Shanghai Iluvatar Corex

Linkage Technology disclosed its 2026 semi-annual report on the evening of August 26. In the first half of the year, it achieved operating revenue of 223 million yuan, up 43.45 percent year on year, setting a record high for the same period. Net profit attributable to the parent company was 23.4 million yuan, up 93.20 percent year on year. Net profit attributable to the parent company after deducting non-recurring items rose sharply by 155.19 percent year on year. The company plans to distribute a cash dividend of 1.8 yuan per 10 shares, tax included, to all shareholders. Revenue from the semiconductor automated testing system business grew 46.96 percent year on year, and the gross margin improved to 56.84 percent. The company launched the liquid-cooled digital AI SoC tester QT-9800EXA, breaking the monopoly of overseas manufacturers in the high-end testing field, and reached a strategic cooperation with Iluvatar CoreX. The first sales order has been delivered to a leading domestic automaker. In addition, the company acquired a 100 percent stake in Northstar Technologies Limited through Linkage Technology Hong Kong, filling a technology gap in memory testing equipment, and plans to subscribe 25 million yuan of its own funds to the Shengqi Intelligent Computing Industry Investment Fund, deepening its layout in the AI computing power sector.

The Hang Seng Index in Hong Kong edged up 25.55 points, or 0.10 percent, to close at 25,884.43 on the 31st, marking its fifth consecutive day of gains. At one point the index dipped into negative territory after China's July manufacturing and non-manufacturing PMI readings came in below market expectations, but buying in semiconductor-related shares underpinned the broader market and it recovered towards the close. A meeting of the Political Bureau of the Communist Party of China Central Committee indicated a policy direction of enhancing the effectiveness of fiscal and financial measures and considering and introducing effective additional countermeasures in a timely manner. By sector, semiconductor-related stocks were firm, with Tian Shu Zhi Xin up 12.8 percent, Ai Xin Yuan Zhi up 9.7 percent, and Chang Guang Chen Xin up 8.0 percent. On the other hand, resource-related shares were weak, with Heng Ding Industrial down 17.0 percent, Green Leader Holdings down 13.3 percent, and Hong Hai High-Tech Resources down 7.4 percent at the close.