11 July 2025 | 12:20AM HKT AMEC (688012.SS): Mgmt. call: Solid order from memory and logic; accelerated R&D cycle on new products; Buy We hosted AMEC management on July 10 in our China Semis Corp Call series (July 7 - 10). Key discussions focused on order momentum, China semis capex outlook, and product expansion plans. Overall, management maintained their positive tone of solid order growth driven by clients' capacity expansion and the increasing penetration of domestic equipment. The company is actively e ...