On August 31, INGENIC rose 3.13% in regular trading, trading at HK$101.9/share, with turnover of approximately HK$53.27 million. The rally was driven by the company's robust mid-year earnings and a significant institutional stake acquisition.

INGENIC reported H1 revenue of RMB 3.957 billion, up 75.95% year-over-year, with net profit attributable to shareholders surging 489.59% to RMB 1.198 billion. Notably, Q2 standalone net profit soared 579.96% year-over-year. The company cited strong demand across its DRAM and Flash storage products amid a favorable memory cycle, with gross margin expanding sharply from 34.2% to 50.8%. R&D spending rose 10.19% to RMB 389 million, while operating cash flow climbed 121.73% to RMB 959 million.

Additionally, Guangfa Fund Management purchased 3.6868 million H-shares on August 25 at HK$100 per share, deploying approximately HK$369 million and lifting its stake to 11.78%. The institutional entry shortly after INGENIC's Hong Kong listing on August 25 further reinforced market confidence.

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