Entegris (NasdaqGS:ENTG) Q4 2025 Earnings call February 10, 2026 08:00 AM ET Company ParticipantsDave Reeder - CEOHarris Fein - VP of Equity ResearchJeff Schnell - VP of Investor RelationsJohn Roberts - Managing DirectorLinda LaGorga - CFOMelissa Weathers - VP of Equity ResearchTimothy Arcuri - Managing DirectorConference Call ParticipantsBhavesh Lodaya - Senior Research AnalystCharles Shi - Senior AnalystEdward Yang - Stock AnalystElizabeth Sun - Stock AnalystMike Harrison - Senior Research AnalystOperator ...

Entegris (NasdaqGS:ENTG) Q4 2025 Earnings call February 10, 2026 08:00 AM ET Company ParticipantsChristopher Parkinson - Managing DirectorDave Reeder - CEOJeff Schnell - VP of Investor RelationsJohn Roberts - Managing DirectorLinda LaGorga - CFOMelissa Weathers - VP of Equity ResearchTimothy Arcuri - Managing DirectorConference Call ParticipantsBhavesh Lodaya - Senior Research AnalystCharles Shi - Senior AnalystEdward Yang - Stock AnalystElizabeth Sun - Stock AnalystMike Harrison - Senior Research AnalystOp ...

Entegris (NasdaqGS:ENTG) Q4 2025 Earnings call February 10, 2026 08:00 AM ET Speaker10Welcome to the Entegris Fourth Quarter 2025 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode, and the floor will be open for your questions following the presentation. If you would like to ask a question at that time, please press star one on your telephone keypad. If at any point your question has been answered, you may remove yourself from the queue by pressing star two. So ...

Group 1: Company Overview - The company is Shenzhen Changhong Technology Co., Ltd., with stock code 300151 and bond code 123109 [1] - The meeting was held on January 20, 2026, with 14 investors from various institutions [2] Group 2: Business Segments and Revenue - Precision molds and automated lines account for 7.24% of total revenue, smart manufacturing products for 64.94%, and medical consumables for 27.36% [2] - The semiconductor product market is estimated to have an annual market size of approximately 3 billion RMB [2] Group 3: Profit Margins - The gross margin for precision molds and automated lines is 34.82%, for smart manufacturing products is 19.85%, and for medical devices and consumables is 35.64% [3] Group 4: Recent Developments - The company has made significant breakthroughs in the domestic wafer carrier field, securing over half of the procurement amount from a major domestic wafer factory, totaling over 10 million RMB [3] - This achievement indicates the company's capability for stable production and continuous supply, with expectations for scaled production in 2026 [3]

Summary of Changhong Technology Conference Call Company Overview - **Company**: Changhong Technology - **Industry**: Semiconductor and related materials Key Points Industry and Market Developments - In December 2025, Changhong Technology surpassed imported products in the wafer carrier segment, securing significant orders from major storage clients, indicating recognition of product quality and delivery capabilities [2][3] - The first half of 2026 is expected to be crucial for expanding new customers in wafer carriers, with breakthroughs anticipated in photomask carriers and electronic chemical clean packaging barrels, opening new market opportunities [2][5] - The current order volume from major storage clients is in the thousands, with a total value exceeding 10-20 million RMB, and plans to actively pursue orders from other storage and logic manufacturers [2][6] Product and Financial Performance - The gross margin for existing storage clients is low, but under normal pricing conditions, it can exceed 40% to 50%. As domestic production increases, gross margins and net profit levels are expected to remain substantial [4][14] - The wafer carrier market is broad, with a monthly capacity of 50,000 wafers requiring 40,000 to 50,000 FOUPs, with an annual loss rate of 10%-20%. Currently, domestic FOUP market share is 0%, but breakthroughs in large silicon wafers have been achieved, indicating significant future demand for Forcebee [7][8] Competitive Landscape - The photomask carrier market is primarily dominated by Taiwan's Jaden, with domestic market share below 2%. Jaden's revenue from photomask carriers accounts for 60% of its total, while wafer carriers account for 40% [8] - Changhong Technology aims to capture a share of the semiconductor supply chain, where leading companies typically hold over 70% of the market, while smaller firms account for 20%-30% [9] Future Growth and Strategy - The company anticipates significant growth in the semiconductor market over the next 1-2 years, driven by existing breakthroughs and new customer acquisitions [5][6] - There is a strong demand for domestic alternatives among clients, although execution challenges exist due to quality assurance concerns. Successful validation of domestic products could accelerate the overall replacement process [13] - The company is also expanding its medical segment, facing challenges in the European market but enhancing its position with international clients like Roche and Siemens [15] Operational Insights - The OA (Office Automation) segment remains stable, with new production lines in Vietnam expected to increase capacity by 30%-40% [16] - The company maintains a conservative outlook for overall performance, with specific targets set for stock incentive plans that do not account for semiconductor segment revenues [17] Strategic Focus - Future priorities include consolidating existing core businesses (OA and medical) to ensure stable revenue and cash flow, while accelerating the domestic wafer carrier process and expanding application clients in the semiconductor sector [19]

深圳市昌红科技股份有限公司 投资者关系活动记录表 编号：2025-003 | | □特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活动 | □媒体采访 □业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | □现场参观 | | | □√ 其他 | | 参与单位名称及 | 山西证券杜鹏程，国金证券周焕博，亚洲红马投资高鼎、陈一 | | | 鸣，国宝人寿邹斌，高毅资产王骊鹏，泰康资管刘勍等 10 名 | | 人员姓名 | 投资者。 | | 时间 | 2025 年 12 月 26 日 15:30-16:00 | | 地点 | 线上会议 | | 上市公司接待人 | 副总经理兼董事会秘书刘力；证券事务代表陈晓芬、程筱玥。 | | 员姓名 | | | | 一、介绍鼎龙蔚柏基本情况 | | | 鼎龙蔚柏在半导体生产领域主要为客户提供半导体晶圆载具 | | | 和洁净包装物等产品，致力于为半导体制程提供全方位、高精 | | | 度的承载、运输产品。目前在研产品包括 FOUP、FOSB、HWS、 | | | 光罩载具、超洁净桶等多款产品。 | | | 二、提问与交流 | | | 1、请 ...