AMEC Posts Higher H1 Revenue and Profit, Completes Hangzhou Zhonggui Acquisition and Sets Up Wuhan Unit to

In the same period of 2025, the company's operating revenue stood at RMB 4.961 billion, net profit attributable to shareholders at RMB 706 million, and net profit excluding non-recurring items at RMB 539 million.

The earnings growth was driven by two main factors: continued expansion of core business, with gross profit increasing by about RMB 682 million from the same period of 2025; and fair-value changes and investment income from external equity investments totaling approximately RMB 1.982 billion, up about RMB 1.815 billion from RMB 168 million in the first half of 2025.

As of the end of June 2026, AMEC had developed 54 types of high-end semiconductor equipment, including 26 types of high-energy and low-energy plasma etchers, as well as 24 types of various thin-film deposition, chemical mechanical polishing, and metrology and inspection tools. The machining precision of its etch and thin-film equipment has reached atomic-level accuracy. The company has accumulated more than 8,800 reaction chambers in mass production across over 220 production lines domestically and internationally. In the first half of 2026, R&D investment was about RMB 2.042 billion, up approximately 36.89% year-on-year, representing about 30.52% of operating revenue. Current R&D projects cover six equipment categories, involving development of more than 20 new tools. The company said its new product development cycle has shortened from three to five years previously to two years or less.

At the company's 22nd anniversary celebration on August 1, Yin Zhiyao, chairman and general manager, stated that within the next five years, through independent development and external acquisitions, the company aims to cover at least 60% of high-end semiconductor equipment, exceeding 100 types, with annual production capacity rising to over RMB 70 billion.

In terms of business layout, AMEC recently completed the issuance of shares and cash payment to acquire a 64.69% stake in Hangzhou Zhonggui, along with a matching fund-raising project, marking the first case on the STAR Market to apply the simplified review procedure for mergers and acquisitions. Hangzhou Zhonggui is one of the few domestic enterprises that have mastered core technology for 12-inch high-end chemical mechanical polishing equipment and achieved mass production, and its products complement the company's existing etch and thin-film deposition tools. In addition, AMEC Semiconductor Equipment (Wuhan) Co. , Ltd. was recently established with a registered capital of RMB 50 million, wholly owned by AMEC.