ChangXin Technology reports RMB 150.31 billion in revenue for H1 2026, an increase of 873.64%.

ChainCatcher report: ChangXin Memory Technologies has released its interim report for 2026. For the first half of the year, revenue reached RMB 150.31 billion, an 873.64% year-over-year increase; net profit attributable to shareholders was RMB 77.605 billion, compared to a net loss of RMB 2.332 billion in the same period last year; net cash flow from operating activities amounted to RMB 131.156 billion, up 2,985.64% year-over-year; gross margin stood at 84.84%, with R&D investment of RMB 6.859 billion, accounting for 4.56% of revenue. As of the end of the reporting period, total assets were RMB 468.078 billion and net assets were RMB 270.749 billion. The company is the world’s fourth-largest and China’s largest DRAM IDM manufacturer, with products covering DDR5, LPDDR5/5X, and LPDDR6, and has partnered with leading clients including Alibaba Cloud, ByteDance, Tencent, Lenovo, Xiaomi, OPPO, and vivo. Its fifth-generation process technology platform is currently undergoing customer certification. As of June 30, the company holds 4,484 domestic patents and 3,400 overseas patents, with 7,491 R&D personnel, representing 33.42% of its workforce. The company has no controlling shareholder or actual controller; its largest shareholder, Qinghui Integrated Circuit, holds a 21.67% stake. The company listed on the STAR Market on July 27 at an issue price of RMB 8.66 per share, with its market capitalization exceeding RMB 3.5 trillion on its first trading day.