Core Viewpoint - Shengmei Shanghai has evolved into a platform company in the semiconductor equipment industry, aiming to become a leading global player by leveraging its innovative technologies and expanding its product offerings [1][3]. Group 1: Company Development and Achievements - Shengmei Shanghai was founded in 2005 and developed the world's first SAPS technology in 2008, achieving profitability since 2013 and experiencing exponential growth in equipment sales since 2017 [1]. - The company has successfully maintained a profitable status and has seen rapid growth in financial metrics since its listing on the Sci-Tech Innovation Board [1][2]. - As of 2024, Shengmei Shanghai's cleaning equipment covers 95% of cleaning process steps, ranking fourth globally with an 8% market share [2]. Group 2: Technological Innovations - The company has developed proprietary technologies such as SAPS and TEBO, addressing global challenges in the application of megasonic technology in semiconductor cleaning equipment [2]. - Shengmei Shanghai has filed a total of 1,526 patents by the end of 2024, with 470 granted patents, showcasing its commitment to original innovation [4]. - The Tahoe cleaning equipment, developed by the company, reduces sulfuric acid consumption by up to 75%, aligning with national energy-saving policies [5]. Group 3: Strategic Expansion - The company aims to expand its product portfolio beyond cleaning equipment to include electroplating, advanced packaging, and other semiconductor manufacturing equipment [3]. - Shengmei Shanghai is actively pursuing a global market strategy, targeting a balanced order volume from domestic and international clients [6]. - The company has established a local presence in South Korea to enhance service and support for its clients in that market [7]. Group 4: Future Outlook - The company is focused on continuing its path of differentiation and innovation, aiming to transition from an industry innovator to a standard setter in the semiconductor equipment sector [7]. - Shengmei Shanghai plans to leverage its dual capital market presence to enhance its competitive advantage and expand its global footprint [6].