兆龙互连跌1.45%，成交额2.06亿元，近3日主力净流入-3655.23万

Core Viewpoint - The company, Zhejiang Zhaolong Interconnect Technology Co., Ltd., is experiencing fluctuations in stock performance and is positioned as a key player in the high-speed cable and optical fiber sectors, benefiting from the depreciation of the RMB and expanding its overseas market presence [1][3]. Company Overview - Zhejiang Zhaolong Interconnect was established on August 21, 1995, and went public on December 7, 2020. The company specializes in the design, manufacturing, and sales of data cables, specialized cables, and connection products [7]. - The revenue composition includes: 43.60% from category 6 and below data communication cables, 20.81% from category 6A and above, 18.04% from specialized cables, 11.62% from connection products, and 5.94% from other sources [7]. - As of September 30, 2025, the company reported a revenue of 1.518 billion yuan, a year-on-year increase of 13.28%, and a net profit attributable to shareholders of 138 million yuan, up 53.82% year-on-year [7]. Market Position and Performance - The company has become a core partner for international leading interconnect solution providers in the active cable (AEC) sector due to its technological accumulation in high-speed cable [2]. - The company’s optical products include fiber jumpers, MPO/MTP pre-terminated connectors, and LC fiber connectors, primarily serving high-end projects in finance, education, healthcare, and exhibitions, while also expanding into overseas markets [2]. - The company is one of the few in China capable of designing and manufacturing data cables of category 6, 7, and 8, meeting the new data transmission demands of the 5G era [2]. Financial and Investment Insights - The company’s overseas revenue accounted for 61.93% of total revenue in the 2024 annual report, benefiting from the depreciation of the RMB [3]. - The average trading cost of the stock is 56.78 yuan, with recent reductions in holdings but at a slowing rate. The stock price is approaching a resistance level of 50.98 yuan, indicating potential for upward movement if this level is breached [6]. - The company has distributed a total of 113 million yuan in dividends since its A-share listing, with 82.34 million yuan distributed over the past three years [8].