Stay focused on AI! Ge Weidong added a stake in memory chip leader Zhaoyi Innovation (603986.SH) with a market value approaching 10 billion

The Zhitong Finance App learned that on the afternoon of August 6, Zhaoyi Innovation (603986.SH) issued an announcement showing that as of July 31, Ge Weidong and Wang Ping held 164.467 million shares and 8.5999 million shares of the company's shares respectively, with shareholding ratios of 2.34% and 1.23% respectively. Compared with 16.2616 million shares and 7.5732 million shares at the end of the first quarter, their holdings increased by 185,500 shares and 1.026,700 shares, respectively. According to public information, Ge Weidong is the head of Chaos Investment, a well-known investor, and has a husband and wife relationship with Wang Ping.

The stock price of Zhaoyi Innovation closed today at 385 yuan/share. Based on this calculation, the market value of Ge Weidong's holdings in Zhaoyi Innovation is about 6.332 billion yuan, and the market value of Wang Ping's holdings is about 3.311 billion yuan. The total market value of the shares held by the two is about 9.643 billion yuan. As of July 31, the above two people increased their total market holdings by 434 million yuan compared to the end of the first quarter.

According to reports, at the end of the second quarter of 2018, Ge Weidong first appeared on the list of the top ten tradable shares of Zhaoyi Innovation. At that time, he held 2,524 million shares and was the 8th largest tradable shareholder of a listed company. During this period, no matter how the stock price of GigaYi Innovation fluctuated, it always stuck to this stock. At the end of the first quarter of this year, the stock price of GigaYi Innovation was less than 250 yuan/share, reaching a high of more than 846 yuan/share by late June. Ge Weidong once revealed his approach to the deal: “If you don't move, you have to hit it.” He stressed that investing requires a personality like a lion, good patience, and learning to wait; if you don't move, it's enough; every hit is a hit.

Technology stocks had previously plummeted collectively. Ge Weidong posted an article in his circle of friends on July 29 to firmly believe in AI. He said, “I believe it's not over. After all, this is the path that comes closest to God. Who will stop? Whoever stops will be hit by the downgrade next! The top AI talents in Silicon Valley and China know this best.”

Financial reports show that in the first quarter of 2026, Zhaoyi Innovation's revenue was 4.188 billion yuan, up 119.38% year on year; net profit to mother was 1,461 billion yuan, up 522.79% year on year. The company expects revenue for the first half of 2026 to be about 11.5 billion yuan, an increase of about 177% year on year; net profit to mother is about 6.9 billion yuan, an increase of about 1099% year on year.