Profitelligence Profitelligence · Filing Ledger Open AXTI research →

Form 8-K · Current Report · Filed 2025-06-11

Beijing Tongmei Xtal Technology Resumes Shipping of Indium Phosphide Substrates

On June 11, 2025, Beijing Tongmei Xtal Technology, a subsidiary of AXT, Inc., received its initial export permits from the Ministry of Commerce of the People's Republic of China, enabling the resumption of shipping indium phosphide substrates to certain customers.

Filer
Axt, Inc. AXTI · NASDAQ
Filed
Accession
0001437749-25-020087
CIK
0001051627
Signal
Low impactTechnology

Details

This follows export controls imposed on items related to tungsten, tellurium, bismuth, molybdenum, and indium on February 4, 2025.

Items reported

Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$1.94

Next session

+21.1%

Since filing

+3014.9%

Latest close

$60.43

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from AXTI reporting the same item, with the next session's move:

About Axt, Inc.

Axt, Inc. is a leading producer of high-performance compound semiconductor substrates. These substrates, such as gallium arsenide (GaAs), enable the efficient functioning of a diverse range of electronic and optoelectronic devices. Axt, Inc. plays a crucial role in enhancing the performance of high-frequency, high-power, and optically sensitive applications. The primary use of these substrates is found in industries like telecommunications, light-emitting diodes (LEDs), and solar cells. With its production facilities located primarily in China, Axt, Inc. serves a global market, catering to technology companies that require high-quality semiconductor materials. Through its extensive research and development initiatives, the company continually innovates to meet the growing demand for substrate materials that support advanced technology products. As a significant provider in the semiconductor supply chain, Axt, Inc. contributes to the advancement of next-generation technologies, supporting sectors that are critical to modern electronics and renewable energy solutions.

Exchange NASDAQ Industry Semiconductor Equipment & Materials Company website ↗

Never miss another AXTI filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts