Tianshui Huatian Technology Co Ltd

Huatian Technology released its 2026 interim report, with net profit attributable to the parent company of 813 million yuan. The company's total operating revenue was 10.511 billion yuan, and net cash flow from operating activities was 1.012 billion yuan, down 36.07% from the same period last year. The latest asset-liability ratio was 51.51%, gross margin was 14.34%, ROE was 4.28%, and diluted earnings per share was 0.25 yuan.

Huatian Technology disclosed its 2026 semi-annual report. In the first half of the year, it achieved operating revenue of 10.511 billion yuan, up 35.09% year on year, and net profit attributable to shareholders of the listed company of 813 million yuan, a sharp year-on-year increase of 259.15%. Second-quarter operating revenue was 5.711 billion yuan, a record high for a single quarter, with net profit of 727 million yuan. The company said the performance growth was mainly due to a recovery in semiconductor industry sentiment, rising demand in the packaging and testing market, and expanded scale of automotive electronics and memory packaging businesses. However, net profit after deducting non-recurring items was only 250 million yuan, with total non-recurring gains and losses of 563 million yuan. Among them, fair value changes and gains or losses from disposal of securities investments amounted to 487 million yuan, accounting for nearly half of total profit, mainly from investment income on holdings in stocks such as Huahai Chengke, Youxun, Huizhiwei, and JCET. The total number of shareholders increased from 402,658 at the end of the first quarter to 862,569, a rise of 114.22%. Overseas funds increased their positions overall, while two ETF products and the second phase of the National Integrated Circuit Industry Investment Fund reduced their holdings by more than 65.87 million shares in total.

Huatian Technology opened at its daily limit up on July 10, marking 4 boards in 3 days, with 2.45 billion yuan still queued on the buy side at the limit-up price. The advanced packaging concept strengthened again that day, with Essen shares and Shenkeda hitting new highs, Guide Infrared achieving 2 consecutive boards, and Shenzhen Kaifa Technology, Han's Laser, and Langdi Group rising in tandem. On the news front, a Sigmaintell report shows that demand for advanced packaging continues to grow strongly, with the supply gap extending to 2027. The global advanced packaging capacity supply-demand ratio in 2025 is about -23%, and it is expected that capacity will reach balance in the second half of 2027 and enter a moderate growth cycle.

On the morning of July 9, A-share memory chip concept stocks opened collectively higher. Huatian Technology quickly hit the daily limit, achieving three boards in two days. Lingxian Shares also surged to its daily limit, with its stock price reaching a record high. Domestic memory chip leader Changxin Technology released its STAR Market IPO prospectus, expecting to raise 29.5 billion yuan. Its prospectus forecasts net profit growth of 2,244.03 percent to 2,544.19 percent year-on-year in the first half of 2026. Meanwhile, amid renewed US-Iran tensions, international oil prices soared, and the entire oil industry chain strengthened. Tongyuan Petroleum briefly touched a 20 percent daily limit, and PetroChina rose for seven consecutive days.