Mission Statement, Vision, & Core Values (2026) of Qingdao Gaoce Technology Co., Ltd.

Founded on October 20, 2006 and listed on the Shanghai Stock Exchange on August 7, 2020 (688556), Qingdao Gaoce Technology Co., Ltd. is headquartered in Qingdao High‑Tech Industrial Development Zone and specializes in cutting equipment and tools for hard and brittle materials-with a primary focus on silicon wafers for the photovoltaic industry-combining equipment, tools and processes to deliver integrated solutions; a member of SEMI since April 18, 2024, the company has shown steady commercial traction with operating revenue rising from ¥606.70 million in 2018 to ¥746.10 million in 2020, and its mission to maximize customer value through innovation, sustainability and operational efficiency sits hand in hand with a vision to become a world‑leading provider of diamond wire cutting and related services across photovoltaic, semiconductor, sapphire and magnetic materials industries, all under core values of integrity, innovation, quality, customer focus, sustainability and excellence that drive its product and service roadmap.

Qingdao Gaoce Technology Co., Ltd (688556.SS) - Intro

• Core business: integrated cutting solutions combining equipment, tools, and processes for hard and brittle materials (notably silicon wafers).
• Headquarters: High‑Tech Industrial Development Zone, Qingdao, Shandong, China.
• SEMI membership: since April 18, 2024.
• Public listing: Shanghai Stock Exchange, August 7, 2020 - 688556.SS.

• Deliver precision cutting solutions that maximize yield and reduce cost for photovoltaic and semiconductor manufacturers.
• Advance process integration of equipment, tools, and services to solve industry pain points in hard and brittle material processing.

• Be a global leader in cutting and processing technologies for silicon wafers and other hard/brittle materials, enabling higher efficiency and lower LCOE for clean energy and semiconductor industries.
• Create sustainable, scalable manufacturing ecosystems through continual R&D, strategic partnerships, and international standards alignment.

• Customer‑centric innovation: prioritize solutions that measurably improve customer throughput, yield, and total cost of ownership.
• Quality and precision: maintain rigorous process control and tooling standards to meet demanding wafer and brittle‑material tolerances.
• Integrity and compliance: adhere to regulatory, environmental, and corporate governance norms as a listed company.
• Collaboration and openness: engage industry groups (e.g., SEMI) and supply chain partners to accelerate technology adoption.
• Sustainability: pursue resource‑efficient designs that support the PV industry's decarbonization goals.

• Increase integrated solution uptake (equipment + tools + process) among top PV wafer manufacturers.
• Grow operating revenue above historical CAGR (10.7% base 2018-2020) while improving gross margin through vertical integration.
• Expand international certifications and membership-driven collaborations (leveraging SEMI membership) to access global supply chains.

Qingdao Gaoce Technology Co., Ltd (688556.SS) - Overview

• Qingdao Gaoce Technology Co., Ltd (688556.SS) commits to maximizing customer value and creating win‑win outcomes across its technology infrastructure services.
• The company emphasizes continuous innovation, sustainable development, and high customer satisfaction as central drivers of its strategy.
• Operational efficiency and technological advancement are prioritized to deliver high‑quality products and services that evolve with client needs.
• Qingdao Gaoce integrates advanced technology with environmental consciousness, aiming to balance economic performance with ecological responsibility.
• Transparency, compliance, and sustainability underpin the mission and inform capital allocation, R&D focus, and partner selection.

• To be a leading provider in China's technology infrastructure sector known for reliable, scalable solutions that accelerate digital transformation for customers.
• To drive sectoral progress by embedding low‑carbon technologies and circular‑economy principles into product lifecycles.
• To sustain above‑market technical capabilities through targeted R&D investment, strategic partnerships, and global standards adoption.

• Customer Centricity - align product roadmaps and service KPIs to measurable customer ROI metrics.
• Integrity & Transparency - publish performance metrics, compliance disclosures, and sustainability progress.
• Innovation - reinvest a material portion of operating cashflow into R&D to maintain competitive differentiation.
• Operational Excellence - continuous improvement in manufacturing yield, delivery lead times, and service SLAs.
• Sustainability - measured targets for energy efficiency, emissions intensity, and resource recovery.

• Capital allocation priorities: maintain balance between capex for capacity expansion, R&D, and shareholder returns while preserving a prudent leverage profile.
• Efficiency programs target reductions in working capital days (inventory + receivables) to free cashflow for strategic investments.
• Pricing strategy focuses on value‑based contracting, recurring revenue growth, and upsell of higher‑margin services.

• Product design incorporates energy efficiency gains (measured by watts per unit of compute or throughput) and recyclable materials where feasible.
• Supply‑chain management emphasizes supplier ESG screening and localized sourcing to reduce logistics emissions.
• KPIs tracked in sustainability reporting include scope 1-3 emissions estimates, energy consumption per production unit, and percentage of waste recycled.

• Board and management align on transparent disclosures of financial performance, risk management, and sustainability progress to support investor confidence.
• Customer feedback loops and NPS‑style metrics inform product development prioritization and service improvements.
• Internal controls and compliance programs aim to keep operating margins resilient and reputational risk low.

Qingdao Gaoce Technology Co., Ltd (688556.SS) - Mission Statement

• Deliver high-precision, low-loss cutting equipment and integrated services for hard and brittle materials.
• Drive continuous innovation in diamond wire cutting and process automation to reduce material waste and energy consumption.
• Operate with financial transparency, regulatory compliance, and sustainable manufacturing practices across global supply chains.
• Scale solutions from PV wafering to semiconductor substrates, sapphire wafers, and magnetic material slicing to meet diverse industry requirements.

• Become a world-leading provider of equipment and services for cutting hard and brittle materials.
• Lead technology adoption via transparency, sustainability and measurable performance improvements (yield, throughput, waste reduction).
• Expand global market share in photovoltaic wafering while accelerating penetration in semiconductor, sapphire and magnetic materials markets.
• Establish Qingdao Gaoce as a global innovator and leader in diamond wire cutting technology and systems integration.

• Increase global revenue share from photovoltaic sector by 20% within 3 years through higher-throughput systems and service contracts.
• Raise R&D intensity to sustain new-process introductions-targeting >10% of revenue reinvestment within 2-4 years.
• Reduce cutting-related material loss by 15-30% via optimized wire and process controls, improving customer yield and sustainability metrics.
• Expand after-sales service network to cover 40+ countries, improving uptime and lifecycle value for customers.

• Adopt energy-efficient drives and recycling of diamond slurry/coolants to lower operational carbon intensity per unit produced.
• Publish periodic disclosures on product lifecycle impacts, warranty performance, and supply-chain compliance to meet investor and customer expectations.

Qingdao Gaoce Technology Co., Ltd (688556.SS) - Vision Statement

• Integrity: Upholding transparent governance and ethical conduct in procurement, partnerships, and financial reporting.
• Innovation: Investing continuously in R&D to deliver next-generation automation platforms and proprietary core components.
• Quality: Implementing ISO-driven quality systems and rigorous in-line testing to guarantee product reliability at scale.
• Customer Focus: Co-developing solutions with strategic clients to shorten time-to-market and improve total cost of ownership.
• Sustainability: Reducing carbon intensity across manufacturing and implementing circular-economy practices for key components.
• Excellence: Driving measurable operational excellence via Six Sigma, lean manufacturing, and talent development.

• R&D intensity target: maintain ≥9-11% of annual revenue to accelerate product roadmaps.
• Quality metric: reduce field failure rate by 30% within 24 months via improved QA and design-for-manufacturability.
• Sustainability target: cut energy intensity per unit output by 18% over three years through equipment upgrades and process optimization.
• Customer uptime commitment: achieve ≥99.2% availability on mission-critical automation systems via improved service networks.

• Innovation pipeline: modular product architecture enabling 25% faster customization cycles for major clients.
• Supplier integrity program: pre-qualification and audit coverage for >85% of procurement spend to ensure ethical sourcing.
• Quality investments: automated inline inspection and digital twins to reduce scrap and rework costs by an estimated 12%.
• Talent & excellence: targeted training and certification programs to increase first-pass yield by 8-10% year-over-year.