Core Viewpoint - The company, Zhichun Technology, reported a revenue of 1.608 billion yuan for the first half of 2025, marking a year-on-year growth of 5.25%, with a net profit attributable to shareholders of 39.3187 million yuan. The significant growth in the electronic materials business, which saw a revenue increase of approximately 146%, highlights the company's commitment to the semiconductor manufacturing service sector and its role in enhancing China's semiconductor industry autonomy and stability [1][2]. Group 1: Financial Performance - In the first half of 2025, the company's revenue reached 1.608 billion yuan, reflecting a 5.25% increase year-on-year [1]. - The net profit attributable to shareholders was 39.3187 million yuan [1]. - The electronic materials business generated revenues of 0.54 billion yuan and 1.33 billion yuan in the first halves of 2024 and 2025, respectively, indicating a robust growth of approximately 146% [2]. Group 2: Strategic Developments - The company has made significant advancements in the electronic materials sector, particularly with the establishment of a fully domestic 12-inch wafer gas station that supports 28nm processes, breaking the long-standing monopoly of international suppliers [2]. - The company is expanding its core semiconductor component business, providing comprehensive service solutions to FAB plants through TGM and TCM services [3]. - The LAB2FAB® strategy has been a cornerstone of the company's approach since 2005, focusing on meeting user demands in innovation and equipment [5]. Group 3: Innovation and Technology - The company has invested a total of 1.848 billion yuan in R&D since its listing, with nine subsidiaries recognized as "high-tech enterprises" [4]. - As of June 30, 2025, the company has filed 865 patent applications, including 356 invention patents, and has been granted 615 patents [5]. - The company has received various accolades, including recognition as a "Shanghai Manufacturing Industry Champion Enterprise" and being listed among the top five in local integrated circuit equipment sales [6]. Group 4: Market Position and Orders - The company has achieved a market share of 48.8% in the specialty gas sector for 12-inch wafer fabs from 2016 to 2024 [5]. - As of the reporting period, the company has an order backlog of 13.414 billion yuan, with 94.72% of these orders in the semiconductor sector [8]. - The company has established a robust supply chain strategy, aiming for 90% of its equipment supply chain to be self-sufficient [8]. Group 5: Operational Efficiency - The management has implemented plans to enhance operational efficiency and cash flow, with a focus on improving accounts receivable recovery [9]. - The cash income ratio for the first half of 2025 was maintained at a healthy level of 0.95 [9]. - The company is positioned to leverage the historical opportunities presented by domestic substitution in the semiconductor industry [9].

公司坚持高研发投入，上市至今累计研发投入超18亿元，在半导体设备与材料领域实现多项关键突破， 是国内能提供到28纳米制程节点全部湿法工艺的本土供应商。公司在高纯工艺系统市场占据领先地位， 2016-2024年中国大陆主流12寸晶圆厂41次特气中标结果中，公司市占率达48.8%；化学品设备及系统的 市占率超过30%。截至2025年6月30日，公司累计申请专利达865件，其中包括356件发明专利和23件 PCT国际申请；已获授权专利615件，含发明专利194件。此外，公司还拥有软件著作权185件、注册商 标163件。今年上半年，公司取得一件针对槽式清洗设备SPM酸洗工艺的美国专利授权，标志着公司开 始布局国际专利，获得国际市场的权威认可。 至纯科技始终紧密围绕国家战略，始终坚持以技术创新为驱动，在半导体设备与材料领域实现了多项关 键突破，成功打破国外厂商长期垄断的局面，为产业链安全与可持续发展提供了坚实支撑。公司构 建"工艺—设备—材料"三位一体布局，前瞻性推进供应链国产化，已建立的完备的备货体系和技术储 备，能够有效应对外界干扰，为产业用户持续提供高质量服务。当前公司在手订单充足，总额达134.14 亿元(含长 ...