**Megvii Technology**'s net profit attributable to the parent company in the first half of the year was ¥6.857 billion, a year-on-year increase of 1091.5%.

BlockBeats News, August 18th, China's leading semiconductor design company GigaDevice Semiconductor Inc. released its semi-annual report, achieving operating income of 11.566 billion yuan, a year-on-year increase of 178.67%; net profit attributable to the company's shareholders was 6.857 billion yuan, a year-on-year increase of 1091.5%. Net profit in Q2 was 5.396 billion yuan, net profit in Q1 was 1.461 billion yuan, and Q2 net profit increased by 269% compared to Q1.