At a Sept. 21 results briefing, Xianfeng Jingke said orders on hand at
end-1H2026 were more than 80% higher YoY, a record, but deliveries and revenue
labeled due to delayed capacity ramp-up and stricter customer process
requirements for advanced-node products. Management expects capacity expanded
earlier this year to be steadily released in H2, driving material YoY and QoQ
growth in deliveries and revenue. Ceramic heaters have passed validation by
leading equipment vendors and will enter small-batch production and start
contributing revenue in Q4; electrostatic chuck products remain in R&D, with
customer sample validation expected in 2027.
