AAMI 2021 Review and Business Prospect
2021 is the first year of our AAMI Group's independent operation, and it is also a fruitful and prosperous year. Since our independent operation in 2021, AAMI Group has developed steadily and repeatedly achieved good results. The Group's revenue in 2021 has recorded a significant progress over 2020, and there has been a considerable growth in profit.
At present, the semiconductor industry is in the exciting era of the supply chain super cycle which chip demand is soaring and the supply is insufficient. While we are enjoying the huge business opportunities brought by the super cycle, we are also facing the pressure of on time shipments. The two production plants in the group, AMC and AMM are doing their best to satisfy customer needs. In the meantime, AMA which is under construction, as an important production plant of the group, it has been in the past 8 months started the groundbreaking in April last year, the topping of the main factory building in August, and the move in of first batch of equipment and successful pilot production in December.
We are proud of the pace, and these results are inseparable from the unity, cooperation and hard work of every stakeholder. The Management are grateful to all colleagues for their hard work and contribution, as well as we must thank every family member of the colleagues, our partners and government body for their support. We are adhere to the principle of "safety first, green environmental protection, focus on epidemic prevention, and quality priority" and make our best to ensure the AMA mass production run smoothly in the first quarter of 2022.
May the New Year bless everyone with good luck and prosperity. Let us hold on our group values, Make It Right, Make It Happen, Make It Better and Make It Together. Take the challenges in the new year, make the better performance in 2022 and bring AAMI reach another height, strive to be global number one lead frame supplier in terms of both financial and ESG performance!
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