On December 13^th, 2023, the “Tongji Case Day: Visit to Advanced Micro-Fabrication Equipment Inc. China (AMEC)” event was successfully held. Professor SHI Qian, Secretary of the Party Committee of Tongji SEM; HUANG Qingfeng, former President of Shanghai ZPMC; Professor LI Ruicheng, Vice President of SAP Global and Dean of SAP China Research Institute; Professor SONG Hua, Vice Dean of Business School of Renmin University of China; Dr. LU Feng, General Manager of Anhui Boyi Laser Technology Co., Ltd., Ms. YANG Xun, Senior Executive Vice President and Secretary of the Board of Directors of Anji Microelectronics Technology (Shanghai) Co., Ltd., Mr. JIANG Hongliang, Special Assistant to the Chairman of Shanghai Betone Semiconductor Energy Technology Co., Ltd., Dr. ZHANG Wenqing, General Manager of Beijing Microchip Technology Co., Ltd., Mr. LU Wangping, Supply Chain Director of Shanghai GTA Semiconductor Co., Ltd., Mr. GONGXi, Head of Semiconductor Industry Alliance of Tongji University and General Manager of Great Wall Capital Shanghai Office; Ms. ZHANG Peiying, Vice President of AOS Semiconductor Company; Associate Professor CHENG Guoping, Associate Dean of the School of Tongji SEM and Director of the Professional Degree Center, MBA/EMBA Center; Associate Professor XU Jingyue, Director of China Social Science Case Center, Renmin University of China and Director of Renmin University Business School Case Center Associate; Professor CHEN Xun, Director of the Career Development Center at the Tongji SEM; Associate Professor ZHONG Jing, Associate Professor at the Tongji SEM; Mr. LI Qinghai, Head of the Case Center; More than 50 Tongji MBA/EMBA, academic master and doctoral students participated in the event.

During their visit of the enterprise exhibition hall of AMEC, WANG Zhijun, general manager of the manufacturing cluster of AMEC, introduced the products of AMEC, the working principle and characteristics of AMEC’s equipments, the senior management personnel and core R & D personnel of the enterprise, and the authorized patents, and answered questions.

Professor SHI Qian, the Secretary of the Party Committee of the Tongji SEM, delivered the first speech. He expressed gratitude to the company and Chairman YIN Zhiyao for providing the opportunity to learn and communicate. Professor SHI Qian mentioned that the case center of the school organized and developed a case study about AMEC, which helped everyone gain a preliminary understanding of the company and its Chairman YIN.

Dr. YIN Zhiyao, the Founder, Chairman and General Manager of Advanced Micro-Fabrication Equipment Inc. China first welcomed the “Tongji Case Day” event. His report is divided into three parts, the strategic importance and situation of the semiconductor equipment industry, the development trend of the integrated circuit equipment market, and an overview of micro and medium companies as well as the concept of enterprise development.

YIN Zhiyao

Around the globe, the semiconductor equipment industry has a market size of about $100 billion, which supports the semiconductor chip manufacturing of $1 trillion, chip manufacturing supports trillions of dollars of electronic systems, and then supports hundreds of thousands of dollars of digital industries, such as network e-commerce, media, artificial intelligence and so on. The semiconductor equipment industry is the cornerstone of the following industries. According to a research report, the digital industry will account for 41 per cent of global output in 2021, and YIN estimates that this proportion could reach 50 per cent by 2035.

Before the establishment of AMEC, Chairman YIN spent 20 years in Silicon Valley, USA, developing and introducing front-end equipment for integrated circuits. He has been a key driver in the international development and industrialization of plasma etch technology, having successfully participated in and led the development of more than half of the etch equipment in the international market. He holds more than 80 U.S. patents and is a principal inventor on more than 200 other U.S. and international patents.

Chairman YIN has worked for Intel, Applied Materials, and Lam Research in the United States, holding key leadership positions and building Applied Materials and Lam into technology and market leaders in semiconductor devices.

Advanced Micro-Fabrication Equipment Inc. China, was founded in 2004 by Dr. YIN Zhiyao. In the 2018 global evaluation of VLSI Research, Chairman YIN Zhiyao, Chairman of Intel and CEO of Grofand were selected as the top ten leading stars of the international semiconductor industry (All Stars) in 2018. In 2020, Chairman YIN Zhiyao was selected as one of the top 50 CEOs in China by Forbes China.

Since its establishment in 2004, AMEC has been committed to developing and providing internationally competitive high-end key equipment for micro-processing, and has become a leading company in the domestic high-end semiconductor equipment industry and a highly competitive star in the international micro-processing equipment industry.

From 2012 to 2022, AMEC has maintained a compound annual growth rate of more than 35% in operating profit for ten consecutive years. And the acceptance and sales of the company’s products in key customer markets have been steadily increasing, and the R&D of high-end processes is progressing smoothly. In the first three quarters of 2023, the company achieved operating income of 4.041 billion yuan, an increase of 32.8%; the net profit returned to the parent company was 1.16 billion yuan, an increase of 46.27%.

AMEC continues to enhance its comprehensive competitiveness and continuously improves its level in technological advancement, business development, performance growth, standardized management and other aspects, and the company’s comprehensive competitive advantage continues to be strengthened and expanded. AMEC’s devices can cover almost all application needs, including logic chips, flash memory, dynamic storage, special devices, etc. In 2023, AMEC’s per capita annual sales reached 3.5 million yuan, and the KPI of various operations was much higher than that of other domestic semiconductor equipment companies, reaching the level of the world’s leading semiconductor equipment companies.

“Tongji Case Day” is organized by Tongji SEM Case Center, co-organized by MBA/EMBA Center and Undergraduate and Doctoral Center. “Tongji Case Day: Visit to Enterprise” is the sub-brand activity of Tongji Case Day, which is the expansion and deepening of Tongji Case Day. Tongji Case Day has entered Germany Heraeus (Heraeus), Germany KNAUF Germany SAP China Research Institute, Shanghai ZPMC.