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On April 28, Yingjie Electric disclosed in an online forum that the company has successfully commenced mass production of power supply solutions tailored for cutting-edge semiconductor manufacturing processes. Projections indicate that the semiconductor division's revenue will hit 350 million yuan in 2024, marking a significant year-over-year surge. Furthermore, the first quarter of 2025 has seen a favorable revenue and order scenario within the semiconductor industry, hinting at an accelerated growth rate. Considering the revenue achieved in the first quarter, the current order backlog, and the robust demand from the company's key clientele, it is anticipated that the semiconductor business will sustain its upward trajectory throughout 2025.
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