SCHMID Group Expands Manufacturing Footprint in China

Freudenstadt, Germany, June 9, 2026 - SCHMID Group N.V. (NASDAQ: SHMD), a global provider of advanced manufacturing solutions for the semiconductor and electronics industries, has announced the signing of a preliminary project letter of intent and investment framework agreement. The deal involves the establishment of a new, company-owned manufacturing campus in the Banfu Industrial Zone, Zhongshan, Guangdong Province, China.

The strategic investment is designed to consolidate SCHMID's existing production operations from two separate leased facilities into a single, optimized campus. This move is expected to nearly double the effective manufacturing capacity in China through improved layout efficiency, streamlined logistics, and increased operational space. The project aligns with the company's long-term In China for China strategy, aiming to better meet the demand for advanced wet-process equipment used in high-end electronic applications like IC substrates and AI server boards.

Investment and Project Highlights

• Total Investment: Approximately 11 million Euro covering land acquisition, construction, and infrastructure.
• Financing: Primarily through local Chinese bank financing with partial subsidies, secured by project assets.
• Operational Timeline: Construction is pending final land transfer and agreement; operations are anticipated to begin by mid-2027.
• Strategic Goals: The campus aims to reduce delivery times, enhance rapid project execution, and improve local support for the growing Chinese market.