A-share Announcement Highlights | Explosive Interim Report Performance, leading chip company Yuanjie Semiconductor Technology (688498.SH) expects a 1305% increase in net profit.
Yuanjie Technology: Expected net profit for the first half of the year is 6 billion to 6.5 billion yuan, an increase of 1197% to 1305% year-on-year.
Focus today
1. Changxin Technology: Online investors give up subscribing for 6.59 million shares
Changxin Technology announced that the subscription and payment for the online and offline issuance had ended on July 20, 2026 (T+2). Online investors subscribed and paid for 3,844,517,273 shares, giving up 6,586,227 shares; offline investors subscribed and paid for 2,173,101,821 shares, giving up 31,567 shares. The joint lead underwriters underwrote 6,617,794 shares, with a subscription amount of 57.31 million yuan. Before the exercise of the over-allotment option, the issuance expenses were 281 million yuan.
2. GigaDevice Semiconductor Inc.: Plans to use 500 million yuan of A-share fundraising to increase capital to fully-owned subsidiary for implementing the DRAM fundraising project
GigaDevice Semiconductor Inc. announced that the fifth session of the thirteenth board of directors meeting approved the proposal to use part of the A-share fundraising to increase the capital of its wholly-owned subsidiary, Zhuhai Hengqin Semiconductor Co., Ltd. ("Zhuhai Xinsi"), by 500 million yuan to implement the DRAM fundraising project. This does not require shareholder approval. After the increase in capital, Zhuhai Xinsi's registered capital will change from 150 million yuan to 200 million yuan and will remain a wholly-owned subsidiary of the company.
3. Zhejiang Fenglong Electric: Controlling shareholder UBTECH ROBOTICS proposes company to repurchase 30-60 million yuan of shares for equity incentives
Zhejiang Fenglong Electric announced that the controlling shareholder UBTECH ROBOTICS proposed that the company repurchase part of the issued public shares through centralized bidding with its own funds and self-raised funds. The total repurchase amount will not be less than 30 million yuan and not more than 60 million yuan. The repurchased shares will be used to implement an employee stock ownership plan or equity incentives. The repurchase price ceiling will not exceed 150% of the average trading price of the company's stock for the thirty trading days prior to the approval of the repurchase resolution by the board of directors, with a repurchase period not exceeding 12 months from the date of approval by the board of directors.
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