EOPTOLINK(SZ:300502) Zheng Quan Ri Bao Zhi Sheng·2025-05-10 02:43Core Viewpoint - Chengdu Xinyi Communication Technology Co., Ltd. (hereinafter referred to as "Xinyi") has demonstrated significant growth in net profit for the fiscal year 2024 and the first quarter of 2025, with year-on-year growth rates of 312.26% and 384.54% respectively, raising questions about the sustainability of this growth [1][2]. Group 1: Financial Performance - In 2024, Xinyi's domestic and international revenue reached 1.842 billion yuan and 6.805 billion yuan, with year-on-year growth rates of 265.95% and 162.31% respectively [2]. - The company's foreign revenue accounted for 78.7% of total revenue in 2024, indicating a strong international market presence despite geopolitical and trade policy challenges [2]. Group 2: Business Strategy - Xinyi plans to enhance its market promotion and customer expansion efforts both domestically and internationally, focusing on collaboration with leading global communication equipment manufacturers and internet companies [2]. - The company aims to continuously optimize its product and customer structure to improve market share [2]. Group 3: Product Development - Xinyi has made significant advancements in R&D, successfully launching the latest 800G/1.6T optical module products based on single-wave 200G optical devices, and expanding its product range to include various high-speed optical module solutions [2]. - The production capacity, output, and sales of Xinyi's point-to-point optical modules in 2024 were 10.6 million units, 9.79 million units, and 8.73 million units respectively, all showing year-on-year growth [2]. Group 4: Operational Efficiency - The establishment of the second phase of Xinyi's factory in Thailand, which began operations in early 2025, is expected to positively impact the company's production capacity [2].