On September 7, 2026, Tongfu Microelectronics disclosed its semi-annual report, showing that the company’s net profit for the first half of the year increased by 316.77% year-on-year, with revenue reaching 16.041 billion yuan. The profit growth was mainly due to increased revenue and higher investment returns, while non-recurring gains and losses contributed approximately 9.70 billion yuan. The company’s research and development expenses amounted to 8.25 billion yuan, and it has granted over 800 patents. On the same day, the company released its private placement report, planning to raise 42.09 billion yuan, of which 31.70 billion yuan will be used for four major capacity expansion projects: memory chips, automotive electronics, etc. The company has identified AI, storage, vehicle-related technologies, and domestic customers as four key growth areas, aiming to reduce the risk of high customer concentration.
In the first half of the year, Tongfu Microelectronics' net profit attributable to the parent company increased by 316.77% year-on-year. The company achieved operating revenue of 16.041 billion yuan, with AMD-related subsidiaries reaching record highs in revenue. The significant increase in profits was mainly due to rising operating income and enhanced investment returns; non-recurring gains and losses contributed 970 million yuan. R&D expenditures reached 825 million yuan, with over 800 patents authorized. The special meeting report released on the same day indicated that the total amount of funds raised was 4.220 billion yuan, with a net amount of 4.209 billion yuan after deducting expenses. Of this, 3.170 billion yuan will be used for four major capacity expansion projects in storage chips, automotive electronics, etc. The company has proposed four growth strategies: AI+, storage, vehicle electronics, and domestic customers, aiming to reduce the risk of concentration of customers.