ChiNext 781 Firms Post 24% Revenue Growth, 43% Profit Rise

As of August 25, 2026, 781 of the 1,403 companies on the ChiNext board had published their semi-annual reports, with combined operating revenue of RMB1.61 trillion, up 24.04% year on year, and net profit of RMB148.535 billion, up 43.27%. Net profit excluding non-recurring items reached RMB130.177 billion, up 43.90%. Among the companies that reported, 584 were profitable, accounting for 74.78%; 401 saw net profit growth, or 51.34%; and 261 recorded profit growth exceeding 30%, of which 202 grew by more than 50%.

By industry, the reporting companies span 28 Shenwan primary sectors, with 23 posting revenue growth and 17 achieving growth in both revenue and net profit. Nine sectors, including electronics, communications, and power equipment, saw net profit growth exceeding 50%, while 12 sectors, including basic chemicals and pharmaceuticals and biotechnology, recorded profit growth above 20%. Of the 24 companies with a market value exceeding RMB100 billion, 16 had published interim results, with combined revenue of RMB617.694 billion, up 41.11%, and net profit of RMB96.447 billion, up 87.01%.

The continued expansion of computing infrastructure construction has directly driven performance growth in the electronics and communications sectors. Ministry of Industry and Information Technology data show that as of the end of June, the country had 5.102 million 5G base stations, and intelligent computing capacity reached 2,185 EFLOPS, up 177% year on year. Among the 101 electronics companies that reported, revenue grew 26% and net profit rose 192%; the 29 communications companies posted revenue growth of 89% and net profit growth of 128%. The optical module industry maintained high prosperity: Zhongji Innolight reported first-half revenue of RMB41.778 billion and net profit of RMB13.651 billion, up 242%; Eoptolink Technology posted revenue of RMB20.910 billion and net profit of RMB7.529 billion; and TFC Communication saw net profit grow 33.92%.

The storage segment also benefited from rising computing demand. Dapu Microelectronics turned from a net loss of RMB354 million in the same period of 2025 to a net profit of RMB1.334 billion in the first half of 2026. Longsys Electronics' net profit attributable to shareholders rose from RMB15 million in the 2025 period to RMB10.577 billion. AI applications are accelerating their penetration into the real economy: Inovance Technology reported first-half revenue of RMB24.675 billion, up 20.31%, with net profit attributable to shareholders excluding non-recurring items of RMB2.755 billion, up 3.13%; Yusys Technologies posted net profit of RMB309 million, up 40.34%; and Chunguang Group recorded revenue of RMB745 million, up 36.32%, with net profit attributable to shareholders of RMB74.9458 million, up 28.09%.

Green and low-carbon transformation continued to advance, with the power equipment sector maintaining rapid growth. The 67 power equipment companies that reported saw revenue grow 49.51% and net profit rise 53.90%. Contemporary Amperex Technology Co. Ltd. (CATL) posted first-half revenue of RMB276.9 billion, up 55%, and net profit of RMB43.3 billion, up 42%. Its power battery usage has ranked first globally for nine consecutive years, and its energy storage battery shipments have ranked first globally for five consecutive years, with its power battery market share exceeding 40%. EVE Energy's power battery and energy storage battery shipments grew 66.47% and 54.88% year on year, respectively, driving net profit to double. Hunan Yuneng and Tianhua Xinneng saw revenue grow 142.92% and 125.00% year on year, respectively, with gross margins on core products improving by 7.84 percentage points and 41.35 percentage points.

In the machinery and equipment sector, driven by equipment renewal policies, the 101 companies that reported saw revenue grow 17.93% and net profit rise 9.21%. Chiaufei Intelligent's CNC machine tool business saw both revenue and net profit grow by more than 40%. Topstar's industrial robot system business revenue grew 121.62%. Haozhi Machinery's revenue and net profit increased 65.86% and 266.57%, respectively, with spindle business revenue up 79.73%. Kaige Precision's revenue and net profit grew 61.53% and 104.69%, respectively, with packaging equipment revenue up 174.72%.

The pharmaceutical and biotechnology sector stabilized and improved, with the 101 reporting companies posting revenue growth of 6.72% and net profit growth of 21.40%. CSPC Innovation's revenue rose from RMB1.050 billion in the same period of 2025 to RMB3.240 billion, and net profit turned from a loss of RMB3 million to a profit of RMB1.261 billion. Betta Pharmaceuticals reported first-half revenue of RMB1.976 billion, up 14.12%, with its expense ratio down 7.62 percentage points year on year.