Core Viewpoint - Zhaolong Interconnect (300913) reported a significant growth in revenue and net profit for the first half of 2025, driven by strong market demand and strategic product offerings [1][2]. Financial Performance - The company achieved operating revenue of 972 million yuan, a year-on-year increase of 14.29% [1]. - The net profit attributable to shareholders reached 89.61 million yuan, reflecting a substantial growth of 50.30% compared to the same period last year [1]. Market Opportunities - Zhaolong Interconnect capitalized on the booming data transmission and communication connection market, with specialized cable sales surging by 154.73% year-on-year [2][4]. - The global digital economy and high-tech industries are expanding, creating vast market opportunities in the communication connection sector [3][7]. Product Development - The company has developed a comprehensive product matrix, offering a full range of data cables from category 5e to 8, catering to various critical applications [3]. - High-speed transmission cables can support a maximum working frequency of 60GHz, essential for efficient connections in data centers and AI computing centers [3][4]. Industry Growth - The global high-speed cable market is projected to grow at a compound annual growth rate (CAGR) of 10.2%, with market size expected to increase from 12.9 billion USD in 2024 to 24.99 billion USD by 2031 [4]. - The demand for industrial communication cables and connection products is anticipated to continue growing rapidly, driven by advancements in automotive electronics, IoT, and smart manufacturing [4][6]. Product Sales Performance - Sales revenue from high-end data cables (6A and above) increased by 7.72% year-on-year, while specialized cable sales revenue saw a remarkable growth of 154.73% [4]. - Revenue from connection products grew by 46.8% year-on-year, supported by deep market penetration and technological advancements [5]. Technological Advancements - The company is focusing on key technological areas such as signal compensation, high-frequency attenuation suppression, and ultra-high-frequency transmission cable development [5][6]. - Zhaolong Interconnect has established partnerships with leading companies in various industries, enhancing its capabilities in industrial Ethernet and automation [6]. Future Outlook - The ongoing trends in information technology, digitalization, and smart technology are expected to drive further growth in the digital communication industry [7]. - The company aims to continue enhancing product quality and reliability, solidifying its leading position in the industry [7].
兆龙互连：专用电缆、连接产品业务表现亮眼，上半年归母净利高增50.3%