仕佳光子业绩坐“过山车”，要接盘另一家上市公司“弃子”？

Core Viewpoint - The article discusses the planned acquisition of Dongguan Fokexima Communication Technology Co., Ltd. by Henan Shijia Photon Technology Co., Ltd. through a combination of share issuance and cash payment, indicating potential growth in the optical communication sector driven by increasing demand for high-speed data transmission [1][8]. Group 1: Acquisition Details - Henan Shijia plans to acquire a controlling stake in Fokexima, with the transaction still in the planning stage and the valuation of Fokexima yet to be finalized [1]. - The acquisition is expected to constitute a related party transaction, as Henan Shijia is a limited partner in the fund that holds a significant stake in Fokexima [3][4]. Group 2: Fokexima's Business Overview - Fokexima, established in June 2013, specializes in the manufacturing of optical communication equipment and has developed various high-precision optical components, achieving mass production of multiple types of MT/MPO connectors [3]. - The company has seen significant valuation growth, from 80 million yuan in July 2020 to 615 million yuan in January 2025, reflecting its increasing market presence [6]. Group 3: Industry Context - The optical communication industry is experiencing rapid growth due to the rising demand for high-speed data transmission, with global shipments of optical transceiver modules expected to increase significantly in the coming years [8]. - The market is transitioning from 100G/200G interconnections to 400G/800G/1.6T, indicating a robust growth trajectory for optical components and related technologies [8]. Group 4: Henan Shijia's Performance - Henan Shijia has experienced significant revenue fluctuations since its IPO, reporting a net profit loss of 48 million yuan in 2023, but rebounding to a profit of 64.93 million yuan in 2024, driven by increased demand in the data communication market [9]. - The company's revenue for 2024 reached 1.075 billion yuan, marking a year-on-year growth of 42.4% [9].