Accotest Gains Momentum Amidst a Surge in Semiconductor Equipment Stocks
Accotest, a Beijing‑based test and control technology company listed on the Shanghai Stock Exchange, experienced a notable rise in its share price as the broader semiconductor equipment sector rallied on 10 February 2026. The company’s closing price for the day was CNY 267.21, up from a 52‑week low of CNY 116.11 and approaching its 52‑week high of CNY 312.89.
Market Context
On 9–10 February, several key semiconductor equipment names posted double‑digit gains. In particular, 华峰测控 (Huafeng Test & Control) and 微导纳米 (Wegatech Nano) each rose more than 10 percent, while other peers such as 福光股份 (Fuguang Co., Ltd.), 永新光学 (Yongxin Optics), 京仪装备 (Jingyi Equipment) and 光力科技 (Guangli Technology) also saw upward movement.
The semiconductor industry association (SIA) reported that total sales in 2025 reached US$79.17 billion, with a forecasted 26 % increase for 2026. The SIA CEO emphasized that the industry has surpassed the US$1 trillion milestone at a faster rate than originally anticipated.
Simultaneously, several sector‑specific exchange‑traded funds (ETFs) reflected the bullish sentiment. The 科创半导体ETF (588170) saw its assets under management grow by CNY 3.38 billion in the preceding month, while the 半导体设备ETF (华夏 562590) experienced a net outflow of CNY 3.78 million. Nevertheless, the overall trend remained positive, with the ETF’s latest price at CNY 1.77 and CNY 1.92 respectively.
Accotest’s Performance
Accotest’s share price benefited from the broader sector rally, moving from CNY 260.00 at the open to CNY 267.21 at close. The company’s market capitalization stood at approximately CNY 36.22 billion, and its price‑to‑earnings ratio was 44.1. The company’s revenue and earnings fundamentals have remained stable, with a reported 52‑week high that suggests a favorable valuation for investors seeking exposure to the testing and control segment of the semiconductor supply chain.
Implications for Investors
The sharp uptick in semiconductor equipment stocks signals renewed investor confidence in the industry’s growth trajectory, driven by both domestic demand for advanced chips and the global push toward semiconductor equipment localization. Accotest, positioned as a provider of testing and control solutions, is likely to benefit from increased orders for its equipment as manufacturers expand production capacities and adopt more sophisticated fabrication processes.
The recent performance indicates that Accotest could serve as a viable investment vehicle for those seeking exposure to the semiconductor equipment space, particularly within the context of China’s strategic emphasis on technological self‑reliance.
