China's DUV shock: the secretive Aishengna rattles ASML with US$1B state backing

<p class="P1" data-sourcepos="5:1-5:335;110-444">China's immersion DUV lithography programme has brought a little-known state-backed company into focus. Shanghai Aishengna Electronic Technology Group, founded in August 2023 with CNY7 billion (approx. US$1.03 billion) in registered capital, is reportedly coordinating limited production of domestically developed lithography systems.