Eugene Technology reported Q1 2026 consolidated revenue of KRW 101.87 billion and operating profit of KRW 18.83 billion. The semiconductor equipment segment (LPCVD BlueJay, Plasma Albatross, ALD Harrier) contributed KRW 81.78 billion (80.3% of sales), while precursor materials for DRAM capacitors generated KRW 3.71 billion (3.6%) and other/merchandise sales KRW 16.39 billion (16.1%). Exports reached KRW 37.13 billion, accounting for 36.45% of total revenue, reflecting the company's continued diversification strategy. At the 26th AGM (March 27, 2026), shareholders approved amendments to the articles of incorporation including reclassification of outside directors as 'independent directors' under revised commercial law, changes to proxy voting procedures, and director liability limitations. The report contains limited financial detail as company overview, capital changes, and share count sections are deferred to the semi-annual/annual report per disclosure standards.
Full Translation
QUARTERLY REPORT
6.5
Eugene Technology Co., Ltd.
1
Y
135111-0051329
QUARTERLY REPORT (27th Fiscal Year)
Fiscal Year: From January 1, 2026 to March 31, 2026
To: Financial Services Commission / Korea Exchange
Submission Date: May 13, 2026
Submission Entity Type: Listed Company
Exemption Reason: None
Company Name: Eugene Technology Co., Ltd.
CEOs: Eom Pyeong-yong, Shin Seung-woo
Head Office: 42 Chugye-ro, Yangji-myeon, Cheoin-gu, Yongin-si, Gyeonggi-do
Phone: 031-323-5700
Website: http://www.eugenetech.co.kr
Responsible Officer: Lee Dong-il, Head of Finance Support Division
TABLE OF CONTENTS
[Confirmation by CEO, etc.]
CEO Confirmation (Quarterly Report)_20260513.jpg
I. COMPANY OVERVIEW
1. Company Overview - Not included in quarterly report per disclosure standards (to be included in semi-annual/annual report).
2. Company History - Not included per disclosure standards (to be included in annual report).
3. Capital Stock Changes - Not included per disclosure standards (to be included in annual report).
4. Total Number of Shares - Not included per disclosure standards (to be included in semi-annual/annual report).
5. Articles of Incorporation
A. History of Articles
The company amended portions of its articles of incorporation at the 26th Annual General Meeting (March 27, 2026).
Amendment Date | AGM | Key Changes | Reason
2024.03.29 | 24th AGM | Articles 13 (Shareholder Register Closure & Record Date), 14 (Convertible Bond Issuance), 15 (Bond with Warrants Issuance), 45 (Profit Dividend), 45-2 (Quarterly Dividend) | Deleted register suspension period; adjusted issuance scale; allowed board to set dividend record date separately from AGM voting record date; deleted dividend accrual date provisions.
2026.03.27 | 26th AGM | Articles 26 (Proxy Voting), 29 (Number of Directors and Auditors), 34-2 (Director Duties), 40-2 (Mitigation of Director Liability) | Allow proxy authorization via written or electronic document; reflect amended Commercial Act (renamed to 'independent directors' and changed ratio within board).
B. Business Purposes
(1) Current Business Purposes:
1. Semiconductor equipment, parts manufacturing/sales/import-export - Active
2. Semiconductor equipment and parts maintenance - Active
3. LCD equipment, parts manufacturing/sales/import-export - Inactive
4. LCD equipment, parts maintenance - Inactive
5. Real estate leasing - Active
6. All incidental businesses related to the above - Active
(2) Business Purpose Changes: No changes during the reporting period.
(3) Business Purpose Additions: No additions during the reporting period.
II. BUSINESS CONTENT
1. Business Overview
The company was founded in 2000 as a semiconductor equipment manufacturer. It provides equipment that forms thin films on semiconductor wafers via chemical reactions during the front-end wafer processing stage. Key products under development or completed in the semiconductor equipment segment include BlueJay™ (a Single Thermal LPCVD - Low Pressure Chemical Vapor Deposition System), which deposits particles formed by chemical reactions between reactant gases onto wafer surfaces to form insulating or conductive thin films. Additionally, the company developed Albatross™ (Plasma Treatment System) and supplied it to domestic device makers, as well as Harrier™ (Batch type ALD - Atomic Layer Deposition System). In the semiconductor materials segment, the company focuses on increasing sales of precursors used for high-k material thin film deposition for DRAM capacitors to domestic semiconductor device makers.
Q1 2026 consolidated financial results: Revenue KRW 101,874 million, Operating Profit KRW 18,834 million. Breakdown: Semiconductor equipment segment KRW 81,776 million; Semiconductor industrial gases & materials segment KRW 3,712 million; Other (merchandise sales etc.) KRW 16,386 million. Exports totaled KRW 37,132 million, representing 36.45% of total revenue. The company expects to sustain growth through technology competitiveness and a focus strategy on high-value-added and differentiated products, with continued mid-to-long-term efforts to diversify customers and expand product lineup.
2. Key Products and Services
A. Current Status of Key Products (Unit: KRW million)
Segment | Sales Type | Item | Specific Use | Major Brands | Q1 of 27th FY Revenue (Ratio)
Semiconductor Equipment | Product | LPCVD/Plasma/ALD | Semiconductor front-end equipment: deposits specific films (oxide, insulating, etc.) on wafers | BlueJay, Albatross, QXP | 81,776 (80.3%)
Semiconductor Industrial Gases / Materials | Product | Precursor | Chemicals used in thin film deposition during semiconductor front-end process | SP | 3,712 (3.6%)
Other | Other | Raw materials | Raw materials, etc. | - | 16,386 (16.1%)
Total: 101,874 (100%)
The company's core focus area, under development or completed and applied to semiconductor wafer manufacturing, is chemical vapor deposition (CVD) technology. CVD is a critical semiconductor manufacturing process in which particles formed through chemical reactions between reactant gases are deposited onto the wafer surface to form insulating or conductive films. The company supplies equipment that forms thin films on semiconductor wafers via chemical reactions during front-end wafer processing.
Front-end semiconductor materials refer to chemical materials related to the manufacturing process (lithography - deposition - etching). Among these, precursors used in the deposition process are the company's core focus, with various compounds used in manufacturing metal gates, capacitors, and electrode wiring. Precursors are introduced into reactors for CVD, ALD, etc., where they trigger chemical reactions to deposit thin films of the desired composition onto wafers. Their properties are so critical that they constrain the performance and design of deposition equipment, and their importance is increasing. The company has established integrated production capabilities from precursor material design through synthesis, purification, and distribution.
B. Price Trends of Key Products
The company's products take various forms depending on customer requirements, and prices vary based on the number of chambers attached. Because process characteristics and the number and types of chambers differ across generations, prices are not consistent across products.
3. Raw Materials and Production Facilities
A. Status of Key Raw Materials (As of March 31, 2026, Unit: KRW million)
Segment | Purchase Type | Item | Major Suppliers | Specific Use | Purchase Amount | Ratio
Semiconductor Equipment | Raw Material | Platform | Brooks, etc. | Wafer transfer device | 5,923 | 9.1%
| | Heater | Inabata, etc. | Chamber accessories (maintains wafer at high temperature) | 5,146 | 7.9%
| | Other | - | Semiconductor equipment manufacturing parts | 53,858 | 83.0%
Total: 64,927 | 100%
* The above represents Q1 2026 purchases of major raw materials on a K-IFRS separate basis. Raw materials used in the semiconductor equipment production process consist primarily of platforms, heaters, and other materials. The company's semiconductor equipment is produced 100% on a made-to-order basis, resulting in long lead times and raw material purchases driven by customer orders. Equipment specifications vary by order and customer requirements. Core raw material prices fluctuate based on order conditions and supply/demand circumstances at the time of purchase.
B. Price Trends of Key Raw Materials
The company's major... [Translation truncated]
Past performance does not guarantee future results. Small sample sizes may not be representative. For informational purposes only.