--- title: "\"Changxin Storage\" content as high as 53%! The semiconductor equipment ETF China Merchants (561980) strengthened during trading, with SICC and CGEE rising over 14% and 11%!" type: "News" locale: "en" url: "https://longbridge.com/en/news/287705630.md" description: "On May 27th, the A-share chip industry chain launched a comprehensive attack, with SICC rising 14.3% and CGEE rising over 11%. The semiconductor equipment ETF China Merchants (561980) rose over 1% during the session, with a net inflow of funds of 270 million yuan on the previous trading day, reaching a new high since its listing. Changxin Technology's IPO on the Sci-Tech Innovation Board is set to be reviewed, with expected revenue of 50.8 billion yuan and a net profit attributable to the parent company of 24.762 billion yuan in 2026, becoming a catalyst for the reshaping of the domestic semiconductor industry chain" datetime: "2026-05-27T02:39:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287705630.md) - [en](https://longbridge.com/en/news/287705630.md) - [zh-HK](https://longbridge.com/zh-HK/news/287705630.md) generator: "portal-rs" --- # "Changxin Storage" content as high as 53%! The semiconductor equipment ETF China Merchants (561980) strengthened during trading, with SICC and CGEE rising over 14% and 11%! On May 27, the A-share chip industry chain launched a comprehensive attack. As of 10:29, SICC surged 14.3%, CGEE rose over 11%, China Shipbuilding Industry Corporation's special gas increased over 9%, Kangqiang Electronics, Zhongwei Company, and Zhongke Feicai saw multiple stocks rise over 4%, while Northern Huachuang, Chipone Microelectronics, and Lianang Microelectronics all rose over 2%. SMIC increased by 1.76%. In terms of ETFs, the Semiconductor Equipment ETF from China Merchants (561980) rose over 1% during the session, with a significant net inflow of 270 million yuan in the previous trading day, bringing the latest scale to 4.3 billion yuan, a new high since its listing. Data shows that this ETF tracks the CSI Semiconductor Index, with a one-year increase of 172%, ranking first among similar indices in the sci-tech chip and semiconductor materials and equipment sectors. The "Changxin Storage" concept accounts for as much as 53%, showing a high rebound sharpness. In the overseas market, overnight, US storage chip leader Micron Technology surged over 19%, with a market value surpassing 1 trillion USD for the first time. This milestone was driven not by short-term performance fluctuations, but by a qualitative change in the industry's business model—UBS significantly raised Micron's target price from 535 USD to 1625 USD, with the core logic being the first appearance of long-term supply agreements (LTA) with partially fixed pricing in the memory industry. This model is expected to significantly smooth profit fluctuations, shifting the market from "cyclical stock valuation" to "growth stock valuation." Domestically, on May 27, the domestic DRAM leader Changxin Technology's IPO officially went to the Science and Technology Innovation Board. According to data from various brokerages, this is not only the second-largest fundraising project in the history of the Science and Technology Innovation Board IPOs but also a catalyst for reshaping the value of the domestic semiconductor industry chain. Changxin Technology's updated prospectus shows that in the first quarter of 2026, revenue is expected to reach 50.8 billion yuan, a year-on-year increase of 719%, with a net profit attributable to the parent company of 24.762 billion yuan, a year-on-year increase of 1688%. The company expects revenue in the first half of the year to be between 110 billion to 120 billion yuan, with a net profit attributable to the parent company of 50 billion to 57 billion yuan, roughly calculating a daily profit of over 300 million yuan. Wind data shows that the Semiconductor Equipment ETF from China Merchants (561980) tracks the CSI Semiconductor Industry Index, with the "Changxin Storage" concept accounting for as much as 53%, which is expected to directly benefit from the expansion logic of Changxin Storage. This index has Northern Huachuang and Zhongwei Company accounting for a combined 27%, while Cambricon and Haiguang Information account for a total of 15%, and SMIC 6%, with the top ten concentration reaching as high as 77%, covering Changxin's equipment suppliers (etching, thin film deposition, CMP, testing), material suppliers, and industry chain partners—this concentration is extremely prominent among similar equipment indices. CITIC Construction Investment pointed out that the two storage companies are promoting the IPO process, and the downstream expansion cycle is becoming increasingly clear. Currently, there are more advanced logic players in the domestic market, with good progress in line and yield improvement, and mass production expansion is about to arrive, with the possibility of exceeding expectations in the second half of the year. Domestic advanced equipment verification is also progressing very smoothly, and the localization rate will enter a rapid improvement stage Guosheng Securities also believes that the two deposits are racing to enter the capital market, and the funds raised will strongly support subsequent large-scale capacity expansion. As Changxin Technology's revenue and cash flow grow and capital expenditure intensity increases, domestic equipment and material companies are expected to benefit across the board ### Related Stocks - [688234.CN](https://longbridge.com/en/quote/688234.CN.md) - [688478.CN](https://longbridge.com/en/quote/688478.CN.md) - [561980.CN](https://longbridge.com/en/quote/561980.CN.md) - [688146.CN](https://longbridge.com/en/quote/688146.CN.md) - [002119.CN](https://longbridge.com/en/quote/002119.CN.md) - [688012.CN](https://longbridge.com/en/quote/688012.CN.md) - [688361.CN](https://longbridge.com/en/quote/688361.CN.md) - [002371.CN](https://longbridge.com/en/quote/002371.CN.md) - [688037.CN](https://longbridge.com/en/quote/688037.CN.md) - [605358.CN](https://longbridge.com/en/quote/605358.CN.md) - [688981.CN](https://longbridge.com/en/quote/688981.CN.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [UBS.US](https://longbridge.com/en/quote/UBS.US.md) - [601066.CN](https://longbridge.com/en/quote/601066.CN.md) - [06066.HK](https://longbridge.com/en/quote/06066.HK.md) - [688256.CN](https://longbridge.com/en/quote/688256.CN.md) - [688041.CN](https://longbridge.com/en/quote/688041.CN.md) - [002670.CN](https://longbridge.com/en/quote/002670.CN.md) - [HSMD.SG](https://longbridge.com/en/quote/HSMD.SG.md) ## Related News & Research - [There’s Finally 1 Covered Call ETF I Like. 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