Core Viewpoint - The company anticipates significant growth in revenue and net profit for the year 2025, driven by increased demand for semiconductor equipment and substantial investment in research and development [1][5][9]. Group 1: Financial Performance Forecast - The company expects a revenue of approximately 12.385 billion yuan for 2025, an increase of about 3.319 billion yuan from 2024, representing a year-on-year growth of approximately 36.62% [1][5]. - The projected net profit attributable to the parent company for 2025 is estimated to be between 2.08 billion yuan and 2.18 billion yuan, an increase of 464 million to 564 million yuan compared to the previous year, reflecting a year-on-year growth of approximately 28.74% to 34.93% [1][5]. - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be between 1.5 billion yuan and 1.6 billion yuan, an increase of 112 million to 212 million yuan compared to the previous year, which corresponds to a year-on-year increase of approximately 8.06% to 15.26% [2][5]. Group 2: Research and Development Investment - The company plans to invest approximately 3.736 billion yuan in research and development for 2025, an increase of 1.283 billion yuan from 2024, representing a growth of about 52.32% [1][9]. - The R&D investment will account for approximately 30.16% of the company's revenue, significantly higher than the average for companies listed on the Sci-Tech Innovation Board [9]. Group 3: Product Development and Market Position - The company has seen a significant increase in the shipment of high-end products for critical etching processes in advanced logic and memory device manufacturing, achieving stable mass production of ultra-high aspect ratio etching processes [3][7]. - The company maintains a leading position in the international market for GaN-based MOCVD equipment and is actively developing specialized MOCVD equipment for applications in Micro-LED and other display fields [8]. - The company has successfully developed and shipped new equipment for silicon carbide epitaxy and LED applications, with several new products currently undergoing client validation [8].

格隆汇1月23日丨中微公司(688012.SH)公布，经财务部门初步测算，公司预计2025年营业收入约123.85 亿元，较2024年增加约33.19亿元，同比增长约36.62%。其中，2025年刻蚀设备销售约98.32亿元，同比 增长约35.12%；LPCVD和ALD等半导体薄膜设备收入5.06亿元，同比增长约224.23%。 公司主营产品等离子体刻蚀设备作为半导体前道核心设备之一，市场空间广阔，技术壁垒较高。公司的 等离子体刻蚀设备在国内外持续获得更多客户的认可，针对先进逻辑和存储器件制造中关键刻蚀工艺的 高端产品新增付运量显著提升，先进逻辑器件中段关键刻蚀工艺和先进存储器件超高深宽比刻蚀工艺实 现量产。公司在新产品开发方面取得了显著成效，近两年新开发出十多种导体和介质薄膜设备，目前已 有多款新型设备产品进入市场，其中部分设备已获得重复性订单，LPCVD设备累计出货量突破三百个 反应台，其他多个关键薄膜沉积设备研发项目正在顺利推进；公司EPI设备已顺利进入客户端量产验证 阶段。 经财务部门初步测算，公司预计2025年度实现归属于母公司所有者的净利润为20.80亿元至21.80亿元， 同比增长约28.74% ...