AMEC, a frontrunner in China's semiconductor equipment sector with a market capitalization surpassing 350 billion yuan, unveiled its semi-annual report for 2026. The report indicates that the company's revenue for the first half of the year soared to 6.691 billion yuan, marking a year-on-year increase of 34.89%. Its net profit attributable to the parent company skyrocketed to 2.825 billion yuan, representing a substantial year-on-year surge of 300.22%. Furthermore, the net profit attributable to the parent company after deducting non-recurring items climbed to 1.123 billion yuan, up by 108.36% year-on-year.
AMEC disclosed that its wholly-owned subsidiary, AMEC Lingang, will allocate 3.5 billion yuan (inclusive of 1.7 billion yuan in fixed asset investment) towards the construction of the Lingang Industrialization Base (Phase II) project. This initiative will concentrate on the manufacturing of equipment for etching, metrology and inspection, thin film deposition, among others. Upon reaching full production capacity, the project is anticipated to yield annual sales revenue of 3 billion yuan.
Additionally, the company has witnessed a notable uptick in the new shipment volume of its high-end etching products. Several equipment models have attained large-scale mass production or found application in the fabrication of advanced logic and memory devices. AMEC's MOCVD equipment maintains a leading edge in the global market for gallium nitride-based LED MOCVD. Concurrently, the company is vigorously advancing the development and process verification of multiple more cutting-edge equipment models.