Xinlai Materials: The company is a qualified supplier of SMIC and is undergoing import substitution certification

On July 30, in response to investors' questions about whether the company has cooperated with SMIC and Dutch ASM, Xinlai Materials responded: "The company is already a qualified supplier of SMIC's equipment, and the factory service end is currently in the import substitution certification stage."

At the same time, the chip shortage has been severe since Q4 2020, and Xinlai Materials expects that the shortage will not be alleviated until 2022. There is a strong demand for wafer fab expansion. Xinlai Materials currently has sufficient orders for its products in various industries, and production is very busy. Xinlai Materials is steadily and orderly increasing its production capacity by accelerating the construction of convertible bond investment projects, and will also deploy new production capacity in a timely manner according to future orders and market demand. 

Xinlai Materials pointed out that the company has been focusing on the research, manufacturing and sales of high-purity and ultra-high-purity clean application materials. The company's semiconductor vacuum systems and gas systems can serve all semiconductor equipment suppliers and terminal manufacturers. The AdvanTorr brand of semiconductor vacuum products and the NanoPure brand of gas products can be applied to the upstream and downstream of the semiconductor industry chain.

It is reported that Xinlai Materials had already invested in semiconductor projects when it went public. In 2012, it had become a part of the supply chain of international semiconductor equipment manufacturers and successfully obtained certification from international manufacturers. The company has gradually entered the supply list of semiconductor FAB factories and semiconductor equipment manufacturers. In order to further expand product production capacity, the company issued 280 million convertible bonds in 2019 to raise funds for investment projects, expand the company's market share in the field of high-purity and ultra-high-purity applied materials in the semiconductor industry, and enhance the company's core competitiveness. At present, the COVID-19 epidemic abroad is serious, and the progress of the company's purchase of related imported equipment has been delayed, which has temporarily suspended the progress of the convertible bond investment project.