Tuojing Technology's first-half net profit surges 1,324% year on year; Lante Optics up 163.21%

After market close on September 18, Kingsemi announced that shareholder Liaoning Kefa Industrial Co., Ltd., which holds more than 5% of the company, intends to carry out an inquiry-based transfer of pre-IPO shares totaling 2.021 million shares, representing 1.00% of the company's total share capital, citing its own capital needs. Liaoning Kefa currently holds 21,315,832 shares, or 10.55% of total share capital, making it the company's second-largest shareholder, behind only NAURA Technology Group Co., Ltd. at 17.84%. The transfer is being organized by CITIC Securities Co., Ltd., with a minimum transfer price of no less than 70% of the average stock trading price over the 20 trading days before September 18, 2026. Transferees must be institutional investors and may not transfer the shares within six months of acquisition. Based on a rough estimate using the September 18 closing price of 363.98 yuan per share, the corresponding market value is approximately 736 million yuan. Just over a month earlier, company directors and senior executives Zhang Xinchao, Wang Mingbo, Cheng Hu, and Liu Shujie had announced reduction plans to sell no more than 63,093 shares in total. As of September 18, Kingsemi's share price had risen 145.09% year-to-date. In the first half of 2026, the company achieved operating revenue of 897 million yuan, up 26.47% year-on-year, while net profit attributable to shareholders of the listed company was 8.0622 million yuan, down 49.37% year-on-year.

Applied Materials is committing $5 billion over a decade to India's semiconductor push, a bet on research, suppliers and talent that Reuters reported Thursday. The spending plan works out to roughly $500 million a year and targets the infrastructure India still needs to become a serious chip-manufacturing hub. India expects semiconductor consumption to reach $110 billion by 2030, up from roughly $45 billion to $50 billion in 2025, but only three packaging plants are operating and a large-scale fabrication ecosystem has yet to fully emerge. For Applied, the annualized commitment equals only about 1.4% of revenue based on its record $9.12 billion quarterly sales, leaving room to build an early position without letting India dominate capital allocation. The shares traded around $416.40, up roughly 0.3%, and GuruFocus data shows the market price sitting 68.39% above GF Value of $247.28.