MAYAIR(SH:688376) Xin Lang Cai Jing·2025-09-19 07:53Core Viewpoint - The company Meai (China) Environmental Technology Co., Ltd. is positioned as a leading domestic brand in the air purification and environmental governance sector, particularly in the semiconductor cleanroom equipment market, with significant growth potential driven by its technological advancements and partnerships with major semiconductor manufacturers [2][3]. Company Overview - Meai specializes in the research, production, and sales of air purification products and atmospheric environmental governance products, with its main products including fan filter units, filters, and air purification equipment [3][7]. - The company was awarded the national-level "specialized and innovative small giant" title at the end of 2021, solidifying its status as a leader in the domestic semiconductor cleanroom equipment market [3]. Financial Performance - For the first half of 2025, Meai achieved operating revenue of 935 million yuan, representing a year-on-year growth of 23.51%, and a net profit attributable to shareholders of 98.01 million yuan, with a year-on-year increase of 5.53% [7][8]. - The company has distributed a total of 80.64 million yuan in dividends since its A-share listing [9]. Market Position and Partnerships - Meai has developed the first domestic 28nm lithography equipment and provides high-efficiency filtration products to major international semiconductor manufacturers such as Intel and ST Microelectronics, indicating its competitive standing in the market [2]. - The company has long-term supply agreements with SMIC, providing essential filtration products for various product lines, including advanced 14nm and 28nm processes [2][3]. Stock Performance - On September 19, the stock price of Meai increased by 1.97%, with a trading volume of 238 million yuan and a turnover rate of 8.25%, bringing the total market capitalization to 7.43 billion yuan [1].