Group 1: Stock Performance - Semiconductor stocks have shown strong performance recently, with notable increases in share prices for several companies: Huahong Semiconductor up 12.65% to HKD 60.1, Jingmen Semiconductor up 8.16% to HKD 0.53, and SMIC up 7.24% to HKD 72.6, reaching a new high [1][2] - Other companies also saw gains, including Shanghai Fudan up 4.3% to HKD 41.72, and several others with increases ranging from 4.03% to 6.81% [2] Group 2: Industry Developments - Alibaba and Baidu have begun using internally designed chips for training AI models, with Alibaba mentioning a "backup plan" in response to global AI chip supply and policy changes during their latest earnings call [2][3] - The domestic computing power chips are gradually replacing NVIDIA's products, indicating a decoupling of China's AI development from the Western semiconductor ecosystem [3] - A report highlighted the advancements of Alibaba's Tsinghua Unigroup in developing AI-focused PPU chips, which reportedly surpass NVIDIA's A800 in key performance metrics [3]

Group 1 - Semiconductor stocks in the Hong Kong market experienced a collective surge, with notable increases in share prices for several companies [1] - Hua Hong Semiconductor saw a rise of 9.09%, while Jingmen Semiconductor and Chipwise Holdings increased by over 6% [1][2] - Other companies such as SMIC and China Electric Power Technology also reported gains exceeding 5% [1] Group 2 - The latest market data shows Hua Hong Semiconductor's current price at 58.20, with a total market capitalization of 100.897 billion and a year-to-date increase of 168.82% [2] - Jingmen Semiconductor's latest price is 0.520, with a market cap of 12.99 billion and a year-to-date increase of 5.05% [2] - Chipwise Holdings is priced at 2.040, with a market cap of 9.97 billion and a year-to-date increase of 43.66% [2]

Group 1 - Semiconductor stocks continue to show strong performance, with notable increases in share prices for companies such as Huahong Semiconductor (+9.93%), Jingmen Semiconductor (+6.12%), SMIC (+5.47%), and Shanghai Fudan (+3.05%) [1] - Alibaba and Baidu have begun using internally designed chips for training AI models, with Alibaba mentioning a "backup plan" in response to global AI chip supply and policy changes during its latest earnings call [1] - Guosen Securities highlights that domestic computing power chips are gradually replacing NVIDIA, indicating a decoupling of China's AI development from the Western semiconductor ecosystem [1] Group 2 - A recent report from CCTV's "News Broadcast" showcased the achievements of China Unicom's Sanjiangyuan Green Power Intelligent Computing Center, including Alibaba's Pingtouge's newly developed PPU chip, which surpasses NVIDIA's A800 in key performance metrics [2] - The report also mentioned several domestic AI chip brands, including Pingtouge, Muxi Technology, Moore Threads, and others, that have signed or are planning to sign contracts [2]

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 2878) (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號：2878) 11 September 2025 Enclosure: Request Form Dear Non-Registered Holder of securities of the Company, Notification of publication of corporate communications on the Company's website We hereby notify you that the following corporate communication of Solomon Systech (International) Limited (the "Company") is now available on the Compan ...

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 2878) (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號：2878) 11 September 2025 If you for any reason have any difficulty in gaining access to the corporate communications posted on the Company's website, you may request to obtain the printed form of the corporate communications by completing and returning the enclosed Request Form by facsimile at (852) 2810 8185 or by post to the Company's b ...

Financial Performance - Revenue for the six months ended June 30, 2025, was $45.9 million, a decrease of 25.8% compared to $61.9 million in the same period of 2024[8]. - Gross profit for the same period was $18.2 million, down 8.4% from $19.8 million, with a gross margin of 39.6%, an increase of 7.6 percentage points from 32.0%[8]. - Profit attributable to owners of the parent was $4.0 million, a decline of 46.4% from $7.5 million in the prior year[8]. - Earnings per share decreased to 0.16 US cents, down 46.7% from 0.30 US cents[8]. - The Group's profit attributable to owners for the period was US$4,003,000, a decrease of 46.5% compared to US$7,471,000 in 1H 2024[70][72]. - Revenue fell to USD 45.9 million, while profit attributable to owners of the Company was approximately USD 4.0 million, maintaining a gross profit margin of 39.6%[121]. - The Group recorded a revenue decrease of approximately 25.8% to US$45.9 million during the period, compared to US$61.9 million in 1H 2024[177]. - The Group's net profit attributable to owners of the parent was US$4.0 million, down from US$7.5 million in 1H 2024[182]. Assets and Liabilities - Total assets as of June 30, 2025, increased to $176.5 million, a rise of 7.8% from $163.7 million at the end of 2024[8]. - Shareholders' funds grew to $141.1 million, reflecting a 3.0% increase from $137.0 million[8]. - The current ratio decreased to 4.83 from 6.17, indicating a decline in liquidity[8]. - The debt to equity ratio remained low at 0.009, suggesting minimal leverage[8]. - Total current liabilities increased to US$34,182,000 from US$24,762,000, indicating a rise of 37.96%[15]. - Net assets reached US$141,123,000 as of June 30, 2025, compared to US$137,041,000 at the end of 2024, showing an increase of 2.03%[15]. - Total trade receivables increased to US$20,537,000 as of June 30, 2025, compared to US$19,886,000 at the end of 2024, reflecting a growth of 3.3%[81][82]. - As of June 30, 2025, trade payables increased to US$9,089,000 from US$7,535,000, representing a growth of 20.6%[86]. - Accrued expenses and other payables rose to US$17,237,000, up from US$11,313,000, indicating a 52.3% increase[86]. - Contract liabilities increased to US$3,288,000 from US$2,647,000, reflecting a growth of 24.2%[86]. Cash Flow - Net cash flows from operating activities decreased to $7,322,000 for the six months ended June 30, 2025, down from $14,031,000 in the same period of 2024, representing a decline of approximately 48.0%[17]. - Cash and cash equivalents rose to US$112,513,000, compared to US$104,242,000 at December 31, 2024, an increase of 7.73%[15]. - Cash flows from financing activities resulted in a net inflow of $574,000, contrasting with a net outflow of $1,150,000 in the same period last year[17]. - The company reported interest received of $2,171,000, slightly up from $2,132,000 in the previous year, marking an increase of about 1.8%[17]. - Total cash and cash equivalents increased to US$116.0 million as of June 30, 2025, up from US$107.7 million at the end of 2024, reflecting an increment of US$8.3 million[190]. Research and Development - Research and development costs increased to $9.9 million from $8.0 million, indicating a focus on innovation despite declining revenues[13]. - Research and development costs increased by 24.3% to US$9.9 million, representing 21.6% of total revenue, up from 12.9% in the same period last year[179]. Market and Product Development - The company specializes in the design and development of integrated circuits for various display applications, including smartphones and smart home devices[18]. - The Group is actively exploring new application areas, with a mini-LED backlight solution expected to launch in the second half of 2025 for automotive HUD systems[128]. - A seven-colour electronic display label IC prototype is scheduled for release in the fourth quarter, with plans for driver ICs for extra-large e-paper learning whiteboards to enter mass production in the latter half of the year[129]. - The Group's OLED Display IC products continue to be applied across smart home devices, portable devices, and Internet of Things (IoT) sectors, demonstrating product diversification[125]. - The Group is expanding into the emerging automotive display sector, indicating a strategic shift towards high-value applications[163]. Shareholder Information - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2025[9]. - The Group did not declare or pay any dividends for the year ended December 31, 2024, nor for the interim period ended June 30, 2025[77][79]. - The company had a total of 2,497,752,351 issued and fully paid shares as of June 30, 2025, unchanged from the previous period[90]. - The Group has a significant shareholder, CEC, which owns approximately 28.3% of the issued shares[102]. Operational Challenges - The ongoing geopolitical landscape and restructuring of global supply chains pose notable challenges, with market demand expected to soften in the second half of the year[132]. - The average selling price of new display IC products declined due to intensified market competition, despite increased demand driven by retailers accelerating orders[144]. - The Group's large display IC products faced significant declines in shipment volumes and revenue due to fierce competition in the market[161].

Core Viewpoint - The semiconductor sector is experiencing a rebound, driven by government initiatives and potential shifts in supply chain dynamics due to U.S. restrictions on foreign wafer fabs in China [1] Group 1: Market Performance - Notable gains in semiconductor stocks include InnoSilicon (02577) up 6.61% to HKD 97.6, SMIC (00981) up 3.57% to HKD 58, and Huahong Semiconductor (01347) up 2.19% to HKD 46.68 [1] Group 2: Government Initiatives - The Ministry of Industry and Information Technology and the State Administration for Market Regulation have issued the "2025-2026 Action Plan for Stable Growth in the Electronic Information Manufacturing Industry," focusing on enhancing efforts in CPU and AI server development, as well as promoting innovation in AI terminal applications [1] - The plan emphasizes the importance of "domestic goods for domestic use" and aims to increase policy support for key enterprises in the industry chain [1] Group 3: Supply Chain Dynamics - The U.S. plans to revoke TSMC's (Nanjing) VEU authorization, marking another restriction on foreign wafer fabs in China, following similar actions against Samsung and SK Hynix [1] - This situation is expected to open up opportunities for domestic memory chip suppliers and wafer foundries to gain market share [1] - As procurement difficulties for equipment increase, overseas wafer fabs may begin to seek domestic suppliers, benefiting companies in the domestic semiconductor equipment and materials sectors [1]

Group 1 - Chip stocks showed recovery in early trading, with notable increases: InnoCare (02577) up 6.61% to HKD 97.6, SMIC (00981) up 3.57% to HKD 58, and Huahong Semiconductor (01347) up 2.19% to HKD 46.68 [1][1][1] - The Ministry of Industry and Information Technology and the State Administration for Market Regulation issued the "Electronic Information Manufacturing Industry 2025-2026 Stable Growth Action Plan," emphasizing the need to strengthen efforts in CPU, high-performance AI servers, and hardware-software collaboration [1][1][1] - The plan encourages local innovation in AI terminal applications and aims to promote technological breakthroughs in key components, chips, and modules for 5G/6G [1][1][1] Group 2 - The U.S. plans to revoke TSMC's (Nanjing) VEU authorization, marking another restriction on foreign wafer fabs in China, following similar actions against Samsung and SK Hynix [1][1][1] - This revocation is expected to open a window for domestic semiconductor equipment and wafer foundry suppliers to increase their market share [1][1][1] - Due to increased difficulty in procuring equipment, overseas wafer fabs may start seeking domestic suppliers, which will benefit related companies in the domestic semiconductor equipment and materials industry [1][1][1]

格隆汇9月4日｜恒生科技指数跌幅扩大至逾1%。芯片股震荡下挫，地平线机器人跌超6%，中芯国际、 晶门半导体、华虹半导体跌超5%，上海复旦跌超4%。 | 恒生指数 | 25140.70 | -202.73 | -0.80% | | --- | --- | --- | --- | | 800000 | | | | | 国企指数 | 8958.76 | -91.26 | -1.01% | | 800100 | | | | | 恒生科技指数 | 5616.71 | -67.03 | -1.18% | | 800700 | | | | (责任编辑：宋政 HN002) 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 本月底法定/註冊股本總額： HKD 500,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 截至月份: 2025年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 晶門半導體有限公司 呈交日期: 2025年9月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02878 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.1 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000, ...