BASICSEMI (09971) saw its share price jump nearly 8% during intraday trading on Thursday. As of the latest update, gains have moderated, with the stock trading up 3.12% at HK$44.90, on turnover of HK$10.64 million.

The company recently posted its interim results, reporting first-half revenue of RMB 121 million, a 15.5% year-on-year increase. Gross margin improved significantly by 31.6 percentage points, achieving a pivotal milestone of turning gross margin positive during the period.

During the reporting period, revenue from industrial-grade silicon carbide power modules surged 2825.1% year-on-year, while SiC MOSFET revenue jumped 582.3%. This translates to a combined year-on-year growth of approximately 876% for industrial modules and SiC MOSFETs, with their combined revenue share rapidly climbing from roughly 3.6% to 30.5% of total revenue.

Notably, at the 2026 World Robot Conference, BASICSEMI officially signed a strategic cooperation agreement with UBTech Robotics, often referred to as the "first stock in humanoid robotics." The two parties will collaborate deeply on the application of silicon carbide power devices in embodied intelligent humanoid robots, developing low-power, high-endurance solutions for scenarios such as power management and motion control.