Microguide Nano released an announcement stating that the company plans to issue convertible bonds to unspecified objects, with the total amount of funds raised not exceeding 1.17 billion yuan. After deducting the issuance costs, the funds will be invested in the construction of an intelligent factory for semiconductor thin film deposition equipment, the expansion of R&D laboratories and the replenishment of working capital.
According to the announcement, Microguide Nano intends to use 643 million yuan of the raised funds to build an intelligent factory for semiconductor thin-film deposition equipment. Located in Xinwu District, Wuxi City, Jiangsu Province, the project, with a total investment of 670 million yuan, will construct a state-of-the-art production workshop and purchase advanced production and measurement equipment to enhance the company's thin-film deposition equipment production capacity. Upon completion and reaching full production capacity, annual sales revenue is expected to reach 1.565 billion yuan.
Microguide Nano stated that the company is committed to the research of thin film deposition equipment. After years of development, it has formed a product system with atomic layer deposition (ALD) technology as the core and chemical vapor deposition (CVD) and other vacuum thin film technologies developed in tiers, covering multiple process technologies and product categories. At present, the company's products have covered logic, storage, silicon-based OLED and third-generation semiconductor fields. In recent years, affected by the growth of downstream market demand, the company's scale has expanded rapidly and sales have grown rapidly.

The company's semiconductor thin film deposition equipment sales have increased from RMB 25 million in 2021 to RMB 332 million in 2024, with a CAGR of 136.21%. As of the end of 2024, the company's semiconductor field order backlog was RMB 1.505 billion. The existing production capacity could not support the company's expansion in business scale. In order to ensure the company's product delivery quality and delivery capacity, the company urgently needs to expand new production sites.