On July 3, memory module maker Longsys released its H1 2026 earnings preview, projecting revenue of RMB 22–25 billion, up 115.8–145.2% year-over-year. Net profit attributable to shareholders is forecast at RMB 9.2–11.0 billion, a staggering 622x to 744x increase versus the same period last year, with core net profit reaching RMB 9.0–10.5 billion.
The explosive growth stems from an extremely low base in H1 2025 (just RMB 14.8 million net profit), while H1 2024 stood at RMB 594 million. Sequential data shows sustained momentum – Q1 2026 revenue hit RMB 9.91 billion (+132.8% YoY) with net profit of RMB 3.86 billion, and Q2 expanded further.
Longsys attributes the surge to strong storage sector tailwinds – AI-driven demand release, limited new wafer supply, and sustained high product pricing. The company has renewed long-term supply agreements with multiple global memory makers to secure wafer feedstock and ensure delivery continuity.
On the technology front, Longsys completed joint platform optimization with AMD, leveraging its in-house SSD storage agent and HLC cache architecture to cut DRAM usage on edge AI devices by roughly 40% – alleviating the memory wall bottleneck and strengthening its position in AIPC and local LLM deployment.
From ICgoodFind: Locked-in wafer supply + edge AI storage smarts – Longsys is riding the memory cycle with both hands. The real test: can margins hold when new capacity arrives.
