Core Viewpoint - The performance forecasts for the leading CPO companies in A-shares, namely Zhongji Xuchuang, Xinyi Sheng, and Tianfu Communication, indicate significant growth in net profits for 2025, driven by strong demand in the AI and data center sectors [1][5][7]. Group 1: Company Performance Forecasts - Zhongji Xuchuang (300308.SZ) expects a net profit of 9.8 billion to 11.8 billion yuan for 2025, representing a year-on-year increase of 89.50% to 128.17% [7]. - Xinyi Sheng (300502.SZ) anticipates a net profit of 9.4 billion to 9.9 billion yuan for 2025, reflecting a growth of 231.24% to 248.86% compared to the previous year [9]. - Tianfu Communication (300394.SZ) projects a net profit of 1.881 billion to 2.150 billion yuan for 2025, indicating a year-on-year increase of 40% to 60% [11]. Group 2: Market Performance - As of January 30, 2025, the stock prices of Zhongji Xuchuang, Xinyi Sheng, and Tianfu Communication have seen substantial increases over the past year, with growth rates of 468%, 368%, and 248% respectively [2][12]. - On January 30, 2025, the CPO sector experienced a collective surge, with stocks like Jieput and Zhishang Technology hitting a 20% limit up, and Tianfu Communication rising nearly 17% during trading [2][3]. Group 3: Industry Trends and Catalysts - The AI industry is witnessing a surge in positive developments, with new models and technologies being released, which is expected to further stimulate market enthusiasm and demand for computing power [16]. - Market research indicates that the revenue for optical modules driven by AI is projected to exceed $18 billion by 2025, with related optical modules expected to reach nearly $6 billion [16].

Core Viewpoint - The article highlights the strong performance and optimistic earnings forecasts of leading CPO companies in the A-share market, specifically Zhongji Xuchuang, Xinyi Sheng, and Tianfu Communication, collectively referred to as "Yizhongtian" [1][5]. Group 1: Company Performance - Zhongji Xuchuang (300308.SZ) expects a net profit of 9.8 billion to 11.8 billion yuan for 2025, representing a year-on-year growth of 89.50% to 128.17% [6]. - Xinyi Sheng (300502.SZ) anticipates a net profit of 9.4 billion to 9.9 billion yuan for 2025, with a projected increase of 231.24% to 248.86% compared to the previous year [8]. - Tianfu Communication (300394.SZ) forecasts a net profit of 1.881 billion to 2.150 billion yuan for 2025, indicating a growth of 40.00% to 60.00% year-on-year [10]. Group 2: Market Trends - As of January 30, 2023, the stock prices of the three leading CPO companies have seen significant increases over the past year, with Zhongji Xuchuang up 468%, Xinyi Sheng up 368%, and Tianfu Communication up 248% [2]. - The CPO sector experienced a collective surge on January 30, with stocks like Jieput and Zhishang Technology hitting a 20% limit up, and Tianfu Communication seeing a nearly 17% intraday increase [2][3]. Group 3: Industry Catalysts - The growth in the CPO sector is supported by the AI industry's development and increased investment in computing power infrastructure, which has led to a surge in demand for high-speed optical devices [4][12]. - A report from CignalAI predicts that the revenue for the optical module market driven by AI will exceed $18 billion by 2025, with related optical modules reaching nearly $6 billion [13].

Core Viewpoint - As of January 30, 2025, a total of 3,056 A-share listed companies have disclosed their earnings forecasts, with 1,095 companies expecting positive results, indicating a recovery in various industries such as non-ferrous metals, automotive, chemicals, and semiconductors [1][2][7]. Group 1: Earnings Forecasts - 1,095 companies are expected to report positive earnings, with 83 showing slight increases, 374 turning losses into profits, 13 maintaining profitability, and 625 forecasting significant growth [8]. - Among the companies with significant growth, Ningbo Fubang expects a net profit of 50 million to 70 million yuan, representing a year-on-year increase of 3,099.59% to 4,379.43% [1][8]. - 619 companies anticipate a net profit of over 100 million yuan, with 136 expecting over 1 billion yuan, including major firms like Zijin Mining and China Shenhua [2][8]. Group 2: Industry Performance - The non-ferrous metals, automotive, chemicals, and semiconductor industries are showing signs of recovery, with leading companies performing particularly well [2][9]. - Companies such as Shandong Gold and Western Gold are forecasting significant profit increases, with Shandong Gold expecting a net profit of 4.6 billion to 4.9 billion yuan, a year-on-year increase of 56% to 66% [12]. - East China Semiconductor reported that niche memory prices are rising due to supply constraints, positively impacting their business outlook [9]. Group 3: Specific Company Highlights - Zhongji Xuchuang expects a net profit of 9.8 billion to 11.8 billion yuan, a year-on-year increase of 89.5% to 128.17%, driven by strong demand for computing infrastructure [3][10]. - New Yisheng anticipates a net profit of 9.4 billion to 9.9 billion yuan, reflecting a growth of 231.24% to 248.86% due to increased demand for high-speed products [10]. - Tianfu Communication forecasts a net profit of approximately 1.88 billion to 2.15 billion yuan, a year-on-year increase of 40% to 60%, benefiting from the growth of the AI industry and global data center construction [11].

1月30日周五晚间，随着中际旭创与新易盛相继披露2025年度业绩预告，A股CPO概念龙头——"易中天"2025年全年的业绩预喜格局正 式出炉。 公告数据显示，三家公司2025年归属于上市公司股东的净利润预计均实现同比大幅增长，其中新易盛增长幅度最为亮眼，全年净利润 为上年的三倍以上，中际旭创预计的年度最高净利较上年翻一倍，天孚通信上周披露，预计净利润稳步增长40%以上。 三家公司的业绩预告反映出，高速光模块与光器件产业链在全球人工智能（AI）算力建设浪潮中持续受益的逻辑。作为细分赛道龙 头，中际旭创和新易盛在高速率产品供需紧俏的大背景下收入与利润双向提升；天孚通信则凭借产品线多元性和制造效率稳健增长。 在全球数据中心建设与AI基础设施升级持续推进的背景下，"易中天"业绩预喜体现出CPO及光通信细分赛道的高景气成长性，也为行 业整体在2026年开局提供了"成绩单级"数据。CPO概念本周五集体走强。当日中际旭创收涨逾5.7%，新易盛涨逾6.7%，天孚通信涨 10.9%。 中际旭创：高端光模块驱动营收与利润"双驱动" 据公司公告，中际旭创2025年归属于上市公司股东的净利润预计为9.80亿元–11.80亿元人民币， ...

新易盛公告，预计2025年度净利润为94亿元至99亿元，同比增长231.24%至248.86%。报告期内公司受 益于算力投资持续增长，高速率产品需求快速提升，公司预计销售收入和净利润较上年同期大幅增加。 ...

格隆汇1月30日丨新易盛(300502.SZ)公布，预计2025年归属于上市公司股东的净利润94亿元～99亿元， 比上年同期增长231.24%～248.86%，扣除非经常性损益后的净利润93.67亿元～98.67亿元，比上年同期 增长231.02%～248.69%。 报告期内公司受益于算力投资持续增长，高速率产品需求快速提升，公司预计销售收入和净利润较上年 同期大幅增加。预计本报告期非经常性损益对公司净利润的影响约为3,300万元。 ...

【#新易盛预计2025年净利润近百亿#】1月30日，新易盛公告称，预计2025年归属于上市公司股东的净 利润为94亿元至99亿元，比上年同期增长231.24%至248.86%。报告期内，受益于算力投资持续增长， 高速率产品需求快速提升，公司销售收入和净利润大幅增加。（每经，德塔） ...

Group 1 - Guangdong Mingzhu expects a net profit increase of 2908.49%-3577.04% year-on-year for 2025 [1] - Sainuo Medical anticipates a net profit growth of 2767%-3233% year-on-year for 2025 [1] - Lingdian Electric Control forecasts a net profit rise of 640.16%-804.64% year-on-year for 2025 [1] - Bojie Co. predicts a net profit increase of 484.16%-618.97% year-on-year for 2025 [1] - Kexing Pharmaceutical expects a net profit growth of 328.83%-455.89% year-on-year for 2025 [1] - Xiangcai Co. anticipates a net profit increase of 266.41%-403.81% year-on-year for 2025 [1] - Xinyi Sheng forecasts a net profit rise of 231.24%-248.86% year-on-year for 2025 [1] - Tongzhou Electronics predicts a net profit increase of 151.40%-230.42% year-on-year for 2025 [1] - Zhaofeng Co. expects a net profit growth of 136.26%-164.89% year-on-year for 2025 [1] - Kaige Precision Machinery anticipates a net profit increase of 133.99%-193.55% year-on-year for 2025 [1] - Sankeshu forecasts a net profit rise of 128.96%-189.21% year-on-year for 2025 [1] - Huazi Industrial expects a net profit growth of 128.00%-167.00% year-on-year for 2025 [1] - Zhite New Materials anticipates a net profit increase of 117.11%-171.39% year-on-year for 2025 [1] - Ecovacs expects a net profit growth of 110.90%-123.30% year-on-year for 2025 [1] - Jingquan Hua forecasts a net profit increase of 109.32%-140.72% year-on-year for 2025 [1] - Guoxuan High-Tech anticipates a net profit rise of 107.16%-148.59% year-on-year for 2025 [1] - Changjiang Securities expects a net profit growth of 101.37% year-on-year for 2025 [1] - Shanwaishan forecasts a net profit increase of 98%-125% year-on-year for 2025 [1] - Zhongji Xuchuang anticipates a net profit rise of 89.50%-128.17% year-on-year for 2025 [1] - Huachuang Yuxin expects a net profit growth of 86%-175% year-on-year for 2025 [1] - Kori Technology forecasts a net profit increase of 68.61%-115.25% year-on-year for 2025 [1] - Western Gold anticipates a net profit rise of 67.58%-93.21% year-on-year for 2025 [1] - Shandong Gold expects a net profit growth of 56%-66% year-on-year for 2025 [1] - Huaxi Biological anticipates a net profit increase of 54.93%-83.63% year-on-year for 2025 [1] - Nairui Radar expects a net profit growth of approximately 54.16% year-on-year for 2025 [1] - Lingyun Optical anticipates a net profit rise of approximately 50.75% year-on-year for 2025 [1] - Zhongjin Company expects a net profit increase of 50%-85% year-on-year for 2025 [1] - Dongwu Securities forecasts a net profit growth of 45%-55% year-on-year for 2025 [1] - Longping High-Tech anticipates a net profit increase of 14.17%-66.86% year-on-year for 2025 [1] Group 2 - Jiangfeng Electronics expects a net profit increase of 7.5%-27.5% year-on-year for 2025 [2]

业绩预告的核心驱动力清晰而强劲，公司直接受益于全球范围内算力投资的持续增长，尤其是高速率光模块产品需求的快速提升。随着各大云计 算厂商和超大规模数据中心加速部署AI集群，800G及更高速率的光模块已成为刚性需求，而新易盛作为全球高速光模块的核心供应商之一，其销 售收入与净利润得以同步实现大幅跃升。 | 项目 | | | 本报告期 | | 上年同期 | | --- | --- | --- | --- | --- | --- | | 归属于上市公司股 | 比上年同期 | 940, 000 | ~ | 990, 000 | 283,781.36 | | 东的净利润 | 增长 | 231. 24% | 2 | 248. 86% | | | 扣除非经常性损益 | 比上年同期 | 936, 700 | 2 | 986, 700 | 282, 977. 42 | | 后的净利润 | | 231. 02% | N | 248. 69% | | | | 增长 | | | | | 国内光模块龙头企业新易盛交上了一份亮眼的业绩预告。 1月30日，新易盛公布的2025年业绩预告显示，公司预计全年实现归属于上市公司股东的净利润94亿元 ...

新易盛(300502.SZ)公告称，预计2025年归属于上市公司股东的净利润为94亿元-99亿元，比上年同期增 长231.24%-248.86%。报告期内，受益于 算力投资持续增长，高速率产品需求快速提升，公司销售收入 和净利润大幅增加。 ...