A-share subscription | Kemade Technology (301611.SZ) opens subscription, a leading domestic advanced ceramic materials company in the semiconductor field

On August 5th, Kema Technology (301611.SZ) opened for subscription with an offering price of 8 yuan per share, a subscription limit of 12,000 shares, a P/E ratio of 44.9 times, and listed on the ChiNext board of the Shenzhen Stock Exchange. CITIC SEC is the sponsor and lead underwriter. According to the prospectus, Kema Technology is a leading domestic company in the advanced ceramic materials and components sector of the semiconductor industry. It is also one of the few domestic companies with multiple ceramic materials and products certified by international leading semiconductor equipment manufacturer, Company A. The company's advanced ceramic materials and products are also used in display panels, LEDs, photovoltaics, and other semiconductor-related fields, as well as in electronic (including lithium batteries) material powder crushing and grading, fuel cell manufacturing, chemical environmental protection, automotive manufacturing, biomedicine, traditional textile and paper manufacturing equipment and production processes. Kema Technology is also one of the leading domestic companies in the surface treatment sector of the display panel industry. The company's surface treatment processes are not only used in the manufacturing of its own advanced ceramic materials and components, but also serve downstream customers such as semiconductor manufacturers and equipment manufacturers. As a core client, Kema Technology is one of the few advanced structural ceramic suppliers of Company A in China, and has been recognized as a global gold supplier by NAURA Technology Group for three consecutive years, and was awarded the 2021 Outstanding Quality Award by the well-known domestic semiconductor thin film deposition equipment manufacturer Piotech Inc. The funds raised from this offering, after deducting issuance expenses, will be invested in the following projects: Financially, in 2021, 2022, and 2023, Kema Technology's operating income is expected to be approximately RMB 345 million, 462 million, and 480 million respectively, with net profits in these periods being approximately RMB 67.088 million, 93.236 million, and 81.86 million yuan respectively.