Lianyun Technology (688449.SH) issued an advance increase. Net profit due to mother for the half-year is expected to be 517 million yuan, an increase of 821% over the previous year

Zhitong Finance App News, Lianyun Technology (688449.SH) announced that the company expects to achieve net profit of about 517 million yuan attributable to owners of the parent company in the first half of 2026, an increase of about 821% over the previous year.

In the first half of 2026, overall storage market demand continued to grow, and the industry pattern continued to be optimized. The company focuses on the main storage control industry and seizes the opportunities of the industry boom. Products such as PCIe 3.0, PCIe 4.0, PCIe 5.0 and enterprise-grade SATA master control chips continue to benefit from market expansion, and shipments continue to grow steadily.

The company has made phased progress in new product development and mass production. The PCIe 5.0 chip supports the NVMe 2.1 protocol and next-generation LDPC error correction technology. The performance is nearly double that of the previous generation product, and has been mass-produced on the OEM side; the UFS 3.1 master control chip supports QLC NAND, which can effectively reduce overall customer storage costs during the NAND price increase cycle; the enterprise-grade PCIe 5.0 master control chip is already in the mass production testing stage, and related R&D work is progressing in an orderly manner. There is some uncertainty about revenue, subsequent mass production pace, and performance contribution. In addition, the company's next-generation in-vehicle sensing signal processing chips meet the requirements of 4D imaging millimeter-wave applications, are suitable for L2+ and above advanced driver assistance applications. Customer introduction was completed in early 2026, and shipments gradually progressed in the second quarter.