ChangXin Memory Technologies projects its first-half 2026 revenue will reach between 110 billion and 120 billion RMB. The company expects net profit for the same period to fall within the range of 66 billion to 75 billion RMB. Attributable net profit to shareholders is estimated at 50 billion to 57 billion RMB.
Company wipes out all accumulated losses and achieves full profitability in less than half a year.
The financial turnaround stems from a global upcycle in memory chip demand. ChangXin Memory Technologies erased all accumulated losses dating back to its founding within less than half a year. The company achieved full profitability without passing through a transitional loss phase. Revenue growth is projected to increase by over 600 percent compared to the previous year.
Hefei state-owned capital holds the largest shareholding position in ChangXin Memory Technologies. If the company successfully completes an initial public offering, book assets linked to Hefei state-owned capital could potentially reach a trillion RMB level. This projection relies on estimated shareholding ratios and current market valuation expectations rather than realized figures.
The memory chip manufacturer operates within a sector that has seen significant shifts in recent years. Market data indicates that consumer electronics demand remains a key driver for storage component sales.
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