HYCAN HOLDINGS(SZ:002787)2025-12-29 08:18Group 1: Semiconductor Business Strategy - The company focuses on the semiconductor sector as a strategic core direction, emphasizing equipment and core supporting links through a model of "independent establishment + equity acquisition + strategic collaboration" [2] - The establishment of Suzhou Zhiyuan Vacuum Technology Co., Ltd. aims to develop, produce, and sell semiconductor molecular pumps, with a registered capital of RMB 50 million [5] - The acquisition of 51% of Wuxi Nuanchip Semiconductor Technology Co., Ltd. aims to strengthen the niche market, with a commitment to an average net profit of no less than RMB 1 million for the years 2025-2027 [8] Group 2: Market Potential and Competitive Landscape - The global molecular pump market is highly concentrated, with a CR5 market share exceeding 50%, dominated by companies from Germany, the UK, and Japan [6] - China's demand for molecular pumps is strong and growing rapidly, providing significant opportunities for domestic companies to capture market share [7] Group 3: Talent and Team Structure - The company has built an international professional team, led by Dr. Zhang Jian, who has extensive industry experience and connections [11] - The independent director, Professor Chen Wei, provides academic guidance, enhancing the company's technological direction [11] Group 4: Share Buyback and Financial Plans - As of December 26, 2025, the company has completed a share buyback of RMB 24 million, with plans to use RMB 30 million to RMB 60 million for further buybacks [4] - The company aims to enhance shareholder returns and maintain investor confidence through its buyback and cancellation plans [4] Group 5: Strategic Collaborations - The strategic partnership with Shanghai Huanding Integrated Circuit aims to diversify the company's layout and create new profit growth points [10] - The collaboration with Wuxi Nuanchip focuses on enhancing the company's position in the chiller market, targeting major domestic chip manufacturers [9]