Zheng Quan Ri Bao·2025-05-06 16:31Core Viewpoint - The A-share optical communication sector is experiencing overall positive performance in 2024, particularly in the optical module segment, driven by the rapid evolution of AI technology and the resulting surge in computing power demand [1][2]. Group 1: Industry Performance - More than half of the 59 companies in the A-share optical communication sector reported improved performance in 2024, with 24 companies achieving profit growth, 7 companies turning losses into profits, and 3 companies reducing losses [1]. - Key players in the optical module market, such as Chengdu Xinyiseng Communication Technology Co., Ltd., Wuhan LianTe Technology Co., Ltd., and Zhongji Xuchuang Co., Ltd., saw net profit increases exceeding 100% year-on-year [1][2]. Group 2: Revenue and Profit Growth - Zhongji Xuchuang reported revenue of 23.862 billion yuan, a year-on-year increase of 122.64%, and a net profit of 5.171 billion yuan, up 137.93% [2]. - Xinyiseng achieved revenue of 8.647 billion yuan, growing 179.15%, with a net profit of 2.838 billion yuan, an increase of 312.26% [2]. - LianTe Technology's revenue reached 891 million yuan, up 47.11%, and net profit was 92.9526 million yuan, growing 250.99% [2]. Group 3: Market Dynamics - The growth in performance is attributed to the development of AI technology and the explosive demand for computing power, which has significantly increased the demand for data center computing equipment [2]. - The Chinese optical module market is becoming increasingly competitive, with domestic manufacturers achieving self-sufficiency in 400G optical modules and expanding into 800G products expected to ramp up in the second half of 2024 [2]. Group 4: R&D Investments - Companies are increasing R&D investments to capture the high-end optical module market, with Zhongji Xuchuang's R&D expenses reaching 1.244 billion yuan, a 68.26% increase [3]. - Wuhan Guangxun Technology Co., Ltd. plans to establish a research and production base for high-end optical electronic silicon optical chips, focusing on 800G, 1.6T, and 3.2T optical module development [4]. - The integration of AI and optical communication is expected to create innovative applications across various sectors, including smart healthcare and autonomous transportation [4].