Piotech Inc. (688072.SH) expects revenue for the year 2024 to be between 4 billion and 4.2 billion yuan, an increase of 47.88% to 55.27% year-on-year.

Piotech Inc. (688072.SH) announced that the company expects to achieve operating income of 4 to 4.2 billion yuan in 2024, an increase of 1.295 to 1.495 billion yuan compared to the same period last year, representing a year-on-year growth of 47.88% to 55.27%. Taking advantage of the rapid development of the domestic integrated circuit industry, as a leading enterprise in the domestic high-end semiconductor equipment field, the company will continue to focus on the independent research and development and industrialization of thin film deposition equipment and hybrid bonding equipment. With core competitive advantages in product technology innovation, customer resources, and after-sales service, the company's production scale of series products such as PECVD, ALD, SACVD, HDPCVD, high aspect ratio trench filling CVD (FlowableCVD), and hybrid bonding equipment continues to expand, continuously obtaining customer orders, and the company's business scale is showing a rapid growth trend. In 2024, the company shipped over 1,000 equipment reaction chambers, achieving a new historical annual record for the company.