Dioo Microcircuits Co. Ltd. Jiangsu A

Dioo Microelectronics released its 2026 half-year report, posting a net profit attributable to shareholders of 139 million yuan for the first half, swinging from a loss a year earlier. Revenue came in at 229 million yuan, down 25.2 percent year on year. Net profit attributable to shareholders after deducting non-recurring items was a loss of 89.05 million yuan, widening from a loss of 23.84 million yuan in the same period last year. Net operating cash flow was negative 127 million yuan, a year-on-year decline of 612.6 percent. In the second quarter, net profit attributable to shareholders was 163 million yuan, compared with a loss of 16.6 million yuan a year earlier. The company's main business is the research, development and sale of analog integrated circuit products. During the reporting period, its product lineup exceeded 2,000 models, and it increased research and development investment in AI optical communications and AI edge devices.

Dioo Micro announced plans to repurchase shares through centralized bidding. The buyback amount will be no less than 30 million yuan and no more than 60 million yuan, with a maximum price of 50 yuan per share. The expected number of shares to be repurchased ranges from 600,000 to 1.2 million, accounting for 0.24 percent to 0.48 percent of total share capital. In the first quarter of 2026, the company achieved revenue of 105 million yuan and a net loss attributable to the parent company of 24.65 million yuan.

Dioo Micro's controlling shareholder, actual controller, and chairman Ju Jianhong has proposed that the company use excess proceeds from its initial public offering to repurchase shares. The total buyback amount will be no less than 30 million yuan and no more than 60 million yuan, with a repurchase price not exceeding 41.68 yuan per share. The repurchased shares will be used entirely for employee stock ownership plans or equity incentives. Based on a total share capital of 247.5 million shares, the estimated number of shares to be repurchased is approximately 719,800 to 1.44 million shares, accounting for 0.29 percent to 0.58 percent of total share capital. The buyback period is within 12 months from the date the board of directors approves the plan. Ju Jianhong has pledged to actively promote the buyback and vote in favor at the board meeting. The company stated it will promptly formulate a feasible plan and complete the approval process. Dioo Micro focuses on high-performance analog chips, with products covering two major series: signal chain and power management, totaling over 2,000 models. They are widely used in areas such as mobile phones, automobiles, and optical modules. Optical modules are a key focus area, with multiple products already shipping in volume and adopted by leading manufacturers.