Yingjie Electric: Rapid expansion of semiconductor business.
The company released its 2024 interim report. In the first half of 2024, the company achieved operating income of 797 million yuan, a year-on-year increase of 23.88%; the net profit attributable to the parent company was 178 million yuan, a year-on-year increase of 9.17%. By industry classification, the photovoltaic industry achieved operating income of 398 million yuan, a year-on-year increase of 13.79%, accounting for 49.92%; semiconductors and electronic materials achieved operating income of 185 million yuan, a year-on-year increase of 122.55%, accounting for 23.24%; other industries achieved revenue of 213 million yuan, a year-on-year increase of 1.21%, accounting for 26.66%.
The proportion of new semiconductor orders has increased, and the company has joined hands with leading customers to accelerate domestic substitution. The company's RF power supplies used in semiconductor etching and PECVD continue to receive batch orders, and some models have been mass-produced. The order amount in the first half of 2024 has exceeded the order amount for the whole year of 2023. From the perspective of new orders, the order growth rate in the semiconductor field in the first half of 2024 exceeded 30%, accounting for 22%, an increase of 8pct, mainly due to the growth of RF power supplies. Chengdu Yingjie Chenhui Technology Co., Ltd., a subsidiary of AMEC's shareholding company that specializes in RF power supply business, is currently stepping up efforts to fully cover all models of RF power supplies required for AMEC's etcher.
