MAYAIR(SH:688376) Xin Lang Cai Jing·2026-02-10 07:41Core Viewpoint - The company Meiyai (China) Environmental Technology Co., Ltd. specializes in air purification products and has established itself as a leader in the domestic semiconductor cleanroom equipment market, with significant growth in revenue despite a slight decline in net profit. Company Overview - Meiyai was founded on June 21, 2001, and went public on November 18, 2022. The company is located in Nanjing, Jiangsu Province, and focuses on the research, production, and sales of air purification and atmospheric environment governance products [7]. - The main revenue source for Meiyai comes from cleanroom air filtration and clean wall ceiling system products, accounting for 90.18% of total revenue, while other products contribute 9.82% [7]. Financial Performance - For the period from January to September 2025, Meiyai achieved a revenue of 1.486 billion yuan, representing a year-on-year growth of 23.64%. However, the net profit attributable to shareholders was 141 million yuan, reflecting a year-on-year decrease of 5.17% [7][8]. - The company has distributed a total of 80.64 million yuan in dividends since its A-share listing [9]. Market Position and Products - Meiyai has been a long-term supplier to SMIC, providing high-efficiency filters and other products essential for maintaining air cleanliness in semiconductor manufacturing [2]. - The company has developed products that meet the highest international cleanliness standards (ISO Class 1) for the domestic 28nm lithography equipment process, contributing to breakthroughs in critical technology for the domestic semiconductor industry [2]. - Meiyai's air purification devices are effective in removing PM2.5, bacteria, and harmful gases such as formaldehyde and VOCs [3]. Shareholder and Market Activity - As of September 30, 2025, Meiyai had 5,817 shareholders, an increase of 36.07% from the previous period, with an average of 8,764 circulating shares per person, a decrease of 26.51% [7]. - The stock has seen a net outflow of 5.4289 million yuan today, with a lack of clear trends in major shareholder activity [4][5].