Group 1 - The CPO concept sector led the market with an increase of 1.44% on October 16 [1] - Key companies in this sector include Juguang Technology, which rose by 4.98%, and Shijia Photon, which increased by 4.47% [1] - Other notable performers include Zhongji Xuchuang with a rise of 4.01%, and Changxin Bochuang, Xinyi Sheng, and Woge Optoelectronics, all of which saw gains exceeding 2% [1]

Group 1 - The core point of the news is that Shijia Photon has seen a stock price increase of 5.04%, reaching 68.83 CNY per share, with a trading volume of 478 million CNY and a turnover rate of 1.54%, resulting in a total market capitalization of 31.579 billion CNY [1] - Shijia Photon, established on October 26, 2010, and listed on August 12, 2020, is located in Hebi City, Henan Province. The company specializes in optical chips and devices, indoor optical cables, and cable materials, with its main products including PLC splitter chips, AWG chips, DFB laser chips, optical fiber connectors, indoor optical cables, and cable materials [1] - The revenue composition of Shijia Photon is as follows: optical chips and devices account for 70.52%, indoor optical cables for 15.11%, cable polymer materials for 12.66%, and other supplementary products for 1.72% [1] Group 2 - From the perspective of fund holdings, Huafu Fund has a significant position in Shijia Photon, with the Huafu Quantum Vitality Mixed A Fund (410009) holding 16,800 shares, representing 5.12% of the fund's net value, making it the second-largest holding [2] - The Huafu Quantum Vitality Mixed A Fund, established on April 1, 2011, has a latest scale of 11.011 million CNY and has achieved a year-to-date return of 52.66%, ranking 684 out of 8161 in its category. Over the past year, it has returned 61.63%, ranking 606 out of 8021, and since inception, it has returned 41.81% [2] Group 3 - The fund manager of Huafu Quantum Vitality Mixed A Fund is Wang Yiwei, who has been in the position for 3 years and 354 days. The total asset size of the fund is 422 million CNY, with the best return during his tenure being 81.97% and the worst return being -32.32% [3]

Core Viewpoint - The company is experiencing rapid growth in overseas revenue, with a diversified income source from Southeast Asia, Europe, and the United States, which helps mitigate risks associated with regional policy fluctuations [2]. Group 1: Overseas Revenue Growth - The company's overseas revenue is characterized by diversification, with ongoing expansion in Southeast Asia and Europe [2]. - The U.S. subsidiary primarily focuses on overseas market development and technical support [2]. Group 2: Response to Trade Policies - The company is actively responding to changes in international trade policies through various measures, including enhancing production capacity in Thailand, applying for off-site bonded processing trade permits, optimizing supply chain layouts, cost control, and business negotiations [2]. - Future strategies will involve continuous monitoring of tariff policies and market changes to dynamically adjust responses and ensure stable business development [2].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688313 证券简称：仕佳光子 公告编号：2025-042 河南仕佳光子科技股份有限公司 本次业绩说明会以网络文字互动形式召开，公司将针对2025年半年度暨第三季度的经营成果及财务指标 的具体情况与投资者进行交流和沟通，在信息披露允许的范围内就投资者普遍关注的问题进行回答。 关于召开2025年半年度暨第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 会议召开时间：2025年10月21日(星期二)下午16:00-17:00 会议召开地点：上海证券交易所上证路演中心（https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络文字互动 投资者可于2025年10月14日(星期二)至10月20日(星期一)16:00前登录上证路演中心网站首页点击"提问 预征集"栏目或通过公司邮箱ir@sjphotons.com进行提问。公司将在业绩说明会上对投资者普遍关注的问 题进行回答。 河南仕佳光子科技股份有限公 ...

证券代码：688313 证券简称：仕佳光子 公告编号：2025-042 河南仕佳光子科技股份有限公司 关于召开2025 年半年度暨第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 会议召开时间：2025 年 10 月 21 日(星期二)下午 16:00-17:00 会议召开地点：上海证券交易所上证路演中心（https://roadshow.sseinfo.c om/） （三）会议召开方式：上证路演中心网络文字互动 会议召开方式：上证路演中心网络文字互动 投资者可于 2025 年 10 月 14 日(星期二)至 10 月 20 日(星期一)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ir@sjphotons.co m 进行提问。公司将在业绩说明会上对投资者普遍关注的问题进行回答。 河南仕佳光子科技股份有限公司（以下简称"公司"）已于 2025 年 7 月 30 日 发布公司《2025 年半年度报告》，将于 2025 年 10 月 17 日发布公司《20 ...

Investment Rating - The report suggests to continue focusing on investment opportunities within the communication industry [2] Core Insights - The communication industry showed steady revenue growth and accelerated profitability in H1 2025, with total revenue reaching 1785.003 billion yuan, a year-on-year increase of 10.07%, and net profit attributable to shareholders at 160.432 billion yuan, up 11.26% year-on-year [4][7] - The AI computing industry chain is expected to continue accelerating its development in 2025, benefiting the communication industry [17][19] Summary by Sections H1 2025 Performance Overview - The communication industry achieved a total revenue of 1785.003 billion yuan in H1 2025, with a year-on-year growth of 10.07%, and a net profit of 160.432 billion yuan, reflecting an 11.26% increase [4][7] Segment Performance Changes - In H1 2025, the optical module and device segment reported revenue of 47.988 billion yuan, a year-on-year increase of 64.88%, and net profit of 10.876 billion yuan, up 111.99% [25] - The communication PCB segment achieved revenue of 57.249 billion yuan, a year-on-year increase of 37.66%, and net profit of 8.058 billion yuan, up 80.79% [31] - The network equipment segment generated revenue of 507.111 billion yuan, a year-on-year increase of 28.86%, with net profit of 19.184 billion yuan, up 19.57% [37] AI Industry Chain Investment - Major overseas cloud companies are expected to maintain optimistic growth in capital expenditures, with a total of 95 billion USD in Q2 2025, reflecting an 82.96% year-on-year increase [17] - Companies like Oracle and Nvidia are showing strong growth prospects in their AI-related businesses, with Oracle's unfulfilled revenue reaching 455 billion USD, a year-on-year increase of 359% [22][19]

Core Insights - Silicon photonics technology is transitioning from laboratory research to market applications, integrating traditional photonic devices with mature silicon semiconductor processes to achieve high-speed, low-power, and highly integrated optical signal processing and transmission [1][2] - The demand for silicon photonics is shifting from incremental to explosive growth, driven by the exponential increase in bandwidth requirements from artificial intelligence, with 200G/channel links expected to become mainstream by 2026-2027 [1][2] Industry Overview - The silicon photonics industry has established a complete value chain consisting of upstream support, midstream manufacturing, and downstream application expansion [3] - Key components in the upstream include high-quality silicon-based materials, advanced lithography equipment, and specialized electronic design automation (EDA) software, which are essential for silicon photonics chip development [3] Market Participants - Major players in the silicon photonics industry include vertical integrators like Cisco and Marvell, startups such as Xphor and Lightmatter, and research institutions like Stanford and MIT [4] Milestones - On September 11, a national innovation center in China released a fully domestic 12-inch silicon photonics process design kit (PDK), marking a significant step towards standardized mass production of silicon photonics chips in the country [5] Domestic Market Dynamics - Domestic companies are forming a competitive landscape in the silicon photonics market, leveraging technological advancements and product positioning to capture market share [6] Company Performance - NewEase achieved a revenue of 10.437 billion yuan in the first half of 2025, a year-on-year increase of 282.96%, driven by the demand for high-speed optical modules [8][9] - Zhongji Xuchuang reported a revenue of 14.789 billion yuan in the first half of 2025, a 36.95% increase year-on-year, benefiting from its early entry into the 800G optical module market [10] - Tianfu Communication generated 2.456 billion yuan in revenue in the first half of 2025, reflecting a 57.84% year-on-year growth, supported by the AI industry's development [11][12] - Hengtong Optic-Electric reported a revenue of 32.049 billion yuan in the first half of 2025, a 20.42% increase year-on-year, maintaining its competitive edge through a full industry chain layout [13][14] - Shijia Photonics achieved a revenue of 999.3 million yuan in the first half of 2025, a 121.12% increase year-on-year, with significant growth in overseas markets [17][18] Challenges Ahead - The silicon photonics industry faces challenges such as technological diversity and the lack of standardization, which complicate the industrialization process and increase resource investment for customized development [19] - Reliability and lifespan testing are critical, as silicon photonics devices must meet stringent performance requirements in complex environments like data centers [20]

Group 1 - The company plans to acquire equity in Dongguan Fokexima Communication Technology Co., Ltd. through a combination of issuing shares and cash payment, which will make Fokexima a controlling subsidiary of the company [2] - The transaction is expected to be classified as a related party transaction but will not constitute a major asset restructuring or a restructuring listing [2] - The company's stock was suspended from trading on June 30, 2025, and is expected to resume trading on July 11, 2025, following the approval of related proposals by the board of directors [3][4] Group 2 - The company is actively communicating with all parties involved in the transaction and is progressing with due diligence, auditing, and evaluation work [5] - The company will fulfill its information disclosure obligations in accordance with relevant laws and regulations as the transaction progresses [5]

Core Viewpoint - The company, Shijia Photon, announced plans to acquire equity in Dongguan Fokexima Communication Technology Co., Ltd. through a combination of share issuance and cash payment, which will result in Fokexima becoming a controlling subsidiary of the listed company [1] Group 1 - The transaction is expected to be classified as a related party transaction but will not constitute a major asset restructuring or a restructuring listing [1] - As of the date of the announcement, the company is actively communicating with all parties involved in the transaction and is progressing with related work [1] - Due diligence, auditing, and evaluation processes related to the transaction are ongoing and being conducted in an orderly manner [1]

证券代码：688313 证券简称：仕佳光子 公告编号：2025-041 河南仕佳光子科技股份有限公司 关于发行股份及支付现金购买资产并募集配套资金暨 关联交易事项的进展公告 2025 年 7 月 10 日，公司召开第四届董事会第六次会议，审议通过了《关于 公司<发行股份及支付现金购买资产并募集配套资金暨关联交易预案>及其摘要 的议案》等与本次交易相关的议案，具体内容详见公司于 2025 年 7 月 11 日在 上海证券交易所网站（www.sse.com.cn）披露的《河南仕佳光子科技股份有限 公司发行股份及支付现金购买资产并募集配套资金暨关联交易预案》及相关公 告。根据上海证券交易所的相关规定，经公司申请，公司股票将于 2025 年 7 月 11 日（星期五）开市起复牌。 同日，经公司向上海证券交易所申请，公司股票（证券简称：仕佳光子， 证券代码：688313）于 2025 年 7 月 11 日（星期五）开市起复牌。具体内容详 见公司于 2025 年 7 月 11 日在上海证券交易所网站（www.sse.com.cn）披露的 《关于披露发行股份及支付现金购买资产并募集配套资金暨关联交易预案的一 般风险提示暨公 ...