Jiwei Network news, on December 24, 2021, Shanghai Silicon Industry Group Co., Ltd. (hereinafter referred to as "Shanghai Silicon Industry") "issued securities to specific targets to raise funds" registered on the Shanghai Stock Exchange and came into effect.
It is understood that the Shanghai silicon industry is mainly engaged in the research and development, production and sales of semiconductor silicon wafers, is one of the largest semiconductor silicon wafer manufacturing enterprises in Chinese mainland, and is the first enterprise in Chinese mainland to achieve large-scale sales of 300mm semiconductor silicon wafers. Since its establishment, Shanghai silicon industry has adhered to the major strategic needs of the national semiconductor industry, adhered to the global layout, adhered to the international cutting-edge technology, broken through a number of key core technologies in the field of semiconductor silicon wafer manufacturing, and broken the situation that the localization rate of 300mm semiconductor silicon wafers in the mainland is almost 0%.
The main products of Shanghai silicon industry are semiconductor silicon wafers of 300mm and below. Semiconductor silicon wafers are the key and basic raw materials for integrated circuits and other semiconductor products, and more than 90% of semiconductor products are currently manufactured using silicon-based materials. Shanghai silicon industry product terminal applications cover mobile communications, portable equipment, automotive electronics, Internet of Things, industrial electronics and other industries.
The 200mm and below semiconductor silicon wafers (including SOI wafers) in the Shanghai silicon industry are mainly used in sensors, RF front-end chips, analog chips, power devices, discrete devices and other fields. Okmetic, a subsidiary, has certain advantages in high-end market segments such as RF front-end chips, analog chips, advanced sensors, and automotive electronics, and has maintained in-depth and stable cooperative relations with many customers for more than ten years. Especially in terms of SOI silicon wafers, Shanghai silicon industry has mastered the advanced SOI silicon wafer manufacturing technology such as SIMOX, Bonding, and Simbond with independent intellectual property rights, and mastered the SmartCutTMSOI silicon wafer manufacturing technology through licensing, which can provide customers with a variety of types of SOI silicon wafer products. Compared with similar products of international competitors, Shanghai silicon industry 200mm and below semiconductor silicon wafers (including SOI wafers) are advanced and mature products, and have strong competitiveness in high-end market segments such as RF front-end chips, analog chips, advanced sensors, and automotive electronics.
Shanghai silicon industry 300mm semiconductor wafers are mainly used in memory chips, image processing chips, general-purpose processor chips, power devices and other fields. According to SEMI statistics, in 2019, the global 300mm semiconductor wafer shipping area accounted for 67.22% of the total semiconductor wafer shipping area, which is the most mainstream semiconductor wafer type in the market. Due to the increase in the production process and technical difficulty of semiconductor silicon wafers with the increase of silicon wafer size, only a few leading semiconductor wafer companies in the world have mastered the production technology of 300mm silicon wafers. Shanghai Silicon Industry Subsidiary Shanghai Xinsheng began construction in 2014, successfully pulled out the first 300mm monocrystalline silicon ingot in October 2016, opened up the whole process flow of 300mm semiconductor silicon wafers in 2017, and finally realized the large-scale production of 300mm semiconductor wafers in 2018, filling the gap in the industrialization of Chinese mainland 300mm semiconductor wafers. Compared with international competitors, Shanghai silicon industry belongs to the new entrants of the industry, and the world's top five semiconductor silicon wafer companies have accumulated decades of R & D and production experience and customer resources in this field, with significant first-mover advantages and scale cost advantages, Shanghai silicon industry 300mm semiconductor silicon wafer product price, technical level, product quality and global semiconductor silicon wafer leading enterprises There is still a certain gap compared with the global semiconductor silicon wafer leading enterprises.
It is planned to raise 5 billion yuan for the research and development of 300mm high-end silicon wafers and pilot projects
The total amount of funds raised from the issuance of shares to specific targets shall not exceed 500,000,000 yuan (including this amount), and after deducting the issuance expenses, the actual net proceeds of the issuance are intended to be used for the following items:
1, integrated circuit manufacturing 300mm high-end silicon wafer research and development and advanced manufacturing projects: the company is the first Chinese mainland to achieve large-scale sales of 300mm semiconductor silicon wafers enterprises, this time intends to use 150,000.00 million yuan to raise funds to invest in integrated circuit manufacturing with 300mm high-end silicon wafer research and development and advanced manufacturing projects. This project will improve the technical capabilities of 300mm semiconductor silicon wafers and expand the production scale of 300mm semiconductor silicon wafers. After the implementation of the project, the company will add 300,000 pieces/month of 300mm semiconductor silicon wafer production capacity that can be applied to advanced processes.
2, 300mm high-end silicon-based materials research and development pilot project: the company has mastered the independent intellectual property rights of SIMOX, Bonding, Simbond and other advanced SOI wafer manufacturing technology, and through the authorization method to master the Smart Cut TMSOI wafer manufacturing technology, can provide customers with a variety of types of SOI wafer products. This time, it is planned to use 200,000.00 million yuan to raise funds to invest in the pilot project of research and development of 300mm high-end silicon-based materials. This project will complete the technology research and development of 300mm high-end silicon-based materials and conduct intermediate test production to achieve engineering preparation capabilities. After the implementation of the project, the company will establish a supply capacity of 300mm high-end silicon-based materials and complete the construction of a production capacity of 400,000 pieces per year.
3. Supplementary liquidity: In recent years, the company's business scale has continued to expand, and its operating income has increased from 694 million yuan in 2017 to 1.493 billion yuan in 2019, with a compound growth rate of 29.09%. With the increase in revenue scale, the company's inventory, accounts receivable and prepaid accounts have increased simultaneously, and the company's demand for working capital has increased. In the future, with the release of the company's existing production capacity and the commissioning of new capacity, the company's demand for working capital will be further expanded, and supplementary working capital will help improve the company's operating capacity and expand the company's business scale. (Proofreading/Andy)