Changxin Technology Reports Revenue of 150.31 Billion Yuan in First Half of 2026, Up 873.64% Year-on-Year

Changxin Technology released its semi-annual report for 2026, reporting a revenue of 150.31 billion yuan in the first half of the year, an increase of 873.64% year-on-year; net profit attributable to the parent company was 77.605 billion yuan, compared to a loss of 2.332 billion yuan in the same period last year; net cash flow from operating activities was 131.156 billion yuan, up 2985.64% year-on-year; gross margin was 84.84%, with R&D investment of 6.859 billion yuan, accounting for 4.56% of revenue. As of the end of the reporting period, total assets were 468.078 billion yuan, and net assets were 270.749 billion yuan. The company is the fourth largest DRAM IDM manufacturer globally and the largest in China, with products covering DDR5, LPDDR5/5X, LPDDR6, etc. It has collaborated with leading clients such as Alibaba Cloud, ByteDance, Tencent, Lenovo, Xiaomi, OPPO, and vivo, and is currently undergoing customer certification for its fifth-generation process technology platform. As of June 30, the company held a total of 4,484 domestic patents and 3,400 overseas patents, with 7,491 R&D personnel, accounting for 33.42% of its workforce. The largest shareholder, Qinghui Jidian, holds 21.67% of the shares. The company was listed on the STAR Market on July 27, with an issue price of 8.66 yuan per share, and its market value exceeded 350 billion yuan on the first day of trading.

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