Changzhou Galaxy Century Microelectronics Co Ltd

Galaxy Microelectronics announced on September 21 that the company plans to invest 1.078 billion yuan of its own or self-raised funds in the High-End Core Device Industrialization and Innovation Capability Construction Project. The project is a continuation of the previously disclosed Phase One Plant Construction Project for the High-End Integrated Circuit Discrete Device Industrialization Base, mainly involving renovation, equipment purchase and installation, production line commissioning, and customer verification on the basis of the Phase One plant. The project is expected to start on January 1, 2027, with a construction period of three years. In the first half of 2026, Galaxy Microelectronics achieved revenue of 611 million yuan and net profit attributable to the parent company of 48.26 million yuan.

On the evening of August 9, several computing power concept stocks released their 2026 half-year reports. Liyuan Information, a computing power stock with a market value in the tens of billions, saw its first-half net profit surge over 209% year-on-year, achieving a net profit attributable to the parent of 298 million yuan and revenue of 6.432 billion yuan, up 59.46% year-on-year. Domestic GPU leader Moore Threads reported revenue growth of over 147% to 1.736 billion yuan, already exceeding its full-year 2025 figure, while its net loss attributable to the parent narrowed by over 95%. Galaxy Microelectronics posted net profit growth of over 77% to 48.2585 million yuan, with revenue of 611 million yuan, up 28.28% year-on-year. Another computing power stock with a market value in the tens of billions, Talkweb Information, saw net profit decline over 12% to 69.222 million yuan, with revenue of 1.312 billion yuan, a slight increase of 0.39% year-on-year, and plans to distribute a cash dividend of 0.25 yuan per 10 shares.

Talkweb Information System released its 2026 semi-annual report, achieving operating revenue of 1.312 billion yuan, up 0.39% year-on-year, with net profit attributable to shareholders of the listed company at 69.222 million yuan, down 12.16% year-on-year. The company plans to distribute a cash dividend of 0.25 yuan for every 10 shares to all shareholders. As of the end of the reporting period, the company had over 30 products certified through OpenHarmony compatibility assessment, with related products in the market expansion and application stage. In other news, WuXi AppTec announced that a U.S. court has granted its preliminary injunction motion, shielding the company from immediate adverse impact while it challenges the U.S. Department of Defense's 1260H designation in judicial proceedings. Gaozheng Explosives' controlling shareholder is set to change to Tibet Geology and Mineral Resources Group. Ningxia Building Materials plans to repurchase shares worth 100 million to 200 million yuan for cancellation. Wuhan P&S Information Technology saw semi-annual net profit surge 209.5% year-on-year. Galaxy Microelectronics' semi-annual net profit rose 77.28% year-on-year. Hongte Technology plans to raise no more than 650 million yuan through a rights issue for its Thailand base and other projects. Tuoxin Pharmaceutical plans to raise no more than 228 million yuan through a private placement of shares. Biolight has terminated the planned change of control, and its shares and convertible bonds will resume trading on August 10. Huadong Medicine's wholly-owned subsidiary obtained EU MDR CE certification for its medical aesthetics product. Jumpcan Pharmaceutical's subsidiary obtained drug registration certificates for pediatric laxative granules and mesalazine sustained-release granules. Chinese Health's wholly-owned subsidiary had its drug registration application for ferrous succinate tablets accepted.

Galaxy Microelectronics released its 2026 half-year report, showing net profit attributable to the parent of 48.26 million yuan, up 77.3% year-on-year. Operating revenue was 611 million yuan, up 28.3% year-on-year. Net profit attributable to the parent after deducting non-recurring items was 41.52 million yuan, up 134.8% year-on-year. Net operating cash flow was 48.59 million yuan, up 162.2% year-on-year. Second-quarter net profit attributable to the parent was 29.95 million yuan, up 41.8% year-on-year. The company stated that the domestic semiconductor industry is in a phase of tackling high-end technology and accelerating domestic substitution, with significant demand growth in high-growth sectors such as new energy vehicles, photovoltaic energy storage, and industrial control, and it has successfully onboarded multiple high-quality customers.