On the afternoon of August 6, Gigadevice Semiconductor Inc. (603986.SH) disclosed in a regulatory filing that as of July 31, Ge Weidong and Wang Ping held 16.45 million and 8.6 million shares respectively, representing 2.34% and 1.23% of the company's total shares.
Compared to the end of the first quarter, when they held 16.26 million and 7.57 million shares, their respective holdings increased by 185,100 and 1.03 million shares. According to public information, Ge Weidong is the head of Chaos Investment and a well-known investor, and he is married to Wang Ping.
Based on the company's closing price of 385 yuan per share, Ge Weidong's stake in Gigadevice Semiconductor Inc. is valued at approximately 6.332 billion yuan, while Wang Ping's stake is worth about 3.311 billion yuan, bringing their combined holdings to roughly 9.643 billion yuan. As of July 31, the total value of their increased holdings from the end of the first quarter amounted to 434 million yuan.
Ge Weidong first appeared on the list of top ten tradable shareholders of Gigadevice Semiconductor Inc. at the end of the second quarter of 2018, holding 2.52 million shares as the company's eighth-largest tradable shareholder. Throughout the period, regardless of the volatility in the stock's price, he maintained his position. At the end of the first quarter, the stock price was below 250 yuan per share, but it later surged to over 846 yuan per share by late June.
Ge Weidong once shared his trading philosophy: "Stay still until the moment is right, then strike with certainty." He emphasized that investing requires a lion-like personality, with patience and the ability to wait. Following a broad sell-off in tech stocks, Ge Weidong posted on his social media on July 29, expressing his firm belief in AI. He stated, "I believe it's not over. After all, this is the path closest to God. Who would stop? Anyone who stops will face a dimensionality reduction attack! This is most clear to top AI talent in Silicon Valley and China."
Financial reports show that in the first quarter of 2026, Gigadevice Semiconductor Inc. reported revenue of 4.188 billion yuan, a year-over-year increase of 119.38%, and net profit attributable to shareholders of 1.461 billion yuan, a year-over-year increase of 522.79%. The company expects first-half 2026 revenue to be approximately 11.5 billion yuan, a year-over-year increase of about 177%, and net profit attributable to shareholders to be around 6.9 billion yuan, a year-over-year increase of about 1,099%.
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