FINWIRES · TerminalLIVE
FINWIRES

SHA:603986

8 stories mentioning SHA:603986Updated 1d ago

Every FINWIRES story that references SHA:603986, newest first.

Asia

GigaDevice Semiconductor Agrees to Extend Partnership Fund to 2027; Shares Down 8%

GigaDevice Semiconductor (HKG:3986, SHA:603986) agreed to extend the operating term of Beijing Yitang Huachuang Equity Investment Center (Limited Partnership) to August 2, 2027, according to a Shanghai bourse filing on Saturday.The Chinese semiconductor company's Shanghai shares dipped 8% and Hong Kong shares fell 5% during Monday's morning trade.The 1.12 billion yuan fund, which is currently in the exit period, was extended because certain portfolio investments require additional time to complete their exits.The company, which owns 8.97% of the fund, received 139.4 million yuan from the fund.

HKG:3986SHA:603986
Asia

GigaDevice Semiconductor Chairman Plans 1 Billion Yuan Share Purchase

GigaDevice Semiconductor (HKG:3986, SHA:603986) said that Chairman Zhu Yiming plans to buy at least 1 billion yuan of the company's A shares between Dec. 13, 2026 and July 29, 2027, according to a Wednesday Hong Kong bourse filing.The development came after Zhu completed the sale of 11.1 million A shares, or 1.58% of the company's share capital, between May 6 and June 12 for about 4.4 billion yuan, reducing his direct stake to 4.94% from 6.53%.Separately, Zhu undertook not to reduce his shareholding for 12 months from July 29, 2026.He and the concert party InfoGrid Limited currently hold a combined 6.80% stake in the company.

HKG:3986SHA:603986
Asia

GigaDevice Allocates 500 Million Yuan in Funds to Raise Subsidiary's Capital; Shares Up 4%

GigaDevice Semiconductor (HKG:3986, SHA:603986) plans to use 500 million yuan in proceeds from a share placement to raise the capital of a subsidiary, Zhuhai Hengqin Xincun Semiconductor, according to a Wednesday disclosure on the Shanghai bourse.Hengqin Xincun Semiconductor will use the added funds for the construction of the DRAM chip research and development center.The semiconductor company previously raised 4.32 billion yuan in gross proceeds from the share placement. The proceeds were originally intended for the construction of a DRAM chip project and the supplementation of working capital only.The company later adjusted the projects to be allocated with the proceeds after changing the purpose and scale of the DRAM project. The construction of an automotive electronics chip industrialization and research and development hub was added to the funded projects.After the capital increase, Hengqin Xincun Semiconductor's registered capital will rise to 200 million yuan and 150 million yuan.GigaDevice's Shanghai shares rose 4% and Hong Kong shares climbed 3% during the morning trade.

HKG:3986SHA:603986
Asia

Giga Device Semiconductor Sees No Reason for Stock Surge; Shares Rise 9%

Giga Device Semiconductor's (HKG:3986, SHA:603986) stock deviated by more than 20% across three straight trading sessions on July 16, 17, and 20, according to a Tuesday filing with the Shanghai bourse.Following an internal investigation and verification with its controlling shareholder and actual controller, the company said it has no undisclosed material information, plans, or negotiations that may have had a significant impact on its stock price.The company's shares jumped 9% recently.

SHA:603986
Asia

GigaDevice's 10 Billion Yuan Partnership Fund Extends Investment Term; Shares Up 9%

GigaDevice Semiconductor (HKG:3986, SHA:603986) said a 10 billion yuan partnership fund extended its investment period, according to a Shanghai bourse filing on Tuesday.The investment term of Beijing Xiaomi Smart Manufacturing Equity Investment Fund Partnership (Limited Partnership) was extended to five years from four years.The company, among other partners, will pay an annual management fee that will be 2% of the investment cost of the partners' unrealized investment projects.The semiconductor company invested 200 million yuan in 2022 as a limited partner to the fund.The company's Shanghai shares jumped nearly 9% during the late-morning trade Tuesday.

HKG:3986SHA:603986
Asia

Update: GigaDevice Semiconductor Sees H1 Profit Soaring More Than 11-Fold

(Updates to add Shanghai ticker in first paragraph and share price movement in last paragraph)GigaDevice Semiconductor (HKG:3986, SHA:603986) expects net profit attributable to shareholders of about 6.90 billion yuan for the first half of 2026, up about 1,099% from 575.5 million yuan a year earlier, according to a Thursday filing with the Hong Kong bourse.The company expects first-half revenue of about 11.5 billion yuan, up about 177% from the prior-year period.The company attributed the expected growth to higher sales volumes and prices for memory chips amid tight industry supply, solid growth in microcontroller shipments driven by industrial, consumer, and automotive demand, and higher fair value gains on securities investments.GigaDevice's shares rose 3% in Shanghai trading Friday morning, while its Hong Kong-listed shares were up nearly 2%.

HKG:3986SHA:603986
Asia

GigaDevice Semiconductor Shares Swing More Than 20% for Three Straight Days

GigaDevice Semiconductor's (SHA:603986) stock price fluctuated more than 20% over three consecutive trading days, according to an abnormal trading fluctuation announcement filed with the Shanghai bourse on Friday.The company noted that controlling shareholder Zhu Yiming and the concerted party, Hong Kong Winford, reduced their combined shareholding to 7.0% from 7.9%.While the company is also in an upward cycle in the memory chip business, driven by rising prices due to supply shortages, the industry has also shown significant cyclical fluctuations, according to GigaDevice.

SHA:603986
Asia

Giga Device Semiconductor Q1 Profit Jumps 523%, Revenue Up 119%

Giga Device Semiconductor (SHA:603986) posted first-quarter attributable net profit of 1.46 billion yuan, up 523% from 234.6 million yuan the previous year.Earnings per share rose to 2.18 yuan from 0.35 yuan, according to a Thursday filing with the Shanghai bourse.The semiconductor company's operating revenue jumped 119% year over year to 4.19 billion yuan from 1.91 billion yuan.

SHA:603986

Track with the FINWIRES app suite

FolioX
FolioX
Track SHA:603986 in your portfolio
WheelAI
WheelAI
Analyze SHA:603986 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on SHA:603986