SEICHITECH Reports 118.84% Revenue Growth in Q1 2026, Driven by Strong Semiconductor Test Equipment Business

Shenzhen, China, April 29, 2026 — SEICHITECH today announced its first-quarter results for 2026. The company reported operating revenue of RMB 333 million, a year-on-year increase of 118.84%. Net profit attributable to shareholders of the listed company reached RMB 14.55 million. The strong quarterly performance was primarily driven by rapid volume growth and market breakthroughs in the semiconductor test equipment business.

R&D Investment Surge of 113.67%

SEICHITECH has consistently made technological innovation the core driver of its growth. During the first three months of 2026, the company invested RMB 63.01 million in R&D, up 113.67% year-on-year, representing 18.93% of operating revenue. Adhering to its R&D rhythm of “one generation in mass production, one in development, and one in pre-research,” the company continues to strengthen its technical teams and maintain technology leadership in core areas, providing a solid foundation for sustained business expansion.

Semiconductor Test Equipment as Largest Business Segment

Thanks to continuous technology accumulation and high-intensity R&D investment, SEICHITECH has made significant progress across its business segments. According to the 2025 annual report, revenue from the semiconductor test equipment business grew more than 150% year-on-year, accounting for 55.51% of total operating revenue — becoming the company’s largest business segment.

In January 2026, SEICHITECH announced a major sales contract totaling RMB 1.311 billion (including tax) for semiconductor test equipment. This single order exceeded the total value of all orders publicly announced by the company in 2025, fully demonstrating product recognition among top downstream customers and robust market demand. The strong order backlog provides solid support for the company’s future growth.

Expanding Product Portfolio and Market Reach

SEICHITECH has delivered its first self-developed 9Gbps high-speed FT tester to customers and is steadily advancing its 18Gbps high-speed FT tester project. Building upon its technical expertise and leading position in DRAM testing, the company is expanding into NAND Flash and SoC chip testing, actively seizing new opportunities presented by technology evolution such as integrated storage and computing.

At the same time, the company is strengthening its focus on probe cards as a core consumable, offering customers an integrated “equipment + consumables” solution in response to advanced packaging demands. In the XR inspection equipment business, SEICHITECH continues to deepen collaboration with leading overseas terminal manufacturers, achieving volume deliveries of serial equipment and successfully entering the emerging AI smart terminal interaction sector. In the display inspection equipment business, the company has secured volume orders for high-generation production lines from top domestic panel manufacturers, further solidifying its leadership in domestic substitution.

Strategic Investment to Support Future Growth

As part of its strategic roadmap, SEICHITECH plans to issue A‑shares to specific investors, with a proposed investment of RMB 3 billion in semiconductor memory test equipment R&D and intelligent manufacturing projects, as well as a high‑end chip test equipment and cutting‑edge technology R&D center. This major strategic investment will further enhance the company’s high‑end equipment industrialization capabilities, support breakthroughs in key frontier technologies, and build momentum to capture greater market opportunities in the AI era.

AI Era Driving Demand for High-End Chips

The AI era’s intense demand for high-performance computing power and high-density storage capacity is driving a surge in demand for high-end chips, including AI computing chips and high-bandwidth memory (HBM). High-speed test equipment is not only critical to chip process upgrades and yield improvement but also a core battleground for accelerating domestic substitution in China’s semiconductor industry.

Moving forward, SEICHITECH will remain committed to its strategic goal of becoming a “leading semiconductor test and inspection equipment platform enterprise.” The company will build a 5+N core product line, with test and inspection technology as its core entry point and artificial intelligence as a key driver.

SEICHITECH will actively seize multiple opportunities — including rising AI computing power demand, advanced packaging technology iteration, and the evolution of display technologies toward high‑generation and micro‑display directions — continuously improving its multi‑scenario systematic solution capabilities and working with industry chain partners to drive domestic substitution and high‑quality development of the semiconductor test and inspection industry.