YMTC Prospectus: Q1 Revenue Hits RMB 47.04 Billion, Net Profit Reaches RMB 33.38 Billion
On August 21, the Shanghai Stock Exchange website showed that Yangtze Memory Technologies Co., Ltd. (YMTC) has had its initial public offering status changed to “accepted” for its IPO review on the STAR Market.
According to YMTC’s prospectus, the company generated operating revenue of RMB 47.042 billion and net profit attributable to parent of RMB 33.379 billion in the January-March period of 2026. Based on TrendForce data, the company ranked third globally and first in China among NAND Flash manufacturers by both sales value and shipment volume during that same period.
Tongcheng Travel Closes Dida Chuxing Acquisition; Ride-Hailing Brand Stays Independent
On August 21, Tongcheng Travel announced it had completed its tender offer for Dida Chuxing. The company received valid acceptances totaling 910,755,954 shares, representing approximately 88.74% of Dida’s total issued share capital. Following the acquisition, Dida Chuxing will maintain its brand and operational independence. Tongcheng Travel stated it plans to keep Dida’s Hong Kong-listed status unchanged.
Semiconductor Industry Sees Fresh Round of Price Hikes: STMicroelectronics, Maxscend and Others Adjust Pricing
According to reports from 21st Century Business Herald and other outlets, multiple semiconductor companies at home and abroad have been sending price adjustment notices to customers since August, with analog chips and RF chips emerging as the epicenter of this pricing wave. Based on official customer notification documents that have surfaced, STMicroelectronics, Analog Devices (ADI), and Maxscend have all confirmed new supply prices for the second half of the year.
Lightelligence Posts First Post-IPO Results: H1 Revenue Surges 284% Year-on-Year
On August 21, Lightelligence released its 2026 interim report — the first financial results since its Hong Kong listing on April 28. In the first half of 2026, the company recorded revenue of RMB 79.78 million, up 284% year-on-year. Gross profit came in at approximately RMB 52.52 million, pushing the blended gross margin to 65.8%. The adjusted net loss for the period stood at RMB 147 million.
Breaking it down by segment: the optical interconnect business generated RMB 60.7 million in revenue during the period, up 275% year-on-year, while the optical computing segment brought in RMB 19.08 million, a 313% increase, lifting its share of total revenue to 23.92%.
The interim report also disclosed the latest R&D progress on Lightelligence’s next-generation 256×256 optoelectronic hybrid computing chip, PACE 3. The company said both the PIC (photonic integrated circuit) and EIC (electronic integrated circuit) have been taped out, with the PIC already returned from the foundry.
SK Hynix: Evaluating Options Including New Memory Fab, No Decision Yet on Japan Plant
SK Hynix submitted a regulatory filing on August 21 stating it has not yet decided whether to build a memory chip manufacturing plant in Japan. Responding to media reports, the company said: “While we are evaluating various measures, including establishing additional production bases to strengthen the competitiveness of our memory business, no decision has been made as of the date of this report.”
Earlier media reports suggested SK Hynix was considering building a memory chip factory in Miyagi Prefecture, Japan, with potential investment reaching tens of trillions of Korean won.
Samsung Unveils Record-Breaking Shareholder Return Plan in Korean History, Up to USD 79 Billion This Year
Samsung Electronics disclosed on the Korea Exchange on August 21 that its expected shareholder return for 2026 will reach approximately KRW 90 trillion to 110 trillion (about USD 79 billion) — the largest shareholder return plan in Korean corporate history. The company plans to distribute around KRW 30 trillion in cash dividends in the third quarter, with final details to be confirmed at the board meeting in late October. Samsung also announced a share buyback of approximately KRW 15 trillion for its employee compensation plans.
Moore Threads’ Zhang Jianzhong: Industry Heading Toward the “ChatGPT Moment” for Embodied AI
On August 21, Zhang Jianzhong, founder, chairman, and CEO of Moore Threads, said at the 2026 World Robot Conference that embodied AI models, driven by Scaling Law, are evolving from billion-parameter to hundred-billion and even trillion-parameter scales. This makes the transition of AI computing clusters from thousand-card to ten-thousand-card and even hundred-thousand-card configurations an inevitable trend.
Zhang noted that the industry is collectively approaching the “ChatGPT moment” for embodied intelligence, and the computing power foundation will be the decisive factor in when that moment arrives. As a GPU company capable of supporting the full pipeline of embodied AI training, Moore Threads provides hardcore computing support from data to deployment — covering synthetic data generation, base model training, post-training/reinforcement learning, simulation evaluation, and Sim2Real transfer.
Meituan Delivery Adds “Mall Store” and “Commercial Street Store” Labels
Our reporters noticed that some merchant pages on Meituan’s food delivery platform now display operational labels such as “Mall Store,” “Commercial Street Store,” and “Platform Inspected.” According to Meituan, as of August this year, over 200,000 merchants on the platform have shown the “Mall Store” label, while 45,000 merchants have displayed the “Commercial Street Store” label. These new labels are designed for business scenarios that are hard to categorize simply as traditional “dine-in” or “no dine-in” — such as mall food courts, commercial street counters, and venues using shared dining areas — helping consumers understand the store’s location, operating environment, and dining conditions before placing an order.
