Shenzhen China Micro Semicon (SH:688380) Chang Jiang Shang Bao·2026-01-29 01:16Core Viewpoint - The semiconductor industry is experiencing supply shortages and rising costs, leading to price increases for products from companies like Zhongwei Semiconductor, which announced a price adjustment of 15% to 50% for its MCU and Nor flash products [1][5]. Group 1: Company Performance - Zhongwei Semiconductor's stock surged by 19.47% on January 28, reaching a closing price of 54.61 yuan per share, with a trading volume of 24.06 billion yuan [2][3]. - The company's market capitalization increased by 35.60 billion yuan to 218.60 billion yuan following the price announcement [4]. - For the fiscal year 2025, Zhongwei Semiconductor expects to achieve a net profit of approximately 284 million yuan, representing a year-on-year growth of 107.55% [2][9]. Group 2: Revenue Growth Factors - The anticipated revenue for 2025 is around 1.122 billion yuan, reflecting a year-on-year increase of approximately 23.07% [9]. - The growth is attributed to the continuous launch of new products, increased sales of 32-bit MCUs in industrial control and automotive electronics, and significant gains from stock investments in other companies [10][11]. - The company reported a non-recurring profit of 47 million yuan in the first three quarters of 2025, surpassing the total for the entire year of 2024 [11]. Group 3: Market Dynamics - The price increase is a response to the severe supply-demand imbalance in the semiconductor market, driven by a surge in demand for storage chips due to the AI boom [6][5]. - Major global manufacturers are reallocating production capacity to high-performance storage chips for AI servers, leading to shortages in general-purpose storage chips [6]. - Zhongwei Semiconductor's price adjustments are seen as a necessary measure to maintain profit margins amid rising costs and extended delivery cycles [5][7].