Yunnan Germanium's Indium Phosphide Substrate Order Lands, Industry Prosperity Continues to Be Validated

English summary

### Yunnan Germanium's Indium Phosphide Substrate Order Lands, Industry Prosperity Continues to Be Validated Time: 2026-07-29 16:39:55 Content: Event: The company announced that its subsidiary Yunnan Xinyao signed a supply agreement with a customer for indium phosphide substrate products. The estimated total contract amount ranges from RMB 570 million to RMB 860 million, with delivery scheduled from August 1, 2026 to December 31, 2027, in batches. This contract amount accounts for 53%-80% of the company's 2025 operating revenue. View reiteration: 1️⃣ The order scale is significant, and customer recognition is further confirmed. This single contract amount is significantly higher than the company's existing compound semiconductor business volume: in 2025, the company's overall operating revenue from compound semiconductor materials was RMB 138 million, and this contract amount is approximately 4.1-6.2 times that. …