ACM Research Shanghai Inc

ACM Research Shanghai released its 2026 semi-annual report, achieving operating revenue of 3.718 billion yuan, up 13.87 percent year-on-year. Net profit attributable to shareholders of the listed company was 989 million yuan, an increase of 42.14 percent year-on-year. Second-quarter net profit was 885 million yuan, a quarter-on-quarter surge of 748 percent from the 104 million yuan in the first quarter.

Cambricon released its 2026 half-year report, achieving operating revenue of 5.996 billion yuan, up 108.13% year-on-year, and net profit attributable to shareholders of the listed company of 2.311 billion yuan, up 122.61% year-on-year. The company said that demand in the AI computing power market is steadily rising, and it continues to deepen cooperation with leading enterprises in the finance and internet sectors by leveraging its core competitiveness in AI chips. As of the end of the period, prepayments stood at 2.914 billion yuan, up 291.37% year-on-year, and inventory book value was 8.248 billion yuan, up 66.83% year-on-year, accounting for 45.32% of total assets at period-end. In addition, SK Hynix announced it will build new wafer fabs in Yongin and Cheongju, South Korea, with a combined investment of about 54 trillion won, approximately 38.4 billion US dollars, to meet the growing demand for memory chips in the AI era. Biwin Storage's holding subsidiary Guangdong Xinchenghanqi plans to increase capital and expand shares by introducing external investors, with total financing in this round not exceeding 600 million yuan. Zhongjuxin's half-year 2026 net profit grew 72.75% year-on-year. Telink Semiconductor terminated the matter of issuing shares and paying cash to acquire 100% equity of Shanghai Panchip Microelectronics and raising supporting funds. ACM Research's first-half net profit rose 42.14% year-on-year. Focuslight Technologies plans a private placement to raise no more than 1.021 billion yuan for a high-end optical interconnect core optical component R&D and industrialization capacity building project. ST Hangtu and its actual controller Wang Yuxiang were placed on file by the CSRC for suspected illegal information disclosure. Aerospace Yuxing completed nearly 2 billion yuan in Series D financing, with its valuation exceeding 10 billion yuan, joining the ranks of commercial aerospace unicorns.

Data from PaiPaiWang shows that in June, 680 private equity firms conducted research on A-shares, covering 356 stocks across 28 Shenwan first-level industries, with a total of 1,506 research visits. The electronics sector alone accounted for 30% with 455 visits and 72 stocks, significantly ahead of other sectors such as machinery equipment, computers, electrical equipment, and basic chemicals. Among hundred-billion-yuan private equity firms, 45 firms conducted a total of 234 research visits, with Gaoyi Asset, Juming Investment, Danshui Quan, Hexie Huiyi Asset, and Panjing Investment ranking among the top ten in research frequency. TCL Technology and Crystal Optoelectronics each received 45 research visits, tying for second place, while ACM Research Shanghai led with an 88.61% monthly gain and attracted 22 institutional visits. Industry insiders note that growth-style managers allocated heavily to communications and semiconductors in the first half and reaped performance gains, while balanced-style managers also increased their holdings in tech stocks. Looking ahead, Danshui Quan believes the structural market will persist, Xingshi Investment highlights the need to watch for first-half earnings delivery, and Gao Yuncheng states that major global investment opportunities will revolve around AI infrastructure, semiconductors, and related areas.