The China Securities Regulatory Commission (CSRC) announced on May 22 its approval for the initial public offering (IPO) registration of Chengdu Superpure Applied Materials Co., Ltd. The company plans to list on the Growth Enterprise Market (ChiNext) of the Shenzhen Stock Exchange, with Huatai United Securities serving as its sponsor. The IPO aims to raise approximately 1.12468 billion yuan.
According to its prospectus, the company is a nationally recognized specialized and sophisticated "little giant" enterprise focusing on special coating processes and related technologies and materials. It primarily serves the semiconductor manufacturing and precision optics sectors, providing precision component products and services that involve material modification, precision surface processing, precision cleaning, and special coating processes.
The company's main products cover core components for equipment used in wafer manufacturing, packaging, and silicon wafer production. It holds a relatively prominent technological advantage in the fields of etching, lithography, metrology and inspection, annealing, and thin-film deposition equipment. Additionally, it has achieved small-batch production or is undergoing client validation for equipment in areas such as bonding, ion implantation, and diffusion. The company also supplies key components for silicon epitaxial wafer manufacturing equipment.
It is one of the very few domestic suppliers of core components for semiconductor etching equipment capable of supporting 5nm and below process nodes. According to data from Frost & Sullivan, the company ranked first in market share among local enterprises in the semiconductor equipment special coating components sector in 2024, holding a 5.7% market share in mainland China.
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