Shanghai Hejing Estimates Q1 2025 Revenue at 280 Million Yuan, Up 12.45% YoY

Shanghai Hejing: Estimated Q1 Revenue of Approximately 280 Million Yuan, Up 12.45% YoY

Shanghai Hejing released its main operating results for Q1 2025 in the evening. The company estimated that its Q1 2025 revenue would be around 280 million yuan, up approximately 12.45% YoY and up around 6.06% QoQ. Recently, the downstream market demand in the semiconductor industry where the company operates has shown signs of recovery. In Q1, the company further implemented its differentiated strategy for 8-inch products, saw increased demand from 12-inch customers, and achieved sales growth, contributing to a favorable performance.