Tiande Yu: Controlling shareholder increases holdings with real capital, demonstrating confidence through genuine investment, with earnings resilience safeguarding growth

On the evening of March 18, Shenzhen Tiande Yu Technology Co., Ltd. (Stock code: 688252.SH, hereinafter referred to as “Tiande Yu”) issued an announcement titled “Announcement on the Increase in Shareholdings by One of the Controlling Shareholder’s Concerted Parties and Subsequent Purchase Plan,” disclosing that Puyu Investment Co., Ltd. (hereinafter referred to as “Puyu Investment”), a concerted party of the controlling shareholder Hengfeng Limited, increased its holdings and outlined its future purchase plan.

This increase was driven by the controlling shareholder’s firm recognition of the company’s long-term development prospects and intrinsic investment value. The goal is to effectively protect the interests of the listed company and its investors, stabilize market expectations, and has attracted significant attention from the capital market and industry, serving as an important signal of the company’s fundamentals and confidence in its growth.

The announcement shows that on March 18, 2026, Puyu Investment indirectly increased its holdings by 300,178 shares through a profit swap agreement, using its own funds of 6.2793 million yuan, representing 0.07% of the company’s total share capital. Starting from this, Puyu Investment plans to continue increasing its holdings over the next six months (from March 18, 2026) through profit swap methods, with a planned total additional investment (including the current purchase) of no less than 20 million yuan and no more than 40 million yuan. All funds for this purchase come from the major shareholder’s own capital, with no leverage financing arrangements, fully demonstrating the investor’s strength and long-term holding commitment.

Industry insiders believe that the major shareholder’s genuine cash-in increase signals a direct recognition of the company’s current valuation and intrinsic value, conveying a clear and strong confidence signal to the market. This not only consolidates the company’s equity structure but also further boosts the confidence of secondary market investors, laying a solid capital foundation for the company’s long-term strategy implementation and stable operation.

As a leading enterprise in the domestic display driver and electronic price tag chip fields, Tiande Yu focuses on mobile intelligent terminal and smart IoT chip design. Its core layout includes four major product matrices: display driver chips for smart mobile terminals, camera voice coil motor driver chips, fast-charging protocol chips, and electronic price tag driver chips, covering diverse application scenarios such as consumer electronics, smart hardware, and industrial IoT. With strong technology and product capabilities, the company has successfully entered the supply chains of top domestic and international brands, with a high-quality customer base and ongoing global expansion.

In terms of performance, the company previously disclosed its 2025 annual performance forecast on February 28, showing steady results: total revenue of 2.19 billion yuan in 2025, a year-on-year increase of 4.17%; net profit attributable to the parent company of 234 million yuan, with a non-recurring profit of 219 million yuan. Amid industry segmentation and market fluctuations, the company’s revenue has steadily grown, and profits remain resilient, demonstrating strong competitiveness of core businesses, solid customer loyalty, and outstanding profitability resilience, with robust risk resistance.

On the industry level, positive signals are being released in tandem with industry cycles and policy support. According to WSTS forecasts, the global semiconductor market in 2026 is expected to grow by 12.5% year-on-year. The recovery of core downstream demand such as consumer electronics and smart mobile terminals is driving demand for display driver chips, power management chips, and fast-charging chips. Meanwhile, domestic semiconductor localization is accelerating, and local design companies with independent R&D capabilities, stable supply chains, and high-quality customer resources are entering an important growth phase. Coupled with ongoing national industry support policies—covering R&D subsidies, supply chain collaboration, and more—the overall fundamentals of the semiconductor industry continue to improve.

In summary, the recent increase in holdings by the controlling shareholder affirms Tiande Yu’s current intrinsic value and deepens recognition of the company’s long-term growth logic. Leveraging industry recovery and domestic substitution benefits, the company’s years of technological accumulation, comprehensive product matrix, and global customer base position it well to strengthen core competitive advantages and share in the industry’s recovery opportunities.

In conclusion

Focusing on the core of integrated circuit design, Tiande Yu’s long-term development path is already clear: continue to deepen main business operations, increase R&D efforts to build technological barriers, promote product iteration and category extension to expand growth space, deepen global deployment to explore new markets, improve talent incentives and corporate governance to activate development momentum. With solid operational performance and steady growth, the company aims to give back to investors’ trust and support. Riding the dual opportunities of semiconductor industry recovery and accelerated domestic substitution, Tiande Yu, with its high-quality customer resources, comprehensive product matrix, and strong profitability resilience, has the core confidence to navigate industry cycles and achieve sustained growth.

Final remarks

Centered on the core of integrated circuit design, Tiande Yu’s long-term development is already mapped out: the company will continue to focus on its main business, strengthen R&D to establish technological barriers, push product upgrades and category extensions to broaden growth, deepen global expansion to tap into new markets, and improve talent incentives and corporate governance to energize development. With solid performance and stable growth, it aims to reward investors’ trust and commitment. In the context of industry recovery and domestic substitution acceleration, Tiande Yu’s strong customer base, complete product lineup, and resilient profitability provide the core strength to withstand industry cycles and sustain growth. For the capital market, this domestic chip company with industry benefits, strong core competitiveness, and high growth certainty is worth continuous tracking and close attention.