Piotech Inc. (688072.SH) has released its 2025 preliminary financial results. During the year, the company achieved operating revenue of approximately 6.519 billion yuan, representing a year-on-year increase of about 58.87%. Net profit attributable to owners of the parent company was around 929 million yuan, up approximately 35.05% compared to the previous year. The net profit attributable to owners of the parent company, excluding non-recurring gains and losses, was about 726 million yuan, marking a significant surge of roughly 103.79% year-on-year. The rapid technological advancement and surging demand in emerging sectors such as artificial intelligence (AI), high-performance computing (HPC), automotive electronics (including autonomous driving and connected vehicles), robotics, and wearable devices have prompted chip manufacturers to accelerate the iteration of advanced process technologies while simultaneously expanding their production capacity. Piotech Inc. has actively seized the development opportunities arising from semiconductor chip technology upgrades and domestic substitution. The company has established a comprehensive product portfolio in the areas of thin film deposition equipment and three-dimensional integration equipment. Leveraging technological breakthroughs and large-scale mass production in thin film deposition equipment, including PECVD, ALD, SACVD, HDPCVD, and Flowable CVD, as well as advanced bonding equipment, Piotech Inc. has significantly enhanced its core competitiveness in the advanced process segment, leading to substantial growth in its business scale.
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