Cambricon recorded a revenue of 6 billion yuan in the first half of the year, with a net profit of 2.3 billion yuan. Zhang Jianping has dropped out of the ranks of top ten shareholders and may have cashed out 10 billion yuan.
Cambricon (Stock Code: 688256.SH) released its 2026 semi-annual financial report on August 7. The financial report shows that Cambricon's revenue in the first half of 2026 reached 5.996 billion yuan, a 108% increase from 2.88 billion yuan in the same period of the previous year.
Cambricon's R&D investment in the first half of 2026 was 700 million yuan, up 29.63% year on year. As of the end of this reporting period, the company has an R&D team of more than 1,000 people, accounting for over 80% of the total number of employees, and 82.03% of the R&D personnel hold master's degrees or above.
Cambricon's net profit in the first half of 2026 was 2.3 billion yuan, up 122.61% from 1.038 billion yuan in the same period of the previous year; the non-recurring profit and loss adjusted net profit was 2.166 billion yuan, up 137% from 913 million yuan in the same period of the previous year.
Notable retail investor Zhang Jianping exits the top ten shareholders list
As of June 30, 2026, Chen Tianshi, founder of Cambricon, holds 28.35% of the shares, Beijing Zhongkesuanyuan Asset Management Co., Ltd. holds 15.57%, Beijing Aix Technology Center (Limited Partnership) holds 7.27%, and the actual controller of Aix Partnership is Chen Tianshi.
Shareholding structure of Cambricon as of June 30, 2026
Hong Kong Securities Clearing Company Limited holds 3.5% of the shares, China Merchants Bank Co., Ltd. - ChinaAMC SSE STAR Market 50 Index Traded Open-end Fund holds 0.64%, CITIC Securities Co., Ltd. - Harvest SSE STAR Market Chip Index Traded Open-end Fund holds 0.55%,
Industrial and Commercial Bank of China Limited - E Fund SSE STAR Market 50 Index Traded Open-end Fund holds 0.39%, Qiu Mingjing holds 0.36%.
As of December 31, 2025, Chen Tianshi, founder of Cambricon, holds 28.35% of the shares, Beijing Zhongkesuanyuan Asset Management Co., Ltd. holds 15.57%, Beijing Aix Technology Center (Limited Partnership) holds 7.27%, and the actual controller of Aix Partnership is Chen Tianshi.
Shareholding structure of Cambricon as of December 31, 2025
Hong Kong Securities Clearing Company Limited holds 3.12%, Zhang Jianping, a well-known retail investor in Hangzhou, holds 1.62%, China Merchants Bank Co., Ltd. - ChinaAMC SSE STAR Market 50 Index Traded Open-end Fund holds 1.27%, Industrial and Commercial Bank of China Limited - E Fund SSE STAR Market 50 Index Traded Open-end Fund holds 1.18%,
Beijing Aijiaxi Technology Center (Limited Partnership) holds 1.15%, Industrial and Commercial Bank of China - SSE 50 Traded Open-end Index Securities Investment Fund holds 0.92%, Industrial and Commercial Bank of China Limited - Huatai-PineBridge CSI 300 Traded Open-end Index Securities Investment Fund holds 0.83%.
Chen Tianshi controls a total of 29.34% of the company's equity.
By comparison, it can be found that Zhang Jianping, the well-known Hangzhou retail investor, has exited the list of top ten shareholders, and there is reason to believe he has liquidated all his positions. China Merchants Bank Co., Ltd. - ChinaAMC SSE STAR Market 50 Index Traded Open-end Fund and Industrial and Commercial Bank of China Limited - E Fund SSE STAR Market 50 Index Traded Open-end Fund have both significantly reduced their holdings. Individual investors Zhang Wei and Qiu Mingjing have entered the top ten shareholders list.
As of the close of trading on August 7, Cambricon's share price was 1199.93 yuan, with a market value of 753.9 billion yuan. Calculated based on today's share price, the equity that Zhang Jianping liquidated is worth 12.2 billion yuan.
This article is from the WeChat public account "Lei Di" (ID: touchweb), written by Lei Jianping, authorized for release by 36Kr.