[hcdx] Domestic GKJ machine: Independent and controllable drives the first year of GKJ

English summary

Today, foreign media reports on China's domestic DUV have exploded. Indeed, driven by the surge in computing power demand and the acceleration of semiconductor self-reliance, the domestic GKJ industry is experiencing a historic boom. Against the backdrop of traditional front-end lithography being constrained by foreign control, the localization of GKJ is rapidly penetrating from components to complete machines, from back-end packaging to high-end IC substrates and advanced packaging (CoWoS/2.5D). Feiwo Tai is positioned in the core consumables for DUV immersion GKJ, becoming the only domestic supplier of anti-UV waterproof coating for immersion DUV. The business officially started mass production in February 2026, with orders of over 20 million yuan so far; thus, this year's annualized revenue can be at least 50 million yuan, and this coating is a consumable, #needing replacement every 3-4 months. Direct-write lithography (maskless exposure) is accelerating the replacement of traditional exposure machines due to its advantages of no mask, high flexibility, and high alignment accuracy, becoming a core solution for high-end PCB, IC substrates, and advanced packaging (CoWoS-L/RDL). ...