Company and Industry Summary Company Overview - The company discussed in the conference call is 深美上海 (Shenmei Shanghai), a leading semiconductor cleaning equipment supplier in China, focusing on advanced packaging technology and cleaning solutions for the semiconductor industry [1][2][6]. Key Financial Performance - For Q3 2024, the company reported: - Revenue of 1.573 billion yuan, a year-on-year increase of 37.96% [1][2]. - Shipment volume reached 1.861 billion yuan [1]. - Gross profit of 709 million yuan with a gross margin of 45.09% [1][2]. - Net profit of 315 million yuan, up 35.09%, with a net margin of 20.03% [1][2]. - Adjusted net profit of 306 million yuan, a 31.41% increase, with an adjusted net margin of 19.47% [2][3]. Product Business Progress - In the cleaning equipment segment, revenue for the first three quarters increased by 75.87% to 2.932 billion yuan, accounting for 73.73% of total revenue [2][3]. - The company estimates the global cleaning equipment market potential to be nearly 6 billion USD, with its equipment used in over 90% of cleaning processes in logic and storage technologies [3]. - The company achieved a key technological breakthrough in high-temperature SPM cleaning technology, positioning itself as the second global provider of such equipment [3][4]. - The new high-temperature SPM equipment can reduce chemical consumption by up to 75%, saving approximately 50,000 USD per unit annually [3][4]. Environmental and Technological Innovations - The company emphasizes its commitment to environmental sustainability, with its Ultra C-Type equipment helping to reduce environmental impact while increasing AI chip production [5]. - The company has developed the TIHO cleaning equipment, which meets stringent requirements for high-end manufacturing, capable of filtering particles down to 10 nanometers [3][4]. - The company is also focusing on advanced packaging technology, having launched new products in panel-level packaging, showcasing strong supply capabilities [6][8]. Market Expansion and Customer Base - The company is expanding its market presence in the U.S., Korea, and Europe, with significant orders and collaborations with major semiconductor manufacturers [6][8]. - The company aims to achieve a balanced sales distribution, targeting 50% of sales in China and 50% in international markets [8]. Capacity Expansion and Future Outlook - The company has made significant progress in capacity expansion, with new facilities and a logistics system in place [8]. - The company expects to deliver more equipment by the end of the year and has a clear outlook for future growth based on current orders and customer acceptance [9]. Conclusion - 深美上海 continues to demonstrate strong financial performance, innovative product development, and a commitment to sustainability, positioning itself for future growth in the semiconductor cleaning equipment market [9].

Financial Data and Key Metrics Changes - In Q3 2024, the company achieved revenue of 1.573 billion yuan, a year-on-year increase of 37.96% [2] - The shipment volume reached 1.861 billion yuan, with a gross profit of 709 million yuan and a gross margin of 45.09% [2] - Net profit was 315 million yuan, reflecting a year-on-year growth of 35.09%, with a net profit margin of 20.03% [2] - The adjusted net profit was 306 million yuan, up 31.41%, with an adjusted net profit margin of 19.47% [2] - As of the end of Q3, total assets amounted to 11.366 billion yuan, with cash and short-term deposits accounting for 19.07% of total assets [2] Business Line Data and Key Metrics Changes - The semiconductor cleaning equipment segment is projected to capture a significant market share, with SPM technology contributing approximately 25% to the cleaning equipment market [3] - The company’s advanced packaging and other backend equipment revenue grew by 27.51% year-on-year to 336 million yuan, accounting for 8.44% of total revenue [7] - Revenue from electroplating and furnace tube equipment decreased by 13.37% to 709 million yuan, representing 17.83% of total revenue [6] Market Data and Key Metrics Changes - The global cleaning equipment market is estimated to be close to 6 billion USD, with the company’s products widely used in over 90% of cleaning supply steps in the logistics and storage supply chain [3] - The company’s cleaning equipment has become a flagship product for entering overseas markets, with a total addressable market of nearly 2 billion USD [6] Company Strategy and Development Direction - The company aims to maintain a balanced sales strategy, targeting 50% of sales in mainland China and 50% in international markets [10] - The focus on product innovation and market share enhancement is expected to drive growth, particularly in the mid-temperature SPM market, which constitutes over 80% of the overall SPM market [5] - The company is committed to R&D and actively participates in the development of next-generation advanced packaging technologies [7] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in expanding market share in the cleaning equipment sector, particularly with advancements in high-temperature SPM technology [3] - The company anticipates more equipment deliveries by the end of the year, with a clearer expectation of equipment delivery and customer acceptance based on current orders and plans [11] - The management highlighted ongoing efforts in product development, market expansion, and customer relationship maintenance, aiming for significant growth in the future [11] Other Important Information - The company has made significant technological breakthroughs, including the development of the world's first Saps noise wave cleaning equipment and the second key semiconductor device [5] - The company’s new products, including the track and PCVD devices, are expected to achieve market success and contribute to revenue growth starting in 2025 [8] Q&A Session Summary Question: What is the outlook for the semiconductor cleaning equipment market? - The company estimates the global cleaning equipment market potential to be close to 6 billion USD, with confidence in expanding market share due to technological advancements [3] Question: How does the company plan to balance its sales between domestic and international markets? - The long-term goal is to achieve a 50-50 sales distribution between mainland China and international markets, focusing on product innovation and market share growth [10] Question: What are the expectations for new product launches? - The company expects the track and PCVD devices to begin contributing to revenue in the second half of 2025, with ongoing customer validation processes [8]

关于盛美半导体设备（上海）股份有限公司 向特定对象发行股票申请文件的审核问询 函的回复 保荐人（主承销商） 二〇二四年十二月 上海证券交易所： 贵所于 2024 年 11 月 22 日出具的《关于盛美半导体设备（上海）股份有限 公司向特定对象发行股票申请文件的审核问询函》（以下简称"审核问询函"）已 收悉。盛美半导体设备（上海）股份有限公司（以下简称"盛美上海"、"发行人" 或"公司"）与海通证券股份有限公司（以下简称"保荐机构"或"保荐人"）、 立信会计师事务所（特殊普通合伙）（以下简称"申报会计师"）等相关方已就审 核问询函中提到的问题进行了逐项落实并回复。 本审核问询函回复中所使用的术语、名称、缩略语，除特别说明外，与其在 《盛美半导体设备（上海）股份有限公司 2024 年度向特定对象发行 A 股股票募 集说明书》中的含义相同。 本回复中若出现总计数尾数与所列数值总和尾数不符的情况，均为四舍五入 所致。 本回复中的字体代表以下含义： | 问询函所列问题 | 黑体（不加粗） | | --- | --- | | 对问询函所列问题的回复 | 宋体（不加粗） | 7-1-1 | 问题 | 1.关于募投项目 3 ...

8-1-1 关于盛美半导体设备（上海）股份有限公司 申请向特定对象发行股票的审核问询函的回复说明 关于盛美半导体设备（上海）股份有限公司 申请向特定对象发行股票的 审核问询函的回复说明 信会师函字[2024]第 ZI545 号 信会师函字[2024]第 ZI545 号 上海证券交易所： 贵所于 2024 年 11 月 22 日出具的《关于盛美半导体设备（上海） 股份有限公司向特定对象发行股票申请文件的审核问询函》（上证科 审（再融资）〔2024〕129 号）（以下简称"审核问询函"）已收悉， 立信会计师事务所（特殊普通合伙）（以下简称"申报会计师"或"本 所"）作为盛美半导体设备（上海）股份有限公司（以下简称"盛美 上海"、"发行人"、"公司"）本次申请向特定对象发行股票的审 计机构，对审核问询函中提到的要求申报会计师核查的问题进行了审 慎核查，现回复如下： 说明： 7-2-1 1、 如无特别说明，本问询回复中所涉及的简称或释义与《募 集说明书》中相同。 2、 本问询回复中若出现总计数尾数与所列数值总和尾数不符 的情况，均为四舍五入所致。 3、 本所没有接受委托审计或审阅 2024 年 1-9 月期间的财务报 ...

证券代码：688082 证券简称：盛美上海 公告编号：2024-081 公司本次向特定对象发行股票事项尚需通过上交所审核，并获得中国证券监 督管理委员会（以下简称"证监会"）作出同意注册的决定后方可实施，最终能 否通过上交所审核并获得证监会同意注册的决定及其时间尚存在不确定性。公司 将根据该事项的进展情况及时履行信息披露义务，敬请广大投资者注意投资风险。 特此公告。 盛美半导体设备（上海）股份有限公司 董事会 2024年12月27日 盛美半导体设备（上海）股份有限公司 关于向特定对象发行股票申请文件的 审核问询函回复的提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 盛美半导体设备（上海）股份有限公司（以下简称"公司"）于2024年11 月22日收到上海证券交易所（以下简称"上交所"）出具的《关于盛美半导体设 备（上海）股份有限公司向特定对象发行股票申请文件的审核问询函》（上证科 审（再融资）〔2024〕129号）（以下简称"《审核问询函》"），上交所审核 机构对公司向特定对象发行股票申请文件进行了审核，并形成了 ...

证券代码：688082 证券简称：盛美上海 公告编号：2024-080 盛美半导体设备（上海）股份有限公司 关于召开 2024 年第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 会议召开时间：2024 年 12 月 27 日（星期五） 下午 15:00-16:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网址： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频录播和网络互动 投资者可于 2024 年 12 月 20 日（星期五）至 12 月 26 日（星期四）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 （ir@acmrcsh.com）进行提问。公司将在说明会上对投资者普遍关注的问题进 行回答。 盛美半导体设备（上海）股份有限公司（以下简称"公司"）已于2024年10 月31日发布公司2024年第三季度报告，为便于广大投资者更全面深入地了解公司 2024年第三季度经 ...

证券代码：688082 证券简称：盛美上海 公告编号：2024-078 盛美半导体设备（上海）股份有限公司 关于 2019 年股票期权激励计划第二个行权期 第二次行权结果暨股份变动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 本次行权股票数量：436,921股，占行权前公司总股本的比例为0.10%。 本次行权股票上市流通时间：本次行权股票自行权日起满三年可上市流 通，预计上市流通时间为2027年12月2日（如遇非交易日则顺延）。 一、本次股票期权行权的决策程序及相关信息披露 （一）2019年11月14日，盛美半导体设备（上海）股份有限公司（以下简称 "公司"）分别召开第一届董事会第一次会议和第一届监事会第一次会议，审议 通过了《关于公司2019年股票期权激励计划（草案）的议案》《关于公司2019年 股票期权激励计划实施考核管理办法的议案》《关于提请股东大会授权董事会办 理2019年股票期权激励相关事宜的议案》等议案。 （二）2019年11月15日，公司通过现场张贴等手段，在公司内部公示了激励 对象 ...

证券代码：688082 证券简称：盛美上海 公告编号：2024-079 盛美半导体设备（上海）股份有限公司（以下简称"公司"）于2024年8月6日 召开第二届董事会第十二次会议及第二届监事会第十二次会议，审议通过了《关于 以集中竞价交易方式回购公司股份方案的议案》，同意公司使用首次公开发行人民 币普通股取得的部分超募资金及公司自有资金通过集中竞价交易方式进行股份回 购。回购股份将在未来适宜时机用于股权激励或员工持股计划。回购价格不超过90 元/股（含），回购资金总额不低于人民币5,000万元（含），不超过人民币10,000 万元（含），回购期限为自董事会审议通过本次回购方案之日起12个月内。具体内 容详见公司于2024年8月8日在上海证券交易所网站（www.sse.com.cn）上披露的 《关于以集中竞价交易方式回购公司股份方案的公告》（公告编号：2024-044）。 二、 回购股份的进展情况 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第7 号——回购股份》等相关规定，公司在回购期间，应当在每个月的前3个交易日内 公告截至上月末的回购进展情况。现将公司回购股份进展情况公告如下： 截至20 ...

证券代码：688082 证券简称：盛美上海 公告编号：2024-077 盛美半导体设备（上海）股份有限公司 关于 2019 年股票期权激励计划第二个行权期 第一次行权结果暨股份变动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 本次行权股票数量：2,150,269股，占行权前公司总股本的比例为0.49%。 本次行权股票上市流通时间：本次行权股票自行权日起满三年可上市流 通，预计上市流通时间为2027年11月25日（如遇非交易日则顺延）。 一、本次股票期权行权的决策程序及相关信息披露 （一）2019年11月14日，盛美半导体设备（上海）股份有限公司（以下简称 "公司"）分别召开第一届董事会第一次会议和第一届监事会第一次会议，审议 通过了《关于公司2019年股票期权激励计划（草案）的议案》《关于公司2019年 股票期权激励计划实施考核管理办法的议案》《关于提请股东大会授权董事会办 理2019年股票期权激励相关事宜的议案》等议案。 （二）2019年11月15日，公司通过现场张贴等手段，在公司内部公示了激励 ...

Core Viewpoint - The scale of restricted shares released in the A-share market has significantly increased to nearly 90 billion yuan this week, with 54 companies involved in the release of 3.855 billion shares, totaling a market value of 89.03 billion yuan [1] Group 1: Major Companies Involved - Shengmei Shanghai (688082.SH) is the largest company in terms of restricted share release, with 358 million shares released on November 18, accounting for 82.01% of its total share capital, resulting in a market value of 38.824 billion yuan [2] - Other notable companies with significant restricted share releases include Fujia Co., Ltd. (603219.SH), Canqin Technology (688182.SH), and Wanxiang Technology (301180.SZ), with market values exceeding 5 billion yuan [1][4] Group 2: Company Performance and Projections - Shengmei Shanghai reported a revenue of 3.977 billion yuan for the first three quarters of 2024, a year-on-year increase of 44.62%, and a net profit of 758 million yuan, up 12.72% [2] - The company has consistently raised its annual revenue forecast, with the latest estimate for 2024 set between 5.6 billion yuan, indicating a positive outlook for future performance [3] - Fujia Co., Ltd. has experienced a decline in revenue and net profit over the past two years, with a 25% drop in net profit last year and a similar decline in the first three quarters of this year [5] - Canqin Technology has shown a year-on-year net profit increase of 68.23% in the first three quarters of this year, although its performance remains below pre-listing levels [7] - Wanxiang Technology has faced significant declines in net profit, with an 86% drop last year and a further 34% decrease in the first three quarters of this year [9] Group 3: Market Reactions and Stock Performance - Shengmei Shanghai's stock price has increased approximately 28% from its issue price of 85 yuan to the latest closing price of 108.54 yuan [3] - Fujia Co., Ltd.'s stock price has risen over 120% compared to its issue price, despite its declining financial performance [6] - Canqin Technology's stock price has seen an increase of nearly 80% from its issue price [8] - Wanxiang Technology's stock price has shown a nearly 30% increase from its issue price, despite its poor financial results [9] Group 4: Types of Restricted Shares Released - This week, 11 companies had restricted shares released that accounted for over 50% of their total share capital, indicating a significant impact on their stock prices due to the increase in circulating shares [10] - The majority of the released shares were original shareholders' restricted shares, with 22 companies involved, alongside 4 companies with directed placement shares and 11 companies with equity incentive restricted shares [10]