25 September 2025 | 12:59PM HKT Equity Research Anji Micro (688019.SS): CMP Slurry shipment ramp up on new applications and advanced solution; Neutral Anji Micro is expanding CMP slurry and wet chemical products towards advanced nodes, through collaboration with clients to enhance technology and provide customized solution. The company serves leading memory and logic to clients in the China market, with revenues from its top five clients accounting for 75%/ 71% of total revenues in 2024/1H25. With new produ ...