Shenzhen China Micro Semicon Co. Ltd. A

China Micro Semicon released its 2026 interim report, with net profit attributable to the parent company of 172 million yuan, up 98.48% from the same period last year. Total operating revenue was 726 million yuan, up 44.01% year on year, marking three consecutive years of growth. Net cash inflow from operating activities was 193 million yuan, up 27.87% year on year, marking four consecutive years of growth. The company's latest gross margin was 38.75%, up 5.49 percentage points year on year, marking three consecutive years of improvement. Latest return on equity was 5.32%, up 2.41 percentage points year on year. Diluted earnings per share were 0.43 yuan, up 95.45% year on year.

China Micro Semicon released its 2026 interim report, with net profit attributable to the parent company of 172 million yuan. Total operating revenue was 726 million yuan, and net cash inflow from operating activities was 193 million yuan. The latest asset-liability ratio was 14.84 percent, up 6.71 percentage points from the previous quarter and up 5.58 percentage points from the same period last year. The latest gross margin was 38.75 percent, the latest return on equity was 5.32 percent, and diluted earnings per share was 0.43 yuan. The company had 38,100 shareholders, and the top ten shareholders held 272 million shares, accounting for 68.03 percent of total share capital.

Pinzhun Laser announced it will list on the Shanghai Stock Exchange STAR Market on August 18, 2026, at an issue price of 186.88 yuan per share, making it the highest-priced new stock in China's A-share market this year. The company is publicly offering 10 million shares, with total share capital of 40 million shares after the offering. Revenue in 2025 was 418 million yuan and net profit was 151 million yuan. At the initial listing, unrestricted tradable shares total 7.6178 million shares, accounting for 19.04 percent of total share capital. Shengke Communications signed a sales contract for Ethernet switch chip products with its related party Shenzhen CECport Technologies, with an amount exceeding 50 percent of the company's audited revenue for the most recent fiscal year and exceeding 100 million yuan. It is a long-term contract with a performance period of more than one year, and revenue will be recognized in stages. China Micro Semicon released its 2026 semi-annual report, achieving operating revenue of 726 million yuan, up 44.01 percent year on year, and net profit attributable to shareholders of the listed company of 172 million yuan, up 98.48 percent year on year. China Union Holdings received a notice from FIRES, Canada's foreign investment review and economic security authority, stating that the company's investment in the Arizaro lithium salt lake project in Argentina may affect Canada's national security and may trigger further review. The company acquired 100 percent of Argentum Lithium S.A. for about 175 million US dollars and obtained an 80 percent interest in the project. There is uncertainty over whether the transaction will ultimately pass review.

Over the past week, STAR Market companies have been sending a flurry of positive signals. More than 30 companies announced new share buyback plans or progress updates, over 20 disclosed their 2026 half-year earnings forecasts with most reporting upbeat results, and several others signed major contracts or revealed R&D breakthroughs. The semiconductor supply chain is showing a cluster of strong performances. Puya Semiconductor expects first-half net profit attributable to the parent of about 825 million yuan, a more than 19-fold increase year-on-year. Dosilicon expects between 640 million and 680 million yuan, swinging from a loss to a profit. Yuanjie Technology expects net profit attributable to the parent of 600 million to 650 million yuan, up about 12-fold. Lianxun Instruments expects 510 million to 580 million yuan, up over 8-fold. Amlogic expects about 608 million yuan, up 22 percent. China Micro Semicon expects about 165 million yuan, up 91 percent, covering segments from memory and optical chips to SoCs. In biopharma, OPM Biosciences expects revenue of about 450 million yuan, up roughly 1.5 times, and net profit attributable to the parent of about 124 million yuan, up around 229 percent. In new energy and new materials, Minmetals New Energy and Oulai New Materials both expect to swing from losses to profits in net profit attributable to the parent. In the low-altitude economy, AVIC UAS expects revenue of 1.58 billion to 1.68 billion yuan, a more than 2.6-fold increase. On the buyback front, Montage Technology plans to repurchase 300 million to 600 million yuan worth of shares. Kingsoft Office has set a buyback cap of 500 million yuan and has already repurchased about 75 million yuan. Segway-Ninebot has cumulatively repurchased about 220 million yuan. Hoymiles Power Electronics' buyback ratio has exceeded 1 percent. Baimtec Material completed about 100 million yuan in buybacks using over-raised funds. Wasion Information completed 50 million yuan in buybacks. Controlling shareholders of Puya Semiconductor and Biwin Storage have proactively proposed buybacks. Market participants say the intensive buybacks and positive earnings forecasts reflect the growing quality of hard-tech companies and the accelerating release of industrial clustering effects.

China Micro Semicon issued an announcement, expecting to achieve net profit attributable to the parent of 165 million yuan in the first half of 2026, a year-on-year increase of about 90.82%. Net profit after deducting non-recurring gains and losses is expected to be 153 million yuan, a year-on-year increase of about 101.95%. The company stated that the significant growth in performance is mainly due to the continued explosion of global AI and computing power demand, and the steady recovery of MCU market demand, leading to the company's MCU market demand growth rate exceeding the production capacity growth rate, resulting in a relative shortage of production capacity, thereby driving up product shipment volumes and prices, and achieving double growth in revenue and profit.

China Micro Semicon disclosed its earnings forecast, expecting first-half 2026 revenue of 726 million yuan, up 44.06 percent year-on-year. Net profit attributable to the parent is expected to reach 165 million yuan, up 90.82 percent, while recurring net profit is seen at 153 million yuan, up 101.95 percent. The company said the sharp earnings growth mainly benefited from the continued explosion in global AI and computing power demand, which on one hand squeezed MCU production capacity and on the other drove MCU demand higher. Coupled with a steady recovery in market demand across consumer electronics, smart home appliances, industrial control, and automotive electronics, MCU market demand growth outpaced capacity growth, leading to a relative capacity shortage. Product shipments increased while prices rose, resulting in double growth in both revenue and profit.