Xingchen Technology announced that in the first half of 2026, it achieved operating income of 2,658 billion yuan, an increase of 89.43% over the previous year; net profit attributable to shareholders of listed companies was 863 million yuan, an increase of 619.50% over the previous year. Performance growth is due to improved product layout, stable supply chain, and simultaneous increase in product sales and average price. The three main businesses all grew rapidly, with end-side AI SoC revenue of 1,764 billion yuan, up 104.19% year on year; IoT SoC revenue of 520 million yuan, up 40.52% year on year; and automotive electronics SoC revenue of 268 million yuan, up 77.42% year on year. The sponsor, CICC, issued a total of 6 special opinions in the first half of the year, and no irregularities were found.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.