EOPTOLINK(SZ:300502) Sou Hu Cai Jing·2025-10-28 02:15Core Viewpoint - The technology sector is regaining prominence, with companies like Zhongji Xuchuang and Xinyi Sheng reaching historical highs in stock prices, driven by the demand for 1.6T optical modules [1][3]. Company Performance - Xinyi Sheng's stock price surged, reaching a market capitalization of over 400 billion yuan, with trading volumes returning to levels above 20 billion yuan [1]. - The company reported significant revenue growth, with H1 2025 sales reaching 10.437 billion yuan and net profit of 3.942 billion yuan, reflecting year-on-year increases of 282.64% and 355.68% respectively [9]. - The sales volume of point-to-point optical modules increased by 112.54% year-on-year, with an average selling price of 1,497.75 yuan per unit, up 82.29% from the previous year [11]. Industry Trends - The optical communication industry is experiencing a shift, with the demand for AI computing driving early recovery in the market, typically expected in the second quarter [6]. - The 1.6T optical module is positioned as a key product in this evolution, with Xinyi Sheng achieving mass production and capacity expansion in its Thai factory [3][5]. - The industry is expected to transition from "order acquisition" to "delivery capability" as the core competitive metric by 2026, with leading companies benefiting from their supply chain management [6]. Future Outlook - Xinyi Sheng is also developing 3.2T products, indicating a forward-looking strategy for next-generation product iterations [7]. - The anticipated increase in demand for 1.6T products is expected to continue into 2026, with orders from overseas manufacturers contributing to this growth [6].