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SUZHOU CENTEC COMMUNICATIONS LTD A

Suzhou Centec Communications Co., Ltd. researches, designs, and sells Ethernet switching chips and related products in China and internationally. Its offerings include Ethernet switch and Ethernet transceiver PHY silicon, Ethernet switches, and network operating systems. The company was formerly known as Centec Networks (Suzhou) Co., Ltd. and changed its name to Suzhou Centec Communications Co., Ltd. in June 2021. Founded in 2005, it is based in Suzhou, China.

Price · split & dividend adjusted
News & notes moving 688702.CG
China
688702.CG▼

Shengke Communication's 2026 interim report shows net loss narrowed to 17.5662 million yuan

Shengke Communication released its 2026 interim report, with total operating revenue of 671 million yuan, up 32.04% year-on-year, and net profit attributable to the parent company of negative 17.5662 million yuan, an increase of 6.1229 million yuan compared with the same period last year, marking a second consecutive year of narrowing losses. Net cash flow from operating activities was negative 327 million yuan, the asset-liability ratio was 10.02%, the gross margin was 43.97%, ROE was negative 0.78%, and earnings per share was negative 0.04 yuan. The company had 28,800 shareholders, and the top ten shareholders held 72.72% of the total share capital.
688702.CG · Capital · Negative Net loss narrowed but still negative, with negative operating cash flow and low ROE.
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China
Semiconductors▲7

Centec Communications Signs Hundred-Million-Yuan Order, Raises Related-Party Transaction Estimate

Centec Communications recently signed a product sales contract with related party Shenzhen CECport Technologies, with an amount exceeding 50% of the previous fiscal year's audited revenue and surpassing 100 million yuan. The subject is Ethernet switching chips. The contract falls within the expected scope of routine related-party transactions and does not require board or shareholder approval. It is a long-term contract, and revenue will be recognized in stages, with limited impact on 2026 results. If performed smoothly, it will have a positive impact on results in the relevant years. Financial data shows that in fiscal 2025, related-party transactions between Centec Communications and CECport amounted to 370 million yuan, making it one of the company's most important sales channels. In addition, on July 15 the company announced that it had raised the amount of goods to be sold to China Electronics Corporation in 2026 from 600 million yuan to 2.2 billion yuan, an increase of 267%. Centec Communications is a leading domestic Ethernet switching chip design company, with products covering switching capacities from 100 gigabits per second to 25.6 terabits per second. In the first quarter of 2026, revenue was 248 million yuan, up 11.40% year on year, while net profit attributable to the parent company was negative 17 million yuan, a year-on-year loss increase of 12.05%. On August 14, the company's stock closed at 398.60 yuan, with a total market value of 163.4 billion yuan, and has risen more than 181% so far this year.
About megatrends
Semiconductors › Logic, Compute & Connectivity Processors ▲Demand
688702.CG · Demand · Positive Signed a hundred-million-yuan Ethernet switching chip sales contract with related party CECport, exceeding 50% of prior fiscal year revenue.
001287.CS · Demand · Positive As the related party buyer, CECport secures a large product supply contract, boosting its procurement volume.
China Electronics Corporation (CEC) · Demand · Positive CEC's subsidiary CECport is a key sales channel, and the increased sales target indicates stronger demand for CEC's ecosystem.
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公司公告·49dRead more →
ChinaArgentinaCanada
688702.CG▲

Pinzhun Laser to list on STAR Market August 18 with issue price of 186.88 yuan, the most expensive new stock this year

Pinzhun Laser announced it will list on the Shanghai Stock Exchange STAR Market on August 18, 2026, at an issue price of 186.88 yuan per share, making it the highest-priced new stock in China's A-share market this year. The company is publicly offering 10 million shares, with total share capital of 40 million shares after the offering. Revenue in 2025 was 418 million yuan and net profit was 151 million yuan. At the initial listing, unrestricted tradable shares total 7.6178 million shares, accounting for 19.04 percent of total share capital. Shengke Communications signed a sales contract for Ethernet switch chip products with its related party Shenzhen CECport Technologies, with an amount exceeding 50 percent of the company's audited revenue for the most recent fiscal year and exceeding 100 million yuan. It is a long-term contract with a performance period of more than one year, and revenue will be recognized in stages. China Micro Semicon released its 2026 semi-annual report, achieving operating revenue of 726 million yuan, up 44.01 percent year on year, and net profit attributable to shareholders of the listed company of 172 million yuan, up 98.48 percent year on year. China Union Holdings received a notice from FIRES, Canada's foreign investment review and economic security authority, stating that the company's investment in the Arizaro lithium salt lake project in Argentina may affect Canada's national security and may trigger further review. The company acquired 100 percent of Argentum Lithium S.A. for about 175 million US dollars and obtained an 80 percent interest in the project. There is uncertainty over whether the transaction will ultimately pass review.
000036.CS · Regulation · Negative Canada's FIRES review may affect national security, casting uncertainty on the Arizaro lithium project acquisition.
688380.CG · Capital · Positive China Micro Semicon's H1 2026 revenue up 44% and net profit up 98.48% YoY.
688702.CG · Demand · Positive Shengke Communications signed a large Ethernet switch chip sales contract with related party exceeding 100 million yuan.
Argentum Lithium S.A. · Regulation · Negative Canadian FIRES review may block the Arizaro lithium project acquisition, creating uncertainty.
上海频准激光科技股份有限公司 · Capital · Positive Pinzhun Laser lists on STAR Market at 186.88 yuan, the highest-priced new stock this year.
001287.CS · Demand · Positive Shenzhen CECport Technologies is the related party buyer in a large Ethernet switch chip contract.
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China
688702.CG▼

National Integrated Circuit Industry Investment Fund Reduces Stake in Centec Communications by 4.1 Million Shares, Holding Drops to 10%

Centec Communications shareholder National Integrated Circuit Industry Investment Fund reduced its stake in the company by 4.1 million shares through centralized bidding between July 21 and August 6, 2026, lowering its shareholding ratio from 11.00% to 10.00%. In the first quarter of 2026, Centec Communications achieved revenue of 248 million yuan, with a net loss attributable to the parent company of 17.03 million yuan.
688702.CG · Capital · Negative Major shareholder reduces stake, signaling potential lack of confidence and increasing supply of shares.
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China
688702.CG▼

National Integrated Circuit Industry Investment Fund Reduces Stake in Shengke Communication by 1%

Shengke Communication announced that shareholder National Integrated Circuit Industry Investment Fund Co., Ltd. reduced its holdings by 4.1 million shares through centralized bidding between July 21 and August 6, 2026, accounting for 1% of the company's total share capital. After this equity change, the fund's stake decreased from 11% to 10%.
688702.CG · Capital · Negative National fund reduced stake by 1%, signaling reduced institutional support.
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China
Robotics & Physical AI▼

Unitree Technology Sets IPO Price at 150.80 Yuan Per Share on STAR Market; DeepSeek and Tencent Join Strategic Placement

Unitree Technology has finalized its initial public offering and listing on the STAR Market, with an issue price of 150.80 yuan per share and an offering size of 40.446434 million shares, representing 10% of the total post-IPO share capital. The IPO price-to-earnings ratio stands at 219.23 times, and total funds raised are expected to reach approximately 6.099 billion yuan. The final strategic placement amounts to 8.089286 million shares, with participants including DeepSeek, China Petroleum Group Kunlun Capital, and Tencent's Shanghai Qishan Investment. Among them, DeepSeek's allotted shares are subject to a 36-month lock-up period. In other news, Zhongfu Shenying plans to raise no more than 3.893 billion yuan through a private placement for projects including high-performance carbon fiber. Shengke Communications saw a 1% stake reduction by the National Integrated Circuit Industry Investment Fund. BioMap expects its first-half net profit to grow by 391.87% to 412.71% year-on-year.
About megatrends
Robotics & Physical AI › Humanoid Robots ▲Capital
688836.CG · Capital · Positive IPO priced at 150.80 yuan per share, raising ~6.099 billion yuan, with strategic investors including DeepSeek and Tencent.
688295.CG · Capital · Positive Plans private placement to raise up to 3.893 billion yuan for high-performance carbon fiber projects.
688702.CG · Capital · Negative National Integrated Circuit Industry Investment Fund reduced its stake by 1%.
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