AXT Announces Jia-Bin Duh Appointed to AXT, Inc. Board of Directors

A leading manufacturer of compound semiconductor wafer substrates, today announced that Jia-Bin Duh has been appointed to the AXT Board of Directors, effective July 16, 2026. The AXT Board expanded to six directors from the previous number of five.

Duh brings more than 30 years of senior executive leadership and investor experience across the technology and consumer sectors, with deep expertise in international business operations, strategic growth, and Greater China markets. Throughout his career, he has held senior leadership positions at several leading technology companies, including Hewlett-Packard, Microsoft, and Cisco Systems, where he led business expansion and operations throughout China. His executive experience operating in the region, together with his understanding of its commercial and regulatory environment, will provide valuable perspective as AXT continues to grow its global business and support the long-term success of Tongmei, the Company’s subsidiary in China.

Duh currently serves as Director of Primax Electronics Ltd. (TPE: 4915), a position he has held since 2021, where he also served as Chairman and Chief Executive Officer from 2023-2024. Duh has also served as Chairman of Mobinnova Corp. from 2006-2009. Throughout his career, Duh held top leadership positions at major multinational corporations including serving as President of Cisco Systems China from 1998 to 2005 and Corporate Vice President of Cisco Systems Inc., and as President of Microsoft China from 1993 to 1998. Duh has served as an independent director of Wangfujing International Group Ltd. (SHA 600859) from 2016-2019, IDT International Limited (HK: 0167) from 2015-2018 and Huizhou Tymphany Acoustics Technology Ltd. Duh received a Bachelor of Science degree in Control Engineering from National Chiao Tung University, a Master of Business Administration from the Kellogg School of Management at Northwestern University and a Master of Business Administration from the Hong Kong University of Science and Technology.

“We are pleased to welcome Jia-Bin to the AXT Board of Directors,” said Morris Young, chief executive officer. “Jia-Bin brings exceptional leadership experience gained from building and leading businesses across Greater China for some of the world’s premier technology companies. His deep understanding of the Chinese business environment, strong relationships across both the public and private sectors, and extensive public company board experience will be invaluable as we continue to execute our long-term growth strategy and expand our global leadership in compound semiconductor substrates.”

About AXT, Inc.

AXT is a material science company that develops and manufactures high-performance compound and single element semiconductor substrate wafers comprising indium phosphide (InP), gallium arsenide (GaAs) and germanium (Ge). The company’s substrate wafers are used when a typical silicon substrate wafer cannot meet the performance requirements of a semiconductor or optoelectronic device. End markets include AI/data center connectivity, 5G infrastructure, passive optical networks, LED lighting, lasers, sensors, power amplifiers for wireless devices and satellite solar cells. AXT’s worldwide headquarters are in Fremont, California where the company maintains sales, administration and customer service functions. AXT has its Asia headquarters in Beijing, China and manufacturing facilities in three separate locations in China. In addition, as part of its supply chain strategy, the company has partial ownership in over ten companies in China producing raw materials for its manufacturing process. For more information, see AXT’s website at https://investors.axt.com.

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