Dinglong Shares Expects Net Profit for First Three Quarters of 2026 to Rise 62%-66% Year-on-Year

Nissan Chemical Corporation has approved the establishment of Nissan Chemical Semiconductor materials Zhangjiagang Co., Ltd. in Zhangjiagang City, Jiangsu Province, China, to manufacture and sell anti-reflective coatings and multilayer materials for semiconductors. The new subsidiary carries registered capital of RMB 210 million, or approximately ¥5.00 billion, with initial funding set for October 15, 2026. The move deepens Nissan Chemical's presence in China's semiconductor supply chain by placing production closer to key local customers and demand centers. The roughly ¥5.00 billion capacity build is a focused addition that supports existing guidance rather than reshaping it in the near term, though it tilts the risk mix toward China-specific factors such as local competition and policy or supply chain disruptions. The company's investment case continues to rest on turning specialty chemicals expertise into steady earnings and disciplined shareholder returns, supported by high returns on equity and an active dividend and buyback program.

Stifel initiated coverage of Entegris with a Buy rating and a $200 price target, about 21% above the stock's current price, citing the company's advanced materials as well-suited to leading-edge logic and memory devices that drive wafer capacity expansion. Analyst Brian Chin said in an investor note that the firm models Entegris entering a higher growth phase in 2027-28, with EPS growth of about 30% over that period, and sees the stock as undervalued at a PEG ratio below 0.85. Chin noted that a notable missing element of the current semiconductor upcycle has been growth in wafer output and volume, with average selling prices for memory and AI processors the principal driver so far, and that Entegris's growth off the bottom has come from higher fab utilization and capex-driven products that make up roughly 25% of sales. With advanced memory and logic fabs fully loaded and wafer fab equipment spending in those areas accelerating, Stifel projects wafer start growth to re-enter a sustained high-growth phase, estimating a roughly 9-10% CAGR for 2025-28 using semiconductor MSI shipments as a proxy, compared with negative 4% over the prior three-year horizon from 2022 to 2025. Entegris is slated to report third-quarter results on October 29, with consensus calling for adjusted earnings per share of $1.02 on revenue of $923.8M, versus EPS of $0.72 and revenue of $807.1M in the same quarter last year; the shares have nearly doubled year to date.

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.

SUSS MicroTec SE has entered the wafer-level cleaning market with the launch of its new GreenTec Solutions product line and its first system, the GT200. The company said the wafer-cleaning market it is targeting represents an addressable market of approximately EUR 5.4 billion, driven by advanced packaging, heterogeneous integration and rising semiconductor demand from AI and high-performance computing. The GT200 is designed for research and development, process qualification and production in 200 mm manufacturing environments for MEMS, RF, Power Device and CMOS applications, and combines the company's TurbulenStrip and CrustBuster process technologies in a single platform. SUSS said the GT200 is the first member of a scalable GreenTec platform and that it will expand toward high-volume manufacturing with a dedicated 300 mm HVM platform in 2027, pulled in from its original schedule due to strong customer interest, followed by a 200 mm HVM platform in 2028. Chief Executive Officer Burkhardt Frick called the launch an important milestone in the execution of the company's Ambition 2030 strategy, while Senior Vice President Photomask Solutions Yuta Nagai said the product line represents its vision for a next generation of semiconductor manufacturing where sustainability and process excellence go hand in hand.