Establishment of a Chinese Joint Venture for Next-Generation Precursor Production
First written in FY2026-H1. 1 of 2 entries say "Advanced", first in FY2026. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「September 2025 Established the associate company Andetuo (Anhui) Electronic Materials Co., Ltd. as a joint venture with Hefei Ande Keming Semiconductor Technology Co., Ltd. in Hefei, Anhui Province, the People's Republic of China, for the R&D, production and sale of advanced semiconductor materials and other products in China.」
The China joint venture that had been disclosed as scheduled for FY2026 H1 was established in September 2025. The ownership ratio is 33% and capital is RMB 100 million, and preparations are under way to launch the plant. - FY2026-H1First statedAnnual report
「At a Board of Directors meeting held on 29 August 2025, the company resolved to establish a joint venture with ADChem to produce, sell and develop high-purity precursors and other materials used in semiconductors in China. The parties agreed to construct a plant in China for the production of next-generation semiconductor precursors. Planned establishment: September 2025; planned capital: RMB100 million, approximately ¥2 billion; ownership: 33% by the company and 67% by ADChem; plant construction scheduled to begin in the first half of 2026.」
The disclosure first presents a plan to conduct research and development, production and sales of high-purity precursors and related products in China through a joint venture with ADChem, specifying the establishment date, ownership, capital and planned start of plant construction.