Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2025-10-22 03:01Core Viewpoint - The artificial intelligence sector in the ChiNext market is experiencing a significant rebound, driven by the strong performance of the leading optical module companies known as "Yi Zhong Tian" [1] Group 1: Market Performance - The leading optical module companies "Yi Zhong Tian" are showing strong performance against the market trend, with Tianfu Communication leading the gains by over 7% and Zhongji Xuchuang rising over 3% to reach a historical high [1] - The largest and most liquid ChiNext AI ETF (159363) has increased by over 1.2%, marking three consecutive days of gains, with trading volume quickly surpassing 300 million [1] Group 2: Catalysts for Growth - Three main factors are driving the rapid growth of the optical module sector: 1. Surge in Industry Demand: There is an exponential increase in demand for high-speed optical modules from data centers, propelling the rapid development of the entire industry [1] 2. Earnings Expectations: Huatai Securities projects a 167% year-on-year growth in net profit for the optical communication sector by Q3 2025, with continued strong demand for 800G optical modules expected in Q3 [1] 3. Valuation Potential: According to a report from Changjiang Securities, the actual performance PE of leading optical module companies is significantly lower than the consensus expected PE, indicating room for upward valuation [1] Group 3: ETF Composition and Performance - The first ChiNext AI ETF (159363) and its off-market connection (023407) have over 70% of their portfolio allocated to computing power and more than 20% to AI applications, effectively capturing the AI theme market [2] - As of October 17, the latest scale of the ChiNext AI ETF (159363) exceeds 3.4 billion, with an average daily trading volume of over 800 million in the past month, leading among the seven ETFs tracking the ChiNext AI index [2]