AAMI GROUP'S BUSINESS REVIEW AND PROSPECTS FOR THE FIRST HALF OF 2021
Since the carve out in January 2021, AAMI’s revenue breaks a new record in the first half of the year. At the same time, our booking, backlog, gross and net profit margin all have reached a historical new height.
Currently, the semiconductor industry is entering an exciting era of supply chain super cycle due to surge in demand of 5G, electrical vehicles, AIoT, cloud computer etc. We are excited with this super cycle because it has provided us with several valuable business opportunities.
The Group’s three major production plants consists of AMC, AMM, and AMA (under construction). Each exerts respective strengths that enables us to move towards the goal of becoming the Worlds #1 Leadframe Supplier. Our group continues to invest heavily in AMC and AMM in order to strengthen our competitiveness and capabilities. AMA is our new production plant based in Chuzhou, Anhui. The construction has started in early April and the main plant is about to be capped. The colleagues from other sides have supported and worked together to help AMA start production as planned. Empowered by the strong developments in the semiconductor market, we are confident in achieving new sales records and obtaining excellent performance in the near future.
I am especially grateful and appreciative to all colleagues for your support and dedication to the company. Your efforts have played a crucial part in our excellent performance in this period.
Everyone’s effort is vital in helping the company expand our production capacity, improve operational efficiency, increase productivity and serve our customers with top quality products. With everyone’s hard work and perseverance, I’m proud to announce that we have received various honours and awards from our strategic cooperative customers. On behalf of the management team in AAMI, we would like to express our deep gratitude to each and every one of you.
This year has been one of the most challenging year for everyone due to the evolving COVID-19 pandemic. We will continue to ensure that work environment is safe and secure as the well-being of employees and your family members has always been utmost importance to us. We wish everyone all the best and stay safe.
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