Shanghai Fullhan Microelectronics Co Ltd

The latest monitoring data from third-party institution PaiPaiWang shows that as of July 31, the number of ten-billion-yuan securities private funds reached 157, an increase of 15 from 142 in June, setting a new record high. The State Council has approved in principle the annual forest logging quotas for key forest areas during the 15th Five-Year Plan period, as compiled by the National Forestry and Grassland Administration. The international standard ISO 19991:2026, Fusion technology — Experimental magnetic confinement fusion facilities — Ultrasonic molecular beam injection fueling technology for fusion devices, led by China, has been officially published. Data from the Ministry of Industry and Information Technology shows that in the first half of 2026, China's internet and related service enterprises above designated size achieved over one trillion yuan in internet business revenue. On the corporate front, InventisBio and Merck have signed a cooperation agreement to jointly advance the clinical development of small-molecule drugs in the oncology field. Nanda Optoelectronics has six ArF photoresist products that have passed customer verification and achieved sales, with the current 50-ton capacity not yet fully utilized. Fullhan Microelectronics supplies chips to humanoid robot companies and industrial robot companies. Yuanjie Technology plans to invest approximately 4.268 billion yuan to build a semiconductor technology industrial park project, expanding the production scale of high-end laser chips. Pengling Technology has made phased progress in the liquid cooling field, with energy storage liquid cooling business already delivering, and preliminary cooperation intentions reached in computing center and server liquid cooling. Yaben Chemical plans to raise no more than 841 million yuan through a private placement for innovative pharmaceutical CDMO projects. New Beiyang has won a bid for a project from China Post worth approximately 110 million yuan. Longsys has obtained a commitment letter for a 720 million yuan special stock repurchase loan. On the capital front, on August 11, the main funds in the Shanghai and Shenzhen markets saw a net outflow of 39.872 billion yuan. The auto parts, engineering consulting services, and communication equipment sectors saw the largest net inflows. The new stock Ultra Pure Materials surged 662.24% on its first trading day. The Dragon and Tiger List shows that three institutional seats made a combined net purchase of 767 million yuan.

Visual chip leader Fullhan Micro opened at its 20% daily limit up, trading at 67.48 yuan per share with a market cap of 15.7 billion yuan. The company expects first-half 2026 revenue of 1.4 billion to 1.5 billion yuan, up 103.48% to 118.01% year-on-year, and net profit attributable to shareholders of the listed company of 270 million to 350 million yuan, surging 1,072.72% to 1,420.19%. Second-quarter revenue and net profit both hit record quarterly highs.

The State Council executive meeting decided to approve four nuclear power projects, including the first phase of Liaoning Zhuanghe, totaling eight new units with an overall investment expected to surpass 170 billion yuan. The approved projects include the second phase of Zhejiang Jinqimen Nuclear Power, the third phase of Guangdong Taipingling Nuclear Power, the first phase of Liaoning Zhuanghe Nuclear Power, and the first phase of Shandong Laiyang Nuclear Power, all being the first batch of nuclear projects approved during the 15th Five-Year Plan period. A single domestically produced million-kilowatt third-generation nuclear unit requires an investment of about 20 billion yuan, and the 170 billion yuan direct investment can drive a total output of approximately 500 billion yuan across related industrial chains. China National Nuclear Power announced that its Liaoning Zhuanghe Units 1 and 2 and Zhejiang Jinqimen Units 3 and 4 have been approved, all adopting Hualong One technology. In other news, Amazon shares surged 15.2 percent, with cloud business revenue growth hitting an 18-quarter high; Fullhan Microelectronics expects first-half net profit to rise by 1,073 percent to 1,420 percent year-on-year; and stock ETFs saw a net inflow of nearly 480 billion yuan in July, setting a monthly record.

Fullhan Micro has released its 2026 half-year performance forecast, projecting attributable net profit of 270 million to 350 million yuan, a year-on-year increase of 1,072.72 percent to 1,420.19 percent. Both second-quarter revenue and attributable net profit reached record quarterly highs. The company said that global electronics industry storage prices have risen sharply, product prices have been raised, and all three major business segments have seen volume and price increases, with positive market feedback for AI-ISP chips. This week, 45 A-share stocks saw main force net inflows exceeding 300 million yuan, with CXMT topping the list at 34.569 billion yuan. Since its listing on the STAR Market on July 27, the stock has surged roughly fivefold. Electronic fabric-related companies China Jushi and International Composites also saw large net inflows, as electronic fabric prices continue to rise. GF Securities estimates that the supply-demand gap for ordinary electronic fabric in 2026 will be about 113 million meters. The optical module sector experienced heavy main force outflows, with Tongfu Microelectronics, Zhongji Innolight, and Eoptolink each seeing net outflows exceeding 5 billion yuan. Zhongji Innolight listed in Hong Kong this week, and the company disclosed that customer orders already cover the full year of 2026.

On the evening of July 31, several listed companies on the Shanghai and Shenzhen stock exchanges issued important positive announcements. Mentech Optical & Magnetic plans to issue shares to specific investors to raise no more than 1.283 billion yuan for projects including intelligent manufacturing of high-speed optical modules. Hongqiao Holdings plans a private placement to raise up to 12 billion yuan for wind power, photovoltaic, and aluminum deep processing projects. GigaDevice plans to repurchase shares worth 1 billion to 2 billion yuan and cancel them to reduce registered capital. Fullhan Microelectronics expects its net profit attributable to the parent company in the first half of 2026 to increase by 1,072.72% to 1,420.19% year-on-year. China National Nuclear Power's Liaoning Zhuanghe nuclear power project Units 1 and 2, and Zhejiang Jinqimen nuclear power project Units 3 and 4, have been approved by the State Council executive meeting. In addition, Southern Network Technology plans to acquire 100% equity of Yueneng Power for 445 million yuan, Shanghai Shineway plans to invest in the industrialization project of solid-liquid hybrid battery cells and solid electrolyte powder, and Inventronics announced that starting September 1, prices of some products will be raised by about 5% to 15% overall.