PhiChem Corporation provides high-performance materials solutions. Its offerings include UV curable materials such as optical fiber coatings, release liners, and UV coatings for plastics surface finishing, as well as semiconductor materials for integrated circuit manufacturing, wafer-level and chip-level packaging, and printed wiring board fabrication. The company also supplies display materials, including organic light emitting diode materials, liquid crystal materials, and photoresists, plus synthetic organic materials such as pharmaceutical intermediates and liquid crystal monomers. Formerly known as Shanghai Phichem Material Co., Ltd., it changed its name to PhiChem Corporation in July 2021; it was founded in 2002 and is based in Shanghai, China.
Phichem's controlling shareholder and concert parties cash out about 200 million yuan by reducing 5.68 million shares and terminate the reduction plan early
Phichem announced on September 30 that its board of directors had received a notification letter from the controlling shareholder Phichem Holdings and its concert party Zhang Yanxia. As of the disclosure date, the two had cumulatively reduced their holdings in the company by 5,680,075 shares and decided to terminate this share reduction plan ahead of schedule. Shares not yet sold under the plan will no longer be reduced within the remaining period. Based on the average reduction price disclosed in the announcement, the shareholders cashed out approximately 200 million yuan in total from this reduction. The company had pre-disclosed the reduction plan on June 10, 2026. Phichem Holdings and Zhang Yanxia originally planned to reduce their combined holdings by no more than 5,669,464 shares within three months starting 15 trading days after the pre-disclosure announcement, through block trades or centralized bidding, representing no more than 1.00 percent of total share capital. Because the registration of shares vested under the first归属 period of the 2025 restricted stock incentive plan was completed in June 2026, total share capital increased from 566,946,450 shares to 570,033,250 shares, and the planned reduction amount was correspondingly adjusted to no more than 5,700,332 shares, with the proportion of total share capital unchanged. On the same day, the board also received a notification letter from Phichem Holdings and its concert parties Zhang Justin Jicheng, Zhang Alan Jian, Zhang Yanxia, and Xia Shifeng stating that their equity change had reached 1 percent. From May 20, 2025 to September 29, 2026, the combined shareholding ratio of the above shareholders decreased from 22.00 percent to 20.79 percent. Phichem is mainly engaged in the research, development, production, and sales of electronic chemical materials. Its 2026 semi-annual report showed that during the reporting period it achieved total operating revenue of 1.722 billion yuan, up 17.79 percent year on year; net profit attributable to the parent company was 267 million yuan, up 23.20 percent year on year; non-GAAP net profit was 260 million yuan, up 47.19 percent year on year; and net cash flow from operating activities was 478 million yuan, up 101.81 percent year on year.
Critical Materials & Supply Chain › Process Chemicals & Photoresist Capital
300398.CS · Capital · Negative Controlling shareholder and concert parties sold 5.68 million shares for about 200 million yuan, reducing their stake from 22.00% to 20.79%.
Phichem's 2026 Interim Report: Three Core Segments Work in Tandem, Solder Ball Business Revenue in the Domestic Market Doubles
Phichem released its 2026 interim report on August 26. Leveraging the coordinated efforts of its three core segments—semiconductor, display, and UV-curable materials—the company achieved steady growth during the reporting period. Operating revenue reached 1.722 billion yuan, up 17.79 percent year on year. Net profit attributable to the parent company was 267 million yuan, up 23.20 percent. Non-GAAP net profit was 260 million yuan, up 47.19 percent, with the non-GAAP net margin rising to 15.08 percent. Display materials remained the largest revenue source at 824 million yuan, up 16.82 percent, with gross margin up 8.59 percentage points to 46.85 percent. Semiconductor materials revenue was 358 million yuan, up 8.17 percent, with solder ball revenue in the mainland China market up about 125 percent year on year. UV-curable materials revenue was 399 million yuan, up 29.84 percent. The company said the growth was driven mainly by advanced packaging demand from AI computing infrastructure and a recovery in the optical fiber and cable industry. Going forward, it will focus on customer certification progress and mass production scale for advanced semiconductor packaging materials.
Phichem's 2026 interim report shows net profit of 267 million yuan
Phichem released its 2026 interim report. Total operating revenue was 1.722 billion yuan, net profit attributable to the parent company was 267 million yuan, and net cash inflow from operating activities was 478 million yuan. The company's latest asset-liability ratio was 24.92%, gross margin was 40.74%, return on equity was 5.10%, and diluted earnings per share was 0.47 yuan. Total asset turnover was 0.24 times, and inventory turnover was 1.45 times, ranking 21st among disclosed peer companies. The number of shareholder accounts was 131,200, and the top ten shareholders held 172 million shares, accounting for 30.18% of total share capital.
Phichem's first-half net profit attributable to parent reaches 267 million yuan, up 23.2% year on year
Phichem released its 2026 half-year report, showing first-half net profit attributable to the parent of 267 million yuan, up 23.2% year on year. Operating revenue was 1.722 billion yuan, up 17.8% year on year. Net profit attributable to the parent after deducting non-recurring items was 260 million yuan, up 47.2% year on year. Net operating cash flow was 478 million yuan, up 101.8% year on year. Earnings per share were 0.47 yuan. In the second quarter, operating revenue was 850 million yuan, up 11.6% year on year, and net profit attributable to the parent was 136 million yuan, up 40.0% year on year. As of the end of the second quarter, total assets were 7.172 billion yuan, up 2.3% from the end of the previous year, and net assets attributable to the parent were 5.234 billion yuan, up 6.6% from the end of the previous year. The company said its main business structure remained stable, and it continued to focus on research and development of high-tech materials, especially in key semiconductor materials. Sales of wet electronic chemicals, EMC epoxy molding compounds, and solder balls grew, and its controlling subsidiary Kunshan Xingkai made notable achievements in the localization of packaging materials.
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