CXMT Corporation stock falls 1.37 percent as expansion plan emerges

Published on 10/04/2026 at 11:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CXMT Corporation stock stood at CNY 54.79 on September 30 while a CNY 34.9 billion capacity plan gained attention. First-half revenue reached CNY 150.31 billion, up 873.64 percent year over year.

CXMT Corporation, CNE100007WP2, Illustration mit AI erstellt.

CXMT Corporation (CNE100007WP2) fell 1.37 percent to CNY 54.79 on the Shanghai Stock Exchange on September 30, as investors assessed a CNY 34.9 billion production expansion plan. The proposal adds capital intensity to a company whose first-half revenue already reached CNY 150.31 billion.

Expansion plan raises the stakes

As IBTimes Australia reported on October 1, 2026, CXMT plans to invest CNY 34.9 billion in production capacity, with domestic equipment suppliers expected to receive a substantial share of the spending. The plan includes CNY 24.1 billion for technology research and development and CNY 10.8 billion for a second wafer-testing base, according to the report.

The spending decision matters because memory manufacturing requires sustained investment before additional wafer output translates into sales. CXMT's stock remains 11.34 percent below its 52-week high of CNY 61.80, while its CNY 38.11 low defines a wide 52-week trading range.

G5 platform improves output potential

The expansion follows a technology milestone announced on September 20, 2026. Reuters reported that CXMT's fifth-generation DRAM platform entered mass production and that the company unveiled two 24-gigabit LPDDR5X products.

CXMT said the G5 platform can produce at least 50 percent more gross chip dies per wafer than its fourth-generation platform. That comparison gives investors a measurable operating rationale for the capacity push, although execution and demand will determine how quickly the additional output becomes profit.

Revenue growth sets a high bar

Global Times reported on September 7, 2026, that CXMT's first-half 2026 operating revenue rose 873.64 percent year over year to CNY 150.31 billion. Net profit attributable to shareholders reached CNY 77.605 billion, compared with a loss in the year-earlier period.

The figures show why the expansion plan carries both opportunity and execution risk: CXMT is scaling from a much larger earnings base while funding new technology and testing infrastructure. Its DRAM specialization covers mobile devices, PCs, tablets, servers and other applications.

Stock remains below its yearly high

CXMT Corporation stock was at CNY 54.79 at the September 30, 2026 official close on the Shanghai Stock Exchange, down CNY 0.76 from the prior close. Trading volume was 116,869,999 shares, and the session range was CNY 54.38 to CNY 55.85.