Market cap rankings ／ By theme ／ Domestic Substitution
Domestic Substitution Companies
Domestic Substitution · Companies by Market Cap (October 31, 2026)
| # | Company | Market | Market cap | % of theme | Today | 30 days | Close | Segment |
|---|---|---|---|---|---|---|---|---|
| 1 |  Cambricon 688256 | SH | $82.9B | 16.9% | -3.61% | 880.00 CNY | GPU & AI Chips | |
| 2 |  Hygon 688041 | SH | $59.2B | 12.1% | -8.44% | 170.20 CNY | GPU & AI Chips | |
| 3 |  NAURA Technology 002371 | SZ | $52.2B | 10.7% | -3.73% | 478.74 CNY | Semiconductor Equipment | |
| 4 |  AMEC 688012 | SH | $30.7B | 6.3% | -5.86% | 213.69 CNY | Semiconductor Equipment | |
| 5 |  Montage Technology 688008 | SH | $28.9B | 5.9% | -5.09% | 158.30 CNY | GPU & AI Chips | |
| 6 |  GigaDevice 603986 | SH | $27.2B | 5.6% | -6.59% | 257.80 CNY | Memory / HBM | |
| 7 |  Piotech 688072 | SH | $17.8B | 3.6% | -7.37% | 407.73 CNY | Semiconductor Equipment | |
| 8 |  Hangzhou Changchuan Technology 300604 | SZ | $16.4B | 3.3% | -5.95% | 168.28 CNY | Semiconductor Equipment | |
| 9 |  Longsys 301308 | SZ | $14.6B | 3.0% | -4.22% | 212.17 CNY | Memory / HBM | |
| 10 |  JCET Group 600584 | SH | $13.1B | 2.7% | -5.53% | 49.00 CNY | Foundry & OSAT | |
| 11 |  Hwatsing Technology 688120 | SH | $12.5B | 2.6% | -7.62% | 163.45 CNY | Semiconductor Equipment | |
| 12 |  ACM Research Shanghai 688082 | SH | $12.0B | 2.5% | -8.89% | 165.63 CNY | Semiconductor Equipment | |
| 13 |  Shenzhen Demingli 001309 | SZ | $10.0B | 2.0% | -2.64% | 209.71 CNY | Memory / HBM | |
| 14 |  Tongfu Microelectronics 002156 | SZ | $9.7B | 2.0% | -3.67% | 40.72 CNY | Foundry & OSAT | |
| 15 |  Biwin Storage Technology 688525 | SH | $9.3B | 1.9% | -5.31% | 130.77 CNY | Memory / HBM | |
| 16 |  Ingenic Semiconductor 300223 | SZ | $8.5B | 1.7% | -1.83% | 109.61 CNY | Memory / HBM | |
| 17 |  Nexchip Semiconductor 688249 | SH | $8.2B | 1.7% | -6.56% | 24.35 CNY | Foundry & OSAT | |
| 18 |  VeriSilicon 688521 | SH | $7.7B | 1.6% | -9.43% | 98.19 CNY | EDA & Semiconductor IP | |
| 19 |  Huatian Technology 002185 | SZ | $7.5B | 1.5% | -1.12% | 15.00 CNY | Foundry & OSAT | |
| 20 |  Empyrean Technology 301269 | SZ | $7.1B | 1.4% | -11.80% | 86.17 CNY | EDA & Semiconductor IP | |
| 21 |  Shannon Xinchuan 300475 | SZ | $6.6B | 1.4% | -6.54% | 94.03 CNY | Memory / HBM | |
| 22 |  Beijing Huafeng Test 688200 | SH | $6.1B | 1.2% | -9.15% | 201.89 CNY | Semiconductor Equipment | |
| 23 |  Kingsemi 688037 | SH | $5.7B | 1.2% | -12.71% | 187.00 CNY | Semiconductor Equipment | |
| 24 |  Loongson Technology 688047 | SH | $4.9B | 1.0% | -8.54% | 82.07 CNY | GPU & AI Chips | |
| 25 |  Shenyang Fortune Precision 688409 | SH | $4.6B | 0.9% | -8.64% | 100.71 CNY | Semiconductor Equipment | |
| 26 |  Wuhan Jingce Electronic 300567 | SZ | $4.3B | 0.9% | -8.25% | 103.68 CNY | Semiconductor Equipment | |
| 27 |  Shanghai Wanye Enterprises 600641 | SH | $4.1B | 0.8% | -9.31% | 28.73 CNY | Semiconductor Equipment | |
| 28 |  Jingjia Micro 300474 | SZ | $3.5B | 0.7% | -4.17% | 45.00 CNY | GPU & AI Chips | |
| 29 |  Giantec Semiconductor 688123 | SH | $2.4B | 0.5% | -7.27% | 99.55 CNY | Memory / HBM | |
| 30 |  Ningbo Yongsi Electronics 688362 | SH | $2.4B | 0.5% | -8.66% | 34.81 CNY | Foundry & OSAT | |
| 31 |  Primarius Technologies 688206 | SH | $2.3B | 0.5% | -7.47% | 29.50 CNY | EDA & Semiconductor IP | |
| 32 |  Intellifusion 688343 | SH | $2.3B | 0.5% | -9.79% | 43.10 CNY | GPU & AI Chips | |
| 33 |  Shanghai Gentech 688596 | SH | $1.7B | 0.3% | -9.41% | 35.52 CNY | Semiconductor Equipment | |
| 34 |  Semitronix 301095 | SZ | $1.6B | 0.3% | -6.36% | 52.27 CNY | EDA & Semiconductor IP | |
| 35 |  Shanghai PNC Process Systems 603690 | SH | $982M | 0.2% | -4.83% | 17.13 CNY | Semiconductor Equipment |
The Domestic Substitution theme covers 35 companies across the AI compute value chain, with a combined market cap of $489.0 billion ($489.0B) — 2.3% of the $20.84T tracked chain-wide, spanning 5 segments.
These companies are concentrated in: GPU & AI Chips (37.2%), Semiconductor Equipment (34.6%), Memory / HBM (16.1%).
"% of theme" is the company's share of the theme's combined market cap; the "Segment" column links to each segment ranking. A company may belong to multiple themes (e.g. both GPU & AI Chips and AI ASIC), enabling cross-segment discovery.