CIG(SH:603083) Shang Hai Zheng Quan Bao·2025-10-26 18:11Core Viewpoint - The company has reported significant growth in its financial performance for the third quarter, driven primarily by its high-speed optical module and telecom broadband access businesses, with a notable increase in revenue and net profit compared to the previous year [6][7]. Financial Performance - The company achieved operating revenue of 1.325 billion yuan for the quarter, representing a year-on-year increase of 32.29%, and a total revenue of 3.36 billion yuan year-to-date, up 21.57% [6][7]. - The net profit attributable to shareholders for the quarter was 138 million yuan, a 92.92% increase year-on-year, while the year-to-date net profit reached 259 million yuan, growing by 70.88% [7]. - Basic earnings per share increased by over 70% for both the quarter and year-to-date periods [7]. Business Highlights - The high-speed optical module business has seen a surge in demand due to global data center construction, leading to a significant increase in orders [6]. - The sales proportion of high-margin 800G optical modules has risen, contributing to the enhanced profitability of the company [6]. Asset and Cash Flow Management - As of the end of the reporting period, total assets amounted to 7.074 billion yuan, a 36.32% increase from the previous year, while net assets grew by 9.16% to 2.522 billion yuan [7]. - The net cash flow from operating activities was -388 million yuan, a decline of 195.71% year-on-year, primarily due to increased payments for key material reserves amid business expansion [7]. Future Developments - The company is progressing with its H-share issuance, having published the prospectus and completed the subscription for 67,010,500 shares at a price of 68.88 HKD per share, with plans for listing on the Hong Kong Stock Exchange on October 28, 2025 [7].