--- title: "Net profit surges 555%! Cambricon plans dividend payout of 632 million yuan" type: "Topics" locale: "zh-HK" url: "https://longbridge.com/zh-HK/topics/39237207.md" description: "Driven by the massive capital expenditures of global tech giants, AI has become a global industry consensus. As the global AI industry enters the era of AI Agents, the market's demand for computing power continues to explode. It is reported that both Microsoft and Meta have committed to nearly $50 billion in additional data center leasing expenditures in recent quarters. This plan is expected to push the total future data center leasing scale of major cloud computing companies beyond $700 billion. Against this backdrop, cloud computing, chip, and power companies will continue to benefit. Notably, some long-term loss-making chip companies have begun to turn losses into profits driven by demand. March 12th..." datetime: "2026-03-13T01:21:37.000Z" locales: - [en](https://longbridge.com/en/topics/39237207.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39237207.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39237207.md) author: "[侃见财经](https://longbridge.com/zh-HK/profiles/3206955.md)" --- > 支持的語言: [English](https://longbridge.com/en/topics/39237207.md) | [简体中文](https://longbridge.com/zh-CN/topics/39237207.md) # Net profit surges 555%! Cambricon plans dividend payout of 632 million yuan Driven by massive capital expenditures from global tech giants, AI has become a global industry consensus. As the global AI industry enters the era of AI Agents, market demand for computing power continues to surge. It's reported that Microsoft and Meta have each committed to nearly $50 billion in new data center leasing expenditures in recent quarters. This plan is expected to push the total future data center leasing scale of major cloud computing companies beyond $700 billion. Against this backdrop, cloud computing, chip, and power companies will continue to benefit. Notably, some chip companies that have been in long-term losses have begun to turn profitable, driven by demand. On March 12, Cambricon released its 2025 financial report. The report shows the company achieved annual operating revenue of 64.97 billion yuan, a year-on-year increase of 453.21%; net profit was 20.59 billion yuan, up 555.24% year-on-year, successfully turning a loss into a profit; non-GAAP net profit was 17.70 billion yuan, an increase of 304.63% year-on-year. A profit distribution plan was also disclosed concurrently: the company plans to distribute a cash dividend of 15 yuan per 10 shares (tax inclusive) to all shareholders, totaling 632 million yuan in dividends, accounting for 30.71% of net profit; simultaneously, there will be a 4.9-for-10 bonus share issue. Regarding the explosive growth in performance, Cambricon stated it was mainly due to the continuously rising demand for computing power in the AI industry. The company leveraged its product competitiveness to continuously expand its market and actively promote the implementation of AI application scenarios, leading to a significant year-on-year increase in operating revenue during the reporting period. Rapid revenue growth has propelled Cambricon into a virtuous cycle. The financial report shows that in 2025, the company's R&D investment was 13.51 billion yuan, a year-on-year increase of 9.03%, accounting for 17.99% of operating revenue. The company explained that as revenue growth this period far outpaced R&D investment growth, the R&D expense ratio decreased by 73.31 percentage points year-on-year. In terms of product structure, Cambricon's cloud product line revenue was 64.77 billion yuan, accounting for 99.69% of total revenue, serving as the company's core income source. Specifically for the fourth quarter, the company's revenue was 18.90 billion yuan, up 91.05% year-on-year; net profit was 4.55 billion yuan, an increase of 67.03% year-on-year. In terms of revenue scale, Q4 set a new historical high for a single quarter; net profit, however, declined sequentially. Overall, with the rapid development of AI, market demand for computing power and chips continues to surge, and related sectors are expected to maintain a high-growth trend in the future. Huayuan Securities' research report points out that domestic large AI models have entered an accelerated development phase, which will drive the expansion of the domestic computing power market and increase its penetration rate. Strategic guidance and policy support at the national level provide a solid guarantee for AI development, and the firm maintains a positive outlook on the high prosperity of the domestic computing power sector. Goldman Sachs' research report states that the open-source AI agent OpenClaw can perform practical tasks, and its rapid adoption reflects the enormous potential of AI applications, enabling scale expansion by meeting core user needs. The bank reiterated its positive view on the AI infrastructure industry chain, expecting that the release of inference demand will bring exponential growth to semiconductor and hardware demand. Looking ahead, Cambricon stated that the R&D of its next-generation intelligent processor microarchitecture and instruction set is progressing steadily. New products will focus on optimizing large model training and inference scenarios, including natural language, video/image generation, and industry-specific vertical large models, enhancing competitiveness in programming flexibility, ease of use, performance, power consumption, and area. Simultaneously, the company continues to iterate its training and inference software platforms, making significant progress in model adaptation breadth, training performance, and tool experience. Compared to the performance explosion, the capital market has already reacted in advance. Data shows that from 2024 to 2025, Cambricon's stock price rose by 387.55% and 106.01% respectively, with its market value once exceeding 650 billion yuan; as of the latest close, the company's market value still reached 463.4 billion yuan. Affected by the stock price increase, founder Chen Tianshi's wealth has grown significantly. According to equity penetration data, Chen Tianshi holds 28.49% of Cambricon's shares. Calculated at the latest closing price, his shareholding value exceeds 132 billion yuan. According to the latest 2026 Global Rich List released by the Hurun Research Institute, Chen Tianshi ranks 95th globally with a wealth of 175 billion yuan, up 100 places year-on-year. In addition, renowned investor Zhang Jianping also reaped substantial gains. The 2025 financial report shows Zhang Jianping increased his holdings by 408,400 shares, bringing his total to 6.8149 million shares, accounting for 1.62% of the circulating shares; calculated at the latest closing price, his shareholding value is close to 7.5 billion yuan. Kan Jian Finance believes that as the AI industry enters the AI Agent era, AI commercialization will enter a high-speed development stage. Against the backdrop of continuously surging demand, the performance of sub-sectors such as computing power, storage, and optical chips will continue to materialize, and Cambricon will continue to benefit from industry dividends. ### 相關股票 - [Cambricon (688256.CN)](https://longbridge.com/zh-HK/quote/688256.CN.md) - [Meta Platforms (META.US)](https://longbridge.com/zh-HK/quote/META.US.md) - [Microsoft (MSFT.US)](https://longbridge.com/zh-HK/quote/MSFT.US.md) - [GraniteShares 2x Long MSFT Daily ETF (MSFL.US)](https://longbridge.com/zh-HK/quote/MSFL.US.md) - [YieldMax MSFT Option Income Strategy ETF (MSFO.US)](https://longbridge.com/zh-HK/quote/MSFO.US.md) - [Direxion Daily MSFT Bear 1x Shares (MSFD.US)](https://longbridge.com/zh-HK/quote/MSFD.US.md) - [Direxion Daily MSFT Bull 2X Shares (MSFU.US)](https://longbridge.com/zh-HK/quote/MSFU.US.md) - [T-Rex 2X Long Microsoft Daily Target ETF (MSFX.US)](https://longbridge.com/zh-HK/quote/MSFX.US.md) - [Kurv Yield Premium Strategy Microsoft MSFT ETF (MSFY.US)](https://longbridge.com/zh-HK/quote/MSFY.US.md)