit materials is expected to grow at a compound annual growth rate of 17.8% from 2023 to 2028, indicating significant market potential [25]. Future Outlook - Hengkun New Material plans to raise 1 billion for R&D in new categories of precursor and photoresist materials, aiming to enhance its product matrix and increase domestic production levels [24]. - The company is positioned to transition from being a follower to a leader in the industry, contributing to the self-sufficiency and stability of China's semiconductor supply chain [26].
光刻胶咽喉上的中国:95%进口依赖率背后的产业真相
材料汇· 2025-07-21 14:48
Core Viewpoint - The global and Chinese photoresist market is experiencing growth driven by the semiconductor and display panel industries, with future demand expected to increase significantly despite recent fluctuations in specific sectors [5][10]. Group 1: Global Photoresist Market Overview - The global photoresist market size is expected to grow at an annual rate of approximately 5% from 2022 to 2027, despite a 2% decline in 2022 due to decreased demand in the new display industry [5]. - In the semiconductor sector, the global market size reached $573.5 billion in 2022, with a year-on-year growth of 3.2%, and photoresist consumption in this sector was approximately 23.8 billion yuan, growing by 8% [6]. - The new display panel market saw a decline in 2022, with a total shipment area of 237 million square meters, down 4.3%, leading to a 19% decrease in photoresist consumption to about 12.6 billion yuan [7]. - The PCB industry is projected to grow at an average annual rate of 4% from 2022 to 2027, with photoresist consumption in this sector reaching approximately 16.3 billion yuan in 2022, a 2% increase [9]. Group 2: Chinese Photoresist Market Overview - China's photoresist demand is expected to grow at an average annual rate of 7% from 2022 to 2027, despite the market size remaining stable in 2022 compared to 2021 [12]. - In the semiconductor sector, China's photoresist consumption reached 4.6 billion yuan in 2022, with a growth rate of 15%, and is expected to grow at 10% annually over the next five years [13]. - The new display sector in China saw a decline in photoresist consumption to 6.1 billion yuan in 2022, down 13%, but is projected to grow at 8% annually in the coming years [14]. - The PCB industry in China had a total output value of $43.6 billion in 2022, with photoresist consumption reaching approximately 10.1 billion yuan, a 3% increase [16]. Group 3: Development Status of China's Photoresist Industry - The domestic production rate of photoresists is relatively low, with significant reliance on imports for semiconductor and display panel photoresists [19]. - Several domestic companies have made progress in the production of G/I line photoresists, with KrF photoresists seeing some successful local production [25]. - The market for TFT positive photoresists is dominated by foreign companies, with domestic production accounting for about 20% of the total market [32]. - The PCB photoresist market is characterized by a growing domestic supply of wet film photoresists and imaging solder masks, with a current domestic production rate of approximately 55% [36]. Group 4: Challenges and Future Prospects - The high technical barriers in the photoresist industry and the need for collaboration with lithography equipment manufacturers pose challenges for rapid domestic development [19]. - There is a significant opportunity for domestic companies to increase their market share in high-end photoresists, as the current production capabilities are still limited [42]. - Ongoing projects in China aim to enhance the production capacity of photoresists and related materials, indicating a strong push towards achieving greater self-sufficiency [41].
又一高端光刻胶(KrF/ArF)项目验收
DT新材料· 2025-07-20 14:12
Core Viewpoint - The article discusses the recent acceptance announcement of Hangzhou Hanya Microelectronics Technology Co., Ltd.'s high-end photoresist new material project, highlighting its significance in the semiconductor industry and the company's ambitions in this field [1][3]. Group 1: Project Overview - The project involves an investment of 101.5 million yuan, aiming to produce 3 tons of high-end photoresist new materials annually, with completion expected in December 2024 and trial operations starting in January 2025 [2]. - The initial acceptance includes 2.62 tons of high-end photoresist materials, specifically 2.5 tons of KrF photoresist and 0.5 tons of ArF photoresist [2]. Group 2: Company Background - Hangzhou Hanya Microelectronics Technology Co., Ltd. was established in June 2023 in Qiantang District, Hangzhou, with a registered capital of 6.25 million yuan and has completed its Series A financing [3]. - The company aims to become the first domestic enterprise with commercial production capabilities for high-end deep ultraviolet photoresist KrF (248nm) and ArF (193nm) core resin materials, as well as next-generation EUV (13nm) extreme ultraviolet photoresist resin materials [3]. Group 3: Industry Context - Photoresists, also known as photoresist agents, are essential in semiconductor manufacturing, comprising components like photoinitiators, resins, monomers, solvents, and additives [4]. - The semiconductor photoresist market is categorized by exposure wavelength, including g-line (436nm), i-line (365nm), KrF (248nm), ArF (193nm), and EUV photoresists (13.5nm), with EUV photoresists currently being entirely imported [4]. - Domestic production of KrF and ArF photoresists has been achieved by several companies, but their market share remains low, with competitors including Nanda Optoelectronics, Jingrui Electric Materials, and others [4].
半导体材料:10000字详解中国光刻胶产业发展现状
材料汇· 2025-06-05 15:08
Group 1 - The global photoresist market is expected to grow at an annual rate of approximately 5% from 2022 to 2027, despite a 2% decline in 2022 due to a drop in demand from the new display industry [4][9] - In the semiconductor sector, the global market size reached $573.5 billion in 2022, with a year-on-year growth of 3.2%, and the consumption of photoresist was approximately 23.8 billion yuan, an increase of 8% [5] - The new display panel market saw a decline in output area by 4.3% in 2022, leading to a 19% decrease in photoresist consumption in this sector [6] Group 2 - China's photoresist demand is projected to grow at an average annual rate of 7% from 2022 to 2027, despite a stagnation in 2022 [9] - In the semiconductor field, China's actual production capacity for 12-inch wafers reached 1.37 million pieces per month in 2022, with a year-on-year growth of 32% [10] - The consumption of photoresist in China's semiconductor industry was 4.6 billion yuan in 2022, reflecting a 15% increase [10] Group 3 - The domestic photoresist production capacity is significantly lower than market demand, with most production focused on PCB photoresist [14] - High-end photoresist products are still largely dependent on imports, with the most advanced domestic semiconductor photoresist being KrF photoresist [15][19] - The key raw materials for photoresist production are primarily imported, leading to a low domestic production rate for these materials [16][31] Group 4 - Several domestic companies have achieved breakthroughs in the production of G/I line photoresists, with KrF photoresist seeing some mature products [19][23] - The TFT positive photoresist market is dominated by foreign companies, with domestic suppliers achieving a 20% market share [26] - The PCB photoresist market is characterized by a tripartite structure among Japan, Taiwan, and mainland China, with domestic companies achieving a 55% localization rate for wet film photoresist [29][30] Group 5 - The Chinese photoresist industry faces significant challenges, including a large technological gap and weak engineering capabilities [37] - The reliance on single-source imports for key raw materials and equipment poses a high supply chain risk for the industry [38]
光刻胶:半导体制造的“卡脖子”难题,国产替代之路在何方?
材料汇· 2025-06-02 14:33
Core Viewpoint - Photoresist is a critical material in semiconductor manufacturing, often referred to as the "brush" for chip production, but it presents significant challenges for domestic companies due to high technical barriers and market monopolies by international giants [2][24]. Group 1: Challenges in Photoresist Production - High technical barriers exist due to complex chemical formulations required for different types of photoresists, such as EUV photoresist, which demands exceptional sensitivity and resolution [4][6]. - Strict purity requirements for photoresist directly impact chip yield and performance, necessitating control at ppb (parts per billion) or even ppt (parts per trillion) levels [7][8]. - Advanced production equipment is essential for photoresist manufacturing, but most of this technology is monopolized by foreign companies, making it difficult for domestic firms to acquire [9]. Group 2: Raw Material Supply Issues - Resin, a core raw material in photoresist, constitutes 10%-40% of the total weight and varies by type, with high-end resins primarily imported due to complex synthesis technologies [11][12]. - Photoinitiators, crucial for initiating photochemical reactions, are predominantly supplied by foreign firms, creating a gap in domestic production capabilities [14]. - Solvents used in photoresist must meet high purity standards, with domestic companies needing to enhance quality control to meet the demands of high-end photoresists [15]. Group 3: Market Landscape - The global photoresist market is dominated by a few international giants, with the top five companies holding over 85% market share, creating significant entry barriers for domestic firms [16][29]. - The domestic photoresist market is growing, with a projected CAGR of about 10% from 2024 to 2029, but high-end products remain largely reliant on imports [28][30]. Group 4: Opportunities for Domestic Companies - National policies are increasingly supportive of the semiconductor industry, including funding and technical guidance for photoresist development [33][34]. - Domestic companies are making strides in the mid-to-low-end photoresist market and are beginning to penetrate the high-end segment, with firms like Nanda Optoelectronics and Beijing Kehua achieving significant milestones [30][31]. Group 5: Investment Considerations - The growing demand for photoresist driven by advancements in semiconductor technology presents investment opportunities, particularly in high-end products [41][42]. - Investors should focus on companies with strong technical capabilities, market competitiveness, and experienced management teams to maximize returns [48][49][50].