Computing power dominates! The first wave of semiconductor performance is here.
Hai Guang Information (688041.SH) achieved operating income of 9.49 billion yuan in the first three quarters, a year-on-year increase of 54.65%, and achieved a net profit attributable to shareholders of 1.961 billion yuan, a year-on-year increase of 28.56%.
Today (October 15), Hygon Information Technology (688041.SH) released its A-share semiconductor performance report for the third quarter of 2025. The company achieved operating income of 9.49 billion yuan in the first three quarters, an increase of 54.65% year-on-year; and achieved a net profit attributable to the parent company of 1.961 billion yuan, an increase of 28.56% year-on-year.
For the quarter, Hygon Information Technology achieved operating income of 4.026 billion yuan in the third quarter, a year-on-year increase of 69.6%; and achieved a net profit attributable to the parent company of 760 million yuan in the third quarter, a year-on-year increase of 13.04%, setting a new historical high.
Regarding the reasons for the performance growth, Hygon Information Technology stated that through deepening cooperation with original equipment manufacturers and ecosystem partners in key industries and key areas, accelerating client adoption, promoting the expansion of the market map for high-end processor products, and significantly increasing the market sales of the company's products.
In addition to Hygon Information Technology, many semiconductor listed companies in the third quarter of this year are expected to see growth in their performance. According to the "Science and Technology Innovation Board Daily" statistics, as of now, 7 semiconductor companies have disclosed performance forecasts, with their performance as shown in the table below.
Among them, Hangzhou Changchuan Technology has the highest growth rate in performance. As for the reasons for the performance change, they stated that during the reporting period, the semiconductor industry market demand continued to grow, the company's customer demand was strong, product orders were sufficient, sales income increased significantly year-on-year, driving a significant increase in profits.
These companies, including Telink Semiconductor (Shanghai) Co., Ltd., and Actions Technology, are among the 5 companies engaged in chip design industry. Several companies mentioned the impact of the development of the end-side AI market on their performance in their announcements:
Telink Semiconductor (Shanghai) Co., Ltd. stated that during the reporting period, the company's end-side AI chip shipments exceeded expectations, overseas business expanded rapidly, driving revenue growth by about 30% year-on-year.
Rockchip Electronics stated that its product RK3588 has driven various AIoT computing platforms to continue to penetrate the automotive electronics, machine vision, industrial applications, and Siasun Robot & Automation markets, with rapid growth in operating income, leading to a substantial increase in net profit.
Actions Technology stated that the penetration rate of end-side AI processors has significantly increased, leading to a several-fold increase in related sales revenue.
At present, large-scale and generative AI is rapidly transitioning from the cloud to consumer terminals. Founder pointed out that with the increasing maturity of miniaturization technology, the continuous upgrading of computing power, storage, and connectivity, the explosion of AI terminals is imminent. Although domestic manufacturers in mainstream end-side computing chips such as AI phones and AIPC started relatively late, they have great potential in end-side AIoT computing power, storage technology, and wireless connectivity chips, and are expected to achieve overtaking on the bend.
CITIC SEC stated that looking forward to the second half of this year and next year, the peak season for consumer electronics combined with the intensive release of new end-side AI products, positive guidance from AI-related capital spending by major domestic and foreign manufacturers, driving the fundamentals of the electronics industry to be good. Coupled with innovation upgrades, domestic substitution, and other positive catalysts, the industry cycle is expected to continue to rise, with overall configuration value highlighting.
In terms of investment, the institution pointed out that currently, overseas advanced manufacturing and advanced packaging capacity are difficult to obtain, and the domestic computing power industry chain is still striving to catch up, with key links in a state of "strong demand, weak supply". With a certain foundation in the domestication of traditional semiconductors, there is still considerable room for improvement in the domestication of advanced processes, advanced storage, advanced packaging, core equipment materials, and EDA software. It is suggested to pay attention to the increasing demand for artificial intelligence and the progress of domestication.
This article is reprinted from the "Science and Technology Innovation Board Daily", author: Zhang; GMTEight editor: Feng Qiuyi.
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