Shenzhen MinDe Electronics Technology Ltd

Minden Electronics disclosed that, benefiting from a reversal in the supply-demand dynamics of the power semiconductor industry and tightening capacity at mature-node wafer foundries, its controlled wafer foundry GMC Microelectronics will raise foundry prices by 10% to 20% starting June 2026. Its equity-participated silicon wafer company Jingrui Electronics will also follow with a 15% price hike from July 1. The core product monthly sales volume of the company's controlled design house Guangwei Integration has jumped from about 1,000 wafers in early 2025 to over 10,000 wafers currently. The company also disclosed a targeted fundraising plan, intending to raise 1 billion yuan, of which 700 million yuan will be used for a specialty high-voltage power semiconductor devices and power integrated circuit wafer foundry project, and 300 million yuan to replenish working capital and repay bank loans. GMC Microelectronics' first-phase production facility is planned for a monthly capacity of 100,000 six-inch silicon-based wafers. Currently, both capacity and orders are full, and the company is advancing full production for the first phase through various channels while preparing to start second-phase construction at an appropriate time. Jingrui Electronics is operating at full production and full sales. It has completed about 200 million yuan in equity financing this year and built a new monocrystalline ingot project, which is expected to commence production by the end of this year or early next year.

Yongding Co. issued a performance forecast, estimating net profit attributable to shareholders of the listed company for the first half of 2026 at 500 million to 700 million yuan, a year-on-year increase of 57% to 120%. Second-quarter net profit is expected to rise 114% to 240% quarter-on-quarter, mainly driven by the optical communications segment benefiting from the advancement of the digital economy and surging demand for AI computing power, with both volume and price rising in the optical fiber market. China Merchants Energy Shipping expects first-half net profit of 6.6 billion to 7.3 billion yuan, up 214% to 248% year-on-year, as the international tanker shipping market enters a super boom cycle and freight rates on some routes hit record highs. Dongfang Shenghong expects first-half net profit of 4.2 billion to 5 billion yuan, up 987% to 1,195% year-on-year, as supply-demand conditions in the petrochemical and chemical industry improve and rising crude oil prices widen product spreads. Haoli Technology's controlling shareholder plans to transfer an 18% stake for approximately 597 million yuan, with actual control to change to the Xiamen Municipal Finance Bureau. Minde Electronics disclosed that its controlled wafer foundry Guangxin Microelectronics raised prices by 10% to 20% in June, while its investee company Jingrui Electronics raised prices by about 15% in July.