MAYAIR(SH:688376) Xin Lang Cai Jing·2025-12-04 07:44Core Viewpoint - The company Meai (China) Environmental Technology Co., Ltd. is a leading domestic brand in the air purification and environmental governance sector, focusing on high-efficiency air purification products and solutions for semiconductor manufacturing [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 recognized as a national-level "specialized, refined, and innovative" small giant by the end of 2021, establishing itself as a leader in cleanroom equipment for the semiconductor industry in China [3][7]. - As of September 30, 2025, Meai achieved a revenue of 1.486 billion yuan, representing a year-on-year growth of 23.64%, while the net profit attributable to shareholders was 141 million yuan, a decrease of 5.17% year-on-year [7][8]. Market Position and Products - The company has developed the first domestic 28nm lithography equipment and provides products that meet the highest international cleanliness standards (ISO Class 1) for semiconductor manufacturing [2]. - Meai is a qualified supplier for international semiconductor manufacturers such as Intel and ST Microelectronics, indicating its competitive position in the market [2]. - The company has long supplied products to SMIC (Semiconductor Manufacturing International Corporation) to meet the air cleanliness requirements for advanced manufacturing processes, including 14nm and 28nm nodes [2][3]. Financial Performance - The company's stock experienced a decline of 1.05% on December 4, with a trading volume of 56.1534 million yuan and a market capitalization of 6.249 billion yuan [1]. - The average trading cost of the stock is 47.59 yuan, with recent trading activity indicating a lack of strong accumulation or distribution trends [5][6]. Shareholder Information - As of September 30, 2025, the number of shareholders increased by 36.07% to 5,817, while the average circulating shares per person decreased by 26.51% [7]. - The company has distributed a total of 80.64 million yuan in dividends since its A-share listing [9].