Company Overview - The company specializes in the R&D, production, and sales of semiconductor testing equipment, focusing on the semiconductor testing field, and is a leading manufacturer of chip testing equipment [1][2]. - The product range includes wafer/probe stations, sorting machines, and AOI detection equipment, widely used by major domestic semiconductor manufacturers [1][2]. Competitive Advantages - The company has established a strong technical R&D capability, responsive after-sales service, a complete supply chain system, geographical advantages, and quality customer resources [2]. - It has mastered six core technologies, including high-precision control and machine vision based on intelligent algorithms, gaining recognition from downstream customers [2][3]. R&D Team and Investment - The R&D team consists of 167 members, accounting for 40.93% of total employees, with many having over 5 years of industry experience [3]. - From 2021 to 2024, the average annual compound growth rate of R&D expenses reached 21.26%, with R&D expenses exceeding 10% of revenue for several consecutive years, reaching 68.1 million yuan in 2024, which is 13.41% of revenue [3]. Industry Competition - The probe station equipment industry is highly concentrated, primarily dominated by Japanese and Taiwanese manufacturers, with Tokyo Electron and Tokyo Precision leading the high-end market [4]. - The company has surpassed Taiwanese competitors in performance and market share, positioning itself to compete with leading Japanese firms [4]. Supply Chain and Customer Base - Core components such as guide rails and screws are standard parts and not subject to foreign supply chain restrictions [5]. - The company holds the largest market share among domestic manufacturers, with some major clients sourcing over 50% of their similar products from the company [6]. Performance Insights - The fluctuation in Q1 performance was attributed to changes in product acceptance structure, with a diverse product line leading to varying prices [7]. - The company aims to strengthen its core technologies and market position in various semiconductor testing areas while enhancing its marketing network and operational efficiency [7].
矽电股份(301629) - 301629矽电股份投资者关系管理信息20250515