On August 21, Hang Seng Indexes Company unveiled the results of its quarterly index review as of June 30, 2026, revealing that AXERA (00600), a global leader in AI inference system-on-chip (SoC) solutions, has been added to the Hang Seng Composite Index. The index adjustment is scheduled to take effect on September 7, prompting the Shanghai and Shenzhen stock exchanges to correspondingly update the eligible securities list for Stock Connect. According to forecasts from LiveReport Big Data, a total of 53 stocks, including AXERA, are expected to officially enter the Stock Connect program starting September 7, 2026.
This inclusion in the Hang Seng Composite Index, with the anticipated simultaneous qualification as a Stock Connect target, marks another significant milestone for AXERA in the capital markets since its debut on the Hong Kong Stock Exchange on February 10. This development not only underscores the recognition of AXERA's investment value and market standing by the authoritative index system of Hong Kong's capital market but also aids in broadening its shareholder base and attracting a wider pool of investors, potentially enhancing the company's liquidity and valuation.
Public records indicate that AXERA Semiconductor Co., Ltd., founded in May 2019, stands as a premier global provider of AI inference SoCs, committed to building advanced AI computing infrastructure and accelerating the adoption of artificial intelligence technologies. Technological innovation serves as the core driver of AXERA's growth, with continuous iterations of its proprietary intellectual properties, including the AXNeutron NPU and AXProton AI-ISP. The AXNeutron mixed-precision neural network processor leverages an advanced mixed-precision computing architecture to deliver exceptional AI inference performance. Complementing this, the AXProton AI-ISP, recognized as the world's first AI image signal processor to achieve large-scale commercial deployment, optimizes visual data in real-time at the pixel level, consistently producing high-quality imaging output even under demanding operational conditions.
Centering on its chip products, AXERA provides partners with comprehensive, systematic solutions, facilitating the rapid deployment of cutting-edge technologies. The company has charted a complete product roadmap spanning vision terminals, edge computing, and intelligent vehicles, catering to multi-tiered market segments and diverse customer requirements. According to AXERA's first-half 2026 performance report, the company achieved a remarkable 181.8% year-on-year revenue growth during the reporting period, with average gross margin also improving significantly to 29%.
In terms of ecosystem strategy, AXERA leverages its steadily growing terminal business as a foundational base, progressively constructing an integrated "edge-vehicle-terminal" product framework for synergistic development. During the first half of the year, all three major business segments advanced in tandem: the edge AI business surged 251.9% year-on-year, the intelligent vehicle business climbed 252.1%, and the terminal business grew 169.5%.