Announced details
The gross margin on silicon wafers for semiconductors increased by 3.96 percentage points year on year. The gross margin on silicon components for etching equipment decreased by 8.30 percentage points year on year.
有研半导体硅材料股份公司 is the Company’s consolidated subsidiary in China. SGRS is an equity-method affiliate. The Company made a capital contribution in January 2025, raising its ownership interest from 19.99% to 28.11%. 山東研晶石英科技有限公司 was established through a joint investment by Shandong GRITEK and 山東恒聖石墨科技有限公司, and the Company holds a 51% ownership interest. For DG Technologies Co., Ltd., the Company completed the acquisition of a 70% stake at the end of January 2026.
有研半导体硅材料股份公司 primarily conducts research and development, manufacturing and sales of silicon materials for semiconductors. SGRS primarily produces 12-inch silicon wafers and is in the preparatory phase for mass production. Other information on 山東恒聖石墨科技有限公司 is Not disclosed. Other information on DG Technologies Co., Ltd. is Not disclosed.
山東研晶石英科技有限公司 has production capacity for 24- to 32-inch quartz crucibles for semiconductors and 33- to 36-inch quartz crucibles for solar power generation applications. Other information is Not disclosed.
GRITEK’s revenue for fiscal 2025 was RMB 1,005.2457 million, and total profit was RMB 287.2029 million. Net profit attributable to owners of the parent was RMB 209.2806 million, down 10.14% year on year.
The company does not address Contract Value / Offering price.
The 有研半导体硅材料股份公司 website and 2025 Annual Report on the Shanghai Stock Exchange STAR Market
| Item | Details |
|---|---|
| Names of Products / Services Covered | Semiconductor silicon wafers, Silicon components for etching equipment, Consumable parts for etching equipment, Silicon single-crystal ingots and wafers produced using the FZ method, Quartz crucibles for semiconductors |
| Counterparty | 有研半导体硅材料股份公司 (GRITEK / GRINM SEMICONDUCTOR MATERIALS CO. LTD., Shanghai Stock Exchange STAR Market, 688432), 山東有研艾斯半導体材料有限公司 (SGRS), 山東恒聖石墨科技有限公司, DG Technologies Co., Ltd. |
| Counterparty overview | 有研半导体硅材料股份公司 primarily conducts research and development, manufacturing and sales of silicon materials for semiconductors. SGRS primarily produces 12-inch silicon wafers and is in the preparatory phase for mass production. Other information on 山東恒聖石墨科技有限公司 is Not disclosed. Other information on DG Technologies Co., Ltd. is Not disclosed. |
| Relationship with the Company | 有研半导体硅材料股份公司 is the Company’s consolidated subsidiary in China. SGRS is an equity-method affiliate. The Company made a capital contribution in January 2025, raising its ownership interest from 19.99% to 28.11%. 山東研晶石英科技有限公司 was established through a joint investment by Shandong GRITEK and 山東恒聖石墨科技有限公司, and the Company holds a 51% ownership interest. For DG Technologies Co., Ltd., the Company completed the acquisition of a 70% stake at the end of January 2026. |
| Launch date | August 2025 (establishment of 山東研晶石英科技有限公司) / end of January 2026 (completion of the acquisition of a 70% stake in DG Technologies) |
| Applicable area | Integrated circuits, Discrete semiconductor devices (power devices, sensors, optical devices, etc.), Silicon components for etching equipment, Industrial electronics, Automotive electronics, Aerospace, Solar power generation |
| Location scale | 山東研晶石英科技有限公司 has production capacity for 24- to 32-inch quartz crucibles for semiconductors and 33- to 36-inch quartz crucibles for solar power generation applications. Other information is Not disclosed. |
| Quantitative Effects | The gross margin on silicon wafers for semiconductors increased by 3.96 percentage points year on year. The gross margin on silicon components for etching equipment decreased by 8.30 percentage points year on year. |
| Impact on Business Performance | GRITEK’s revenue for fiscal 2025 was RMB 1,005.2457 million, and total profit was RMB 287.2029 million. Net profit attributable to owners of the parent was RMB 209.2806 million, down 10.14% year on year. |
| Source | The 有研半导体硅材料股份公司 website and 2025 Annual Report on the Shanghai Stock Exchange STAR Market |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To disclose excerpts from the Japanese translation of GRITEK’s 2025 Annual Report, which was disclosed on 27 March 2026. Factors cited for fluctuations in business performance include higher investment losses resulting from the capital increase in SGRS, higher share-based payment expenses and increased collection of sales proceeds.