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On May 27, executives from Xinyuan Micro revealed during the performance briefing that the company had secured newly signed orders amounting to 2.4 billion yuan for 2024, marking a 10% year-on-year increase. The order portfolio is well-balanced, encompassing both front-end and back-end processes. Multiple customers have placed orders for front-end track equipment, while front-end chemical cleaning equipment has also successfully garnered verification orders from several key clients, signifying a seamless commercialization journey. The demand for advanced packaging in the back-end market remains robust, prompting customers to actively place orders. Furthermore, notable breakthroughs have been achieved in bonding equipment, with impressive performance in newly inked mass production and verification orders.
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