Xinxian Da's June Revenue Hits New Monthly High, First-Half Performance Up 32%

Xinxian Da Holding (3709) reported a record-breaking June revenue of 7.61 billion yuan, a significant 119% increase from the previous month and a 72% rise compared to the same period last year. This surge propelled the company's first-half revenue to 27.41 billion yuan, marking a robust 32% year-on-year growth.

The company attributed its strong performance to several key factors. Demand for its core DRAM product line remains high, complemented by the successful delivery of large-scale projects. Additionally, the increasing demand for enterprise-grade server CPUs, fueled by AI and digital transformation trends, further boosted sales. The mid-year shopping festival also invigorated channel demand across various product lines.

Analysts note that Xinxian Da has benefited from the AI PC upgrade cycle and the simultaneous rise in prices and volume for server CPUs and storage products like DRAM and SSDs. Despite a temporary dip in May due to customer order adjustments and a high base period, the company rebounded strongly in June with support from major projects and the e-commerce peak season.

Looking ahead, Xinxian Da is focused on deepening its presence in the enterprise server market and expanding its diverse channel strategy. The company anticipates that its full-year sales performance will significantly outperform 2025, especially with the upcoming traditional peak season for electronics in the second half of the year.