Shenzhen Longsys Electronics Co. Ltd. A vs Everspin: why the prices moved differently

• ▲

  First-half profit surges 715x on memory super cycle Longsys reported first-half revenue of 24.1 billion yuan, up 136%, and net profit of 10.58 billion yuan, up 71,528%. Record gross margin and a memory supply shortage through 2027 mean earnings power is far above past levels, the core reason the stock is re-rated.

  The blowout earnings are the fundamental force behind the stock and confirm the memory upcycle is flowing into profit.

• ▲

  Buyback up to 800 million yuan, bank loan secured The controlling shareholder proposed repurchasing 400-800 million yuan of shares for equity incentives, and China Construction Bank committed a special loan of up to 720 million yuan. Buybacks shrink supply of shares and signal management sees the stock as undervalued.

  A funded buyback is a direct, concrete support for the share price and shows insider confidence.

• ▲

  AI storage products shown at FMS 2026 with AMD Longsys displayed end-to-end AI storage: AIDIMM high-bandwidth memory running 122B-parameter models on 64GB, a 5nm controller SSD at 14.8 GB/s, and mobile UFS tech. This positions it in the fast-growing AI hardware market beyond plain memory chips.

  New AI product lines open future growth beyond commodity memory, supporting the longer-term valuation story.

• ▼

  Memory stock rout and priced-in expectations cap gains In mid-July memory names including Longsys fell sharply after Demingli's second limit-down and a drop in US chip stocks, and even a 62,200% profit forecast only lifted shares 10% before gains were erased. Investors had already priced in huge earnings, so good news alone may not move the stock.

  This is the main counterweight: the market already expects extreme growth, so the stock can fall even on strong results.

Based on 8 stories →

• ▲

  First-half profit forecast up over 62,000% Longsys expects first-half 2026 net profit of 9.2–11 billion yuan, a year-on-year increase of 62,204%–74,394%, driven by strong downstream demand and a global memory upcycle. This massive profit jump directly boosts investor confidence and the stock price.

  This is the core new event that explains the stock's surge.

• ▲

  Renewed wafer supply deals secure production Longsys renewed wafer supply agreements with major global memory manufacturers, ensuring it has enough raw materials amid tight industry capacity. This reduces supply risk and supports future revenue growth, pushing the stock up.

  It shows the company can meet demand and sustain growth.

• ▲

  AI storage tech cuts DRAM use by 40% Longsys completed joint optimization with AMD for on-device AI, reducing DRAM usage by about 40%. This innovation makes its products more competitive in the fast-growing edge AI market, adding a technology-driven growth story that lifts the stock.

  It highlights a new competitive edge in AI storage.

• ▲

  Memory prices keep rising, Samsung hikes DRAM 20% TrendForce expects DRAM contract prices to rise 13–18% and NAND 10–15% in Q3 2026, and Samsung reportedly plans a 20% DRAM price hike. Higher prices mean more revenue and profit for Longsys, driving the stock higher.

  It confirms the industry pricing tailwind that directly benefits Longsys.

Based on 7 stories →