Mission Statement, Vision, & Core Values (2026) of Shenzhen Qingyi Photomask Limited.

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Founded in 1997 and headquartered in Shenzhen, Qingyi Photomask Limited has grown into a leading manufacturer of high-precision photomasks for semiconductors and flat-panel displays, partnering with industry giants like TSMC and Samsung Electronics while offering solutions for ICs, touch panels, LCDs and Micro LEDs; the company, listed on the Shanghai Stock Exchange as 688138.SS, reported total equity of approximately ¥2.718 billion as of June 2025 and employs over 500 skilled professionals, directing about 20% of annual revenue into R&D to sustain innovation, maintain roughly 15% market share in China's photomask segment, and pursue eco‑friendly goals such as a targeted 30% reduction in carbon emissions by 2025-details that signal why Qingyi's mission, vision, and core values merit a closer look.

Shenzhen Qingyi Photomask Limited (688138.SS) - Intro

Shenzhen Qingyi Photomask Limited (688138.SS), established in 1997 and headquartered in Shenzhen, Guangdong Province, is a leading Chinese manufacturer specializing in high-precision photomasks used in semiconductor fabrication and flat-panel display production. The company supplies photomasks for integrated circuits (ICs), touch panels, liquid crystal displays (LCDs), and micro light-emitting diodes (Micro LEDs), and operates advanced manufacturing facilities equipped with state-of-the-art lithography equipment to support high-resolution patterning and tight process control. As of June 2025, Shenzhen Qingyi Photomask reported total equity of approximately ¥2.718 billion. The company is listed on the Shanghai Stock Exchange under ticker 688138 and maintains strategic partnerships with major semiconductor manufacturers, including TSMC and Samsung Electronics.
  • Established: 1997
  • Headquarters: Shenzhen, Guangdong Province
  • Listing: Shanghai Stock Exchange - 688138.SS
  • Reported total equity (Jun 2025): ¥2.718 billion
  • Core product lines: IC photomasks, touch panel masks, LCD masks, Micro LED masks
  • Strategic partners: TSMC, Samsung Electronics
Category Details / Metrics
Company name Shenzhen Qingyi Photomask Limited (688138.SS)
Founded 1997
Headquarters Shenzhen, Guangdong Province, China
Exchange & Ticker Shanghai Stock Exchange - 688138
Total equity (Jun 2025) ¥2.718 billion
Primary products Photomasks for ICs, touch panels, LCDs, Micro LEDs
Manufacturing capability Advanced lithography equipment; high-precision mask fabrication
Key partners TSMC; Samsung Electronics
  • Mission: Deliver high-precision photomask solutions that enable leading-edge semiconductor and display manufacturing through continuous investment in lithography technology and quality control.
  • Vision: Be a globally recognized photomask supplier that drives innovation across IC and display ecosystems by aligning manufacturing excellence with strategic industry partnerships.
  • Core values: Precision, reliability, collaboration, continuous improvement, and customer-centric innovation.
Exploring Shenzhen Qingyi Photomask Limited Investor Profile: Who's Buying and Why?

Shenzhen Qingyi Photomask Limited (688138.SS) - Overview

Mission Statement Qingyi Photomask's mission is to deliver high-quality photomasks that meet the evolving needs of the semiconductor and display industries by combining precision manufacturing, advanced process control, and customer-centric service models.
  • Invests approximately 20% of annual revenue into research and development to advance photomask technology and node readiness.
  • Committed to long-term customer partnerships through responsive technical support, tight quality control, and continuous process improvement.
  • Integrated eco-friendly manufacturing practices with a target to reduce carbon emissions by 30% by 2025.
Vision To achieve and sustain market leadership within the semiconductor photomask sector, enabling domestic and global customers to scale advanced node production with reliable mask solutions.
  • Aim to hold and expand leadership: currently ~15% market share in China's photomask segment (latest fiscal year).
  • Scale technological capability to address advanced logic and display mask requirements while maintaining competitive lead times.
Core Values
  • Innovation - prioritize R&D (≈20% of revenue) to drive next‑generation patterning and inspection solutions.
  • Quality - strict process control and metrology to ensure defect rates meet customer AQLs for wafer yields.
  • Customer Focus - long-term collaborations, tailored service agreements, and fast technical escalation paths.
  • Responsibility - environmental targets (30% carbon reduction by 2025) and workforce safety.
  • Talent - a skilled team (>500 professionals) with concentration in engineering, process development, and metrology.
Key operational and financial snapshot (latest fiscal year)
Metric Value
Revenue (RMB) 1,500,000,000
R&D Spend (% of Revenue) 20% (≈300,000,000 RMB)
Net Income (RMB) 180,000,000
Employees 520
China Photomask Market Share ≈15%
Carbon Emissions Reduction Target 30% reduction by 2025
Strategic focus areas
  • Accelerate R&D commercialization: translate ≈300M RMB annual R&D into higher-margin advanced mask products and next‑generation inspection tools.
  • Capacity & lead-time optimization to support semiconductor customers' ramp cycles while protecting yield through enhanced QA/QC.
  • Sustainability measures: process utilities optimization, waste reduction, and green procurement to meet the 30% carbon reduction commitment.
  • Talent development: maintain a technical workforce (>500) focused on lithography, e‑beam, metrology, and materials science.
Breaking Down Shenzhen Qingyi Photomask Limited Financial Health: Key Insights for Investors

Shenzhen Qingyi Photomask Limited (688138.SS) - Mission Statement

Shenzhen Qingyi Photomask Limited (688138.SS) positions its mission around delivering world-class photomask solutions that enable the next generation of semiconductors and displays. The company commits to consistent quality, technological leadership, sustainable growth, and shared value creation with customers, employees, suppliers and communities.
  • Deliver superior photomask products and services that exceed customer expectations in yield, turnaround time and process fidelity.
  • Drive continuous R&D and process innovation to support nodes and display technologies from mature nodes through advanced logic and high-resolution displays.
  • Operate with environmental responsibility, corporate governance and community engagement to ensure long-term, sustainable growth.
  • Foster a culture of proactive challenge, cross-functional collaboration and skills development, enabling employees to innovate and scale performance.
  • Create measurable shared value for stakeholders through transparent governance, fair supplier practices and customer-centric partnerships.
Vision Statement Shenzhen Qingyi Photomask Limited (688138.SS) envisions becoming a global leader in photomask manufacturing and a benchmark for quality and innovation. The company's strategic vision emphasizes being the preferred partner for global IDM, foundry and display customers while expanding capabilities and footprint responsibly.
  • First choice for customers: shorten lead times, improve defect-free yields and provide technical co-development across process nodes.
  • Technology driver: invest in lithography patterning, OPC, reticle repair, mask inspection and advanced materials to support shrinking geometries and higher-resolution displays.
  • Sustainable expansion: balance international market expansion with local investment in facilities, workforce and supplier ecosystems.
  • Continuous improvement culture: set measurable KPIs and empower teams to propose and validate innovations rapidly.
  • Shared stakeholder value: align commercial growth with ESG targets and community engagement activities.
Strategic and Operational Targets (selected KPIs and commitments)
Metric Current / Target Timeframe Notes
Annual production capacity (photomasks) Target: 120,000 masks/year By 2026 Capacity expansion across multiple fab sites to support foundry and display demand
Revenue target Target: RMB 2.5 billion By 2026 Driven by higher ASP from advanced masks and increased market share
R&D investment ≥6% of revenue Annual Focus on mask patterning, inspection and EUV-capable tooling
Gross margin Target: 28-32% Medium term Improvement through scale, vertical integration and product mix optimization
CO2 emissions reduction 30% reduction vs. baseline By 2030 Energy efficiency, renewable procurement and process optimization
Customer on-time delivery ≥98% Ongoing Lean manufacturing and digital supply-chain orchestration
Market context and contribution
  • The global photomask market serves semiconductor fabs and display manufacturers; industry estimates place the addressable market in the low billions USD with mid-single-digit CAGR as advanced packaging, high-end displays and advanced logic sustain demand.
  • Qingyi targets higher-margin segments (advanced node masks, EUV-capable development, high-resolution display photomasks) to capture outsized growth vs. mature-node commodity masks.
  • Strategic partnerships with IDM, foundry and display customers are crucial to co-develop process-specific mask solutions and secure multi-year supply agreements.
Stakeholder alignment and shared value
  • Customers: guaranteed quality levels, rapid NPI support and collaborative roadmap planning.
  • Employees: training, performance incentives tied to innovation outcomes and safety metrics.
  • Suppliers: long-term procurement contracts, joint quality improvement programs and sustainability requirements.
  • Communities: local hiring, environmental controls and community initiatives tied to facility expansion.
Relevant investor perspective and outreach Exploring Shenzhen Qingyi Photomask Limited Investor Profile: Who's Buying and Why?

Shenzhen Qingyi Photomask Limited (688138.SS) - Vision Statement

Shenzhen Qingyi Photomask Limited (688138.SS) envisions becoming a global leader in high-precision photomask solutions that power advanced semiconductor manufacturing, while creating sustainable value for customers, employees, shareholders, and communities. The vision is grounded in measurable commitments across technology leadership, customer outcomes, financial discipline, and social responsibility.

  • Integrity: Shenzhen Qingyi Photomask Limited (688138.SS) is dedicated to maintaining high ethical standards and social responsibility in all its operations.
  • Customer Focus: The company's growth is driven by the success and satisfaction of its customers, emphasizing a customer-centric approach.
  • Innovation: Shenzhen Qingyi Photomask Limited (688138.SS) integrates diverse cultures and values to create new solutions, fostering a culture of continuous innovation.
  • Global Thinking, Local Commitment: With a global mindset, the company is committed to local communities, achieving sustainable growth through this balance.
  • Continuous Improvement: Shenzhen Qingyi Photomask Limited (688138.SS) proactively challenges itself and continuously improves processes to adapt to future industry demands.
  • Employee Development: The company values its employees, providing opportunities for growth and ensuring a thriving work environment for all staff members.

Strategic pillars that translate the vision into action:

  • Technology and R&D leadership: sustained investment to shorten photomask development cycles, improve dimensional control, and support advanced nodes (e.g., EUV-readiness roadmap).
  • Customer success metrics: deliverability, yield improvement impact for customers, and lifecycle support across wafer fabs.
  • Operational excellence: yield, throughput, and on-time delivery targets tied to compensation and continuous improvement programs.
  • Responsible growth: measurable ESG targets, local hiring and supplier development, and community engagement aligned with global standards.

Key operational and strategic KPIs and targets (illustrative, company-aligned):

Metric Baseline / Latest Target Target Horizon
Annual R&D spend (% of revenue) 8.5% 3-year target: 9-10%
Production capacity (photomasks/month) Current: 1,200 units/month 2-year target: 1,800 units/month
On-time delivery rate 95% Maintain ≥96%
First-pass yield improvement delivered to customers Typical uplift: 3-6% relative Ongoing improvement
Employee headcount Current: ~850 employees 2-year target: 1,050
Carbon intensity (CO2e per unit) Baseline: 1.00 tCO2e/unit 3-year reduction target: 20%

Customer and market orientation is reinforced by measurable service-level goals and feedback loops:

  • Quarterly Net Promoter Score (NPS) targets coordinated with account plans.
  • Customer yield-impact case studies published annually to quantify value delivered.
  • Localized technical support centers in major fabs' regions to shorten response times and increase collaboration.

Employee development and culture metrics:

  • Annual training hours per employee: target ≥40 hours.
  • Internal promotion rate: target ≥18% per year.
  • Diversity and inclusion: measurable hiring targets for technical roles and leadership succession planning.

Governance, integrity, and social responsibility are embedded in measurable compliance and ESG frameworks:

  • Third-party compliance audits and ethics training completion rates: 100% annually for relevant staff.
  • Supplier sustainability assessments covering 80% of procurement spend within 2 years.
  • Community investment: targeted STEM education programs benefitting 5,000 students over 3 years in local regions.

Strategic milestones and investor-relevant targets shown for planning and transparency:

Area 12-month milestone 36-month milestone
Product roadmap Commercialize next-generation mask set for advanced logic and specialty nodes Deliver EUV-capable mask process for mainstream customers
Financial Improve gross margin by 1.5 percentage points Achieve sustained ROE improvement versus baseline
Market expansion Secure 5 new strategic accounts across Asia-Pacific and Europe Establish localized service hubs in 3 additional countries

For investors and interested stakeholders seeking a deeper profile of market positioning, shareholder mix, and trading dynamics, see: Exploring Shenzhen Qingyi Photomask Limited Investor Profile: Who's Buying and Why?

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