Dongjin Semichem Co (A005290) Investor presentation summary

Strategic highlights and growth initiatives

• Achieved domestic first mass production of EUV photoresist, breaking previous market monopoly and securing a leading position in advanced semiconductor materials.

• Expanded global presence with significant investment in a new Texas plant for thinner and high-purity sulfuric acid, targeting major foundry clients and benefiting from US supply chain policies.

• Diversified into green energy and next-generation battery materials, including CNT conductive agents and silicon anode materials for key customers.

• Pursuing aggressive global capacity expansion to meet rising demand, especially in the US and Europe.

• Focused on governance improvements and shareholder return policies to enhance transparency and market trust.

Core business and product portfolio

• Leads in semiconductor materials with top global share in KrF photoresist for 3D NAND and domestic leadership in thinners and anti-reflective coatings.

• Offers a comprehensive range of display materials, including organic insulating layers, photoresists, strippers, etchants, and OLED materials, supporting domestic industry competitiveness.

• Developed and commercialized key materials such as CMP slurry, hard masks, and high-purity sulfuric acid for advanced semiconductor processes.

• Supplies to major global clients across Asia, the US, and Europe, including leading semiconductor and display manufacturers.

Financial performance and structure

• 2025 sales projected at 1.19 trillion KRW, up 7.3% YoY, with operating profit down 1.7% and net profit down 35.9% due to increased costs and asset impairment.

• Sold 100% of Chinese subsidiaries with a 30% buyback clause, impacting reported earnings and reflecting discontinued operations.

• Maintains a strong financial structure with a debt ratio of 82% and a current ratio of 195% at 2025 year-end.