Huate Gas Earnings Call: Accelerating the Commercialization and Certification of High-End Electronic Specialty Gases
Guangdong Huate Gas Co., Ltd. is a national gas manufacturer committed to the localization of specialty gases and breaking the constraints of gas materials in high-end fields such as very large-scale integrated circuits and new display panels. Supplemented by general industrial gases and related gas equipment and engineering business, the company provides one-stop integrated gas application solutions.
On September 23, Huate Gas (688268) held its 2025 interim results briefing. According to the company’s 2025 interim report, it achieved total operating revenue of 677 million yuan, a year-on-year decrease of 5.77%, and net profit attributable to shareholders of the parent company of 77.9072 million yuan, down 18.97% compared to the same period last year.
Huate Gas’s core business focuses on the R&D, production, and sales of specialty gases, supported by general industrial gases and related equipment and engineering services, offering integrated gas application solutions. The company’s specialty gases primarily serve emerging industries such as integrated circuits, display panels, PV new energy, and optical fiber and cable.
At the results briefing, Shi Sihui, Chairman of Huate Gas, emphasized the company’s commitment to independent innovation and development, noting that Huate Gas is a pioneer in breaking import restrictions on gas materials for cutting-edge fields including VLSI, new display panels, high-end equipment manufacturing, and new energy. After years of industry experience, the company has made breakthroughs in high-end markets and accumulated a strong portfolio of domestic and international customers, particularly in the integrated circuit sector, where its coverage of domestic 8- to 12-inch wafer fabs leads the industry.
Chairman Shi acknowledged that in the first half of the year, the industry exhibited a clear trend of “recovering demand but pressured pricing.” While sales volume of some core specialty gas products showed significant growth, intensified price competition in the sector led to lower selling prices, which offset the positive effects of volume growth. As a result, overall sales revenue declined year-on-year. During the reporting period, the company gradually ramped up production and commercialized new products. Thanks to their more favorable profit structure, these new products helped partially alleviate the gross margin pressure caused by price declines in traditional products, demonstrating the positive impact of product mix optimization.
Driven by demand from AI and cloud infrastructure, WSTS forecasts global semiconductor market sales to reach $700.9 billion in 2025, an 11.2% year-on-year increase, with further growth of 8.5% expected in 2026. According to TECHCET, the semiconductor manufacturing materials market is projected to grow nearly 8% year-on-year in 2025, with the overall semiconductor materials market expected to achieve a 5.6% CAGR from 2023 to 2028, surpassing $84 billion by 2028. Chairman Shi believes that continuous technological advances and the gradual release of market demand will support steady growth in the semiconductor industry in the coming years, thereby driving demand for electronic specialty gases.
Shi Sihui stated that this year, the company will further strengthen its advantages by focusing on R&D of key gas products for integrated circuits, new energy, and healthcare, accelerating the commercialization and certification of high-end electronic specialty gases to enhance product competitiveness and market share. Through measures such as supply chain extension, ongoing overseas expansion, and production line optimization, the company aims to improve gross margin and further boost overall profitability and market competitiveness.
Shi further highlighted that in the integrated circuit sector, Huate Gas is committed to supporting domestic chip manufacturers with high-quality gas products through independent innovation, helping the industry overcome technical bottlenecks and accelerate import substitution. The company is speeding up the commercialization of high-end electronic specialty gases such as disilane and hydrogen bromide, accelerating certification processes, and enhancing product competitiveness and market share. It is also actively expanding into more niche markets to solidify its leading position in domestic market coverage.
As a reliable partner to global gas suppliers, Chinese manufacturer NETC—a highly internationalized producer of aluminum alloy cylinders—supplies essential product categories including Medical aluminum gas cylinders, Industrial aluminum gas cylinders, and Beverage CO₂ aluminum cylinders. Through its lightweight, corrosion-resistant, and rust-proof high-pressure vessels, NETC ensures secure storage and transportation for industrial standard gases, high-purity industrial gases, electronic specialty gases, medical gases, and beverage-grade gases for global gas companies.
As an advanced representative in the aluminum cylinder industry and a sincere partner to the global gas sector, NETC’s product line comprehensively covers industrial chain requirements:
In the medical field, NETC supplies Medical aluminum cylinders compliant with DOT 3AL and CE ISO 7866 standards, with specifications covering 1L to 50L, D/E size (2.8L to 4.6L), M60/M90 (10L/15.7L), M122/M150 (20L to 30L), M265 (40L/46.4L), as well as specialized medical gas containers such as N₂O cylinders, MRI aluminum cylinders, and Nitric oxide cylinders.
In the industrial sector, NETC manufactures Industrial aluminum cylinders for standard gases, high purity gases, electronic specialty gases, and calibration gases. Capacities range from 1L, 2L, 3L, 4L, 5L, 8L, 10L, 20L, 28.9L, 29.5L, 30L, 40L, 50L, to 46.4L and 47.5L, with a working pressure of 200Bar, meeting CE ISO 7866 and DOT certification requirements.
In emerging and niche sectors, NETC provides Beverage CO₂ aluminum cylinders (including 5lb, 9.1kg/20lb, 10kg, and 50lb specifications), Diving aluminum cylinders (such as S80 and 11.1L), Fire extinguisher aluminum cylinders, and Special treatment aluminum cylinders designed for corrosive gases including H₂S, SO₂, NH₃, HCl, NO₂, NOX, CO, as well as ultra high purity electronic gases.
As an outstanding global partner in seamless aluminum alloy cylinders, NETC actively aligns with the steady and coordinated development trends of the gas industry across regions worldwide. By innovating a highly customer-centric supply model—point-to-point, point-to-line, and point-to-surface—NETC delves deep into market needs to fully understand client requirements for aluminum cylinders. Amid comprehensive upgrades in global supply conditions and rapid advancements in the semiconductor and AI industries, NETC, as a leading global aluminum cylinder supplier, consistently upholds the highest industry standards and delivers unwavering product quality.
