Axt, Inc.
AXT, Inc. Appoints Tracy Liu to Board of Directors
Summary
AXT, Inc. announced on June 17, 2026, the appointment of Tracy Liu to its Board of Directors, expanding the Board from four to five members. Ms. Liu, with over 30 years of business advisory experience, tax strategy, and accounting, will serve as a Class II Director and independent director. She will also join the audit, compensation, and nominating and corporate governance committees. Ms. Liu's term will expire at the Company's annual meeting of stockholders in 2028. She will receive compensation under the Company's non-employee director policy, including an initial award of 2,500 shares of restricted stock and a prorated annual equity grant of 726 shares of restricted stock, both vesting on May 14, 2027. Ms. Liu currently serves as an independent director and Chair of the Audit Committee of ACM Research, Inc. and was the Chairperson of the Supervisory Board of ACM Shanghai until the STAR Market requirement for a supervisory board ended.
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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.
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