ZHONGJI INNOLIGHT(SZ:300308) Mei Ri Jing Ji Xin Wen·2025-10-31 05:48Core Viewpoint - The A-share market experienced a decline, with the ChiNext index dropping over 1.5%, while sectors such as communication and electronics faced significant losses, and industries like media and biomedicine led the gains [1]. Group 1: Market Performance - The three major A-share indices all fell, with the ChiNext index down more than 1.5% [1]. - The mainstream ETF, the Sci-Tech Innovation 50 ETF (159783), dropped over 3% in the afternoon session, with major holdings like Stone Technology and Shenghong Technology seeing significant declines [1]. Group 2: Company Performance - Zhongji Xuchuang recently released its Q3 2025 report, showing a revenue of 25.005 billion yuan, a year-on-year increase of 44.43%, and a net profit attributable to shareholders of 7.132 billion yuan, up 90.05% year-on-year [1]. - In Q3 2025, Zhongji Xuchuang achieved a revenue of 10.216 billion yuan, reflecting a year-on-year growth of 56.83% and a quarter-on-quarter increase of 25.89%, with a net profit of 3.137 billion yuan, marking a year-on-year rise of 124.98% and a quarter-on-quarter growth of 30.04% [1]. Group 3: Industry Insights - According to Kaiyuan Securities, the growth in computing infrastructure and related capital expenditures has led to an increase in sales of high-end optical modules like 800G [1]. - The firm believes that as AI computing demand is released, high-speed products are expected to see further growth, enhancing the company's profitability and indicating a broad future growth space [1].