HC Semitek Corp

HC SemiTek released its 2026 interim report, with net profit attributable to the parent company of 2.05 million yuan, an increase of 117 million yuan compared with the same period last year, turning losses into gains. The company's total operating revenue was 4.182 billion yuan, up 65.15% year-on-year, achieving growth for three consecutive years. Net cash inflow from operating activities was 357 million yuan, an increase of 568 million yuan compared with the same period last year. The company's latest asset-liability ratio was 57.20%, gross margin was 6.45%, and ROE was 0.03%.

HC Semitek announced that its controlling shareholder, BOE Technology Group, has agreed to subscribe to all shares issued in this private placement, with a subscription amount not exceeding 998 million yuan. The number of shares to be issued will not exceed 97.94 million shares, representing no more than 30 percent of the total share capital before the issuance. The issue price will be no lower than 80 percent of the average trading price over the 20 trading days prior to the pricing reference date. This transaction constitutes a connected transaction but does not constitute a major asset restructuring. In the first quarter of 2026, HC Semitek achieved revenue of 2.221 billion yuan and a net profit attributable to the parent company of 50.67 million yuan.

On July 10, the optical and optoelectronics sector rose 4.46% intraday. Among constituent stocks, ML Optic gained 14.21%, Everdisplay Optronics rose 13.87%, Wave Optics climbed 12.31%, HC Semitek advanced 10.08%, and Xuguang Electronics added 10.00%. According to CNR News, the 2026 Microdisplay Innovation and Application Conference and Global Display Industry Trend Release was held in Hefei Xinzhan High-tech Zone. Under the theme 'Microdisplay Breakthroughs, Industry Outlook,' the event gathered global wisdom to explore cutting-edge microdisplay technologies and the industry's future. Sinolink Securities noted that the continuous evolution of large AI models is driving upgrades in computing infrastructure, with optical modules accelerating iteration toward 800G and 1.6T. There is urgent demand for high-speed, low-power, highly integrated optical interconnect solutions. CPO technology offers notable advantages in improving interconnect density and transmission stability. As the supply side gradually matures, the penetration process is expected to accelerate. The firm suggests focusing on leading companies in CPO optical components, packaging and manufacturing, and overall solutions.

BOE HC Semitek Suzhou Company Limited has increased its registered capital from 1.5 billion yuan to 2.5 billion yuan, a rise of about 67 percent. The company was established in September 2012, with Zhang Yu as its legal representative. Its business scope includes the manufacturing of semiconductor discrete devices, semiconductor lighting devices, display devices, and optoelectronic devices, among others. It is wholly owned by HC Semitek.