9月25日，天孚通信盘中下跌2.01%，截至09:39，报178.84元/股，成交5.38亿元，换手率0.39%，总市值 1390.33亿元。 资金流向方面，主力资金净流出3656.52万元，特大单买入3416.43万元，占比6.35%，卖出5334.78万 元，占比9.92%；大单买入9744.74万元，占比18.12%，卖出1.15亿元，占比21.35%。 天孚通信今年以来股价涨177.70%，近5个交易日跌0.30%，近20日跌0.37%，近60日涨130.52%。 今年以来天孚通信已经4次登上龙虎榜，最近一次登上龙虎榜为9月4日，当日龙虎榜净买入7.99亿元； 买入总计22.85亿元 ，占总成交额比18.94%；卖出总计14.87亿元 ，占总成交额比12.32%。 资料显示，苏州天孚光通信股份有限公司位于江苏省苏州市高新区长江路695号，成立日期2005年7月20 日，上市日期2015年2月17日，公司主营业务涉及光无源器件的研发设计、高精密制造与销售业务。主 营业务收入构成为：光通信元器件98.91%，其他1.09%。 天孚通信所属申万行业为：通信-通信设备-通信网络设备及器件。所属概念板块包括：激 ...

Company Overview - Tianfu Communication, established on July 20, 2005, and listed on February 17, 2015, specializes in the research, design, precision manufacturing, and sales of optical passive devices, with 98.91% of its main business revenue coming from optical communication components [1][2] Stock Performance - As of September 17, Tianfu Communication's stock price was 174.69 CNY per share, with a market capitalization of 135.807 billion CNY. The stock has increased by 169.17% year-to-date, with a recent 0.13% decline over the last five trading days [1] - The stock has seen significant trading activity, with a total turnover of 18.90 billion CNY and a turnover rate of 1.37% on the same day [1] Financial Performance - For the first half of 2025, Tianfu Communication reported a revenue of 2.456 billion CNY, representing a year-on-year growth of 57.84%. The net profit attributable to shareholders was 899 million CNY, up 37.46% year-on-year [2] Shareholder Information - As of September 10, the number of shareholders increased to 110,100, with an average of 7,047 shares held per shareholder, a decrease of 1.98% from the previous period [2] - The company has distributed a total of 2.172 billion CNY in dividends since its A-share listing, with 1.536 billion CNY distributed over the last three years [3] Institutional Holdings - As of June 30, 2025, major institutional shareholders include Hong Kong Central Clearing Limited, holding 17.97 million shares, and various ETFs such as E Fund's ChiNext ETF and Huatai-PB's CSI 300 ETF, all showing increases in their holdings compared to the previous period [3]

长江商报消息 ●长江商报记者 汪静 近来的A股市场，以"易中天"为代表的CPO概念股爆火，其中，邹支农家族控制的天孚通信 （300394.SZ）表现亮眼。 目前，邹支农家族间接持有天孚通信37.95%股份，为天孚通信的实控人。以此计算，三个月内，其持 股市值暴涨431.76亿元。 据了解，千禧年初，光纤连接的重要部件氧化锆陶瓷套管几乎被日本京瓷、NGK等企业垄断，邹支农 与朱国栋、欧洋一同创立了天孚通信，并在2006年成功优化出稳定的烧结工艺，生产出的陶瓷套管在光 洁度、尺寸精度等指标上，不仅达到国际标准，还在耐高温性能上实现了突破。2015年，天孚通信上 市。 从2005年的小厂房到如今全球光通信领域的知名企业，邹支农用二十年时间，践行了 "技术领先"的创 业初心。如今，AI狂奔之下，邹支农能否带领天孚通信再创新的辉煌？值得期待。 做"追光者"攻坚光通信壁垒 公开资料显示，上世纪60年代，邹支农出生于江西，1987年考入吉林工业大学机械设计专业，1991年毕 业后因成绩优异被推荐至吉林省四平市鼓风机厂工作，担任技术科工程师。1995年，27岁的邹支农决定 投身商海，在四平创立大众电脑公司。 六年的商业历程， ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for future performance [4][5]. Core Viewpoints - The company is experiencing stable revenue and profit growth driven by increasing demand for high-speed optical devices, particularly in the context of global data center construction fueled by AI trends [2][4]. - The company has reported significant revenue growth, with a 57.84% year-on-year increase in revenue for the first half of 2025, reaching 2.456 billion yuan, and a 37.46% increase in net profit, amounting to 899 million yuan [2][4]. - The company is focused on continuous R&D investment to enhance product upgrades and innovations, with R&D expenses reaching 126 million yuan in the first half of 2025, a year-on-year increase of 11.97% [3][4]. Financial Summary - The company's projected financial performance shows a steady increase in revenue and net profit from 2025 to 2027, with net profit expected to reach 3.855 billion yuan by 2027 and EPS projected at 4.96 yuan [4][9]. - The company's revenue is expected to grow from 5.581 billion yuan in 2025 to 9.668 billion yuan in 2027, reflecting a compound annual growth rate (CAGR) of approximately 24.3% [4][9]. - The company's return on equity (ROE) is projected to remain strong, with estimates of 38.6% in 2025 and gradually decreasing to 32.0% by 2027 [4][9].

每经头条（nbdtoutiao）——租下2.5万亩"试验田"，兽医学博士在非洲种粮：首季亩产250斤，打算扩至 10万亩，月薪1~2万元招人 （记者 胡玲） 截至发稿，天孚通信市值为1006亿元。 每经AI快讯，天孚通信（SZ 300394，收盘价：129.35元）8月25日晚间发布公告称，公司第五届第八次 董事会会议于2025年8月22日以现场与通讯相结合的方式召开。会议审议了《关于公司2025年半年度报 告及摘要的议案》等文件。 2025年1至6月份，天孚通信的营业收入构成为：光通信元器件占比98.91%，其他业务占比1.09%。 ...

Core Viewpoint - The rapid development of global data center construction has benefited Tianfu Communication, leading to significant growth in revenue and net profit in 2024 [1][2]. Financial Performance - In 2024, the company achieved operating revenue of 3.252 billion yuan, a year-on-year increase of approximately 67.74%, and a net profit attributable to shareholders of over 1.344 billion yuan, up about 84.07% [2][4]. - The company has experienced continuous growth in revenue and net profit for seven consecutive years from 2018 to 2024, with net profit growth exceeding 80% for two consecutive years in 2023 and 2024 [1][4]. - Operating cash flow for 2024 was 1.263 billion yuan, reflecting a year-on-year increase of about 39.99% [4]. Business Operations - The company specializes in the research, mass production, and sales of high-speed optical devices, positioning itself as a leading provider of optical device solutions and advanced packaging services [1][6]. - In 2024, the production and sales volume of optical communication components reached 332 million and 209 million units, respectively, representing year-on-year growth of 14.27% and 15.18% [3]. R&D and Technological Advancements - The company has significantly increased its R&D investment from 77 million yuan in 2020 to 232 million yuan in 2024, focusing on advanced materials and optical technologies [6]. - Tianfu Communication has established R&D centers in Suzhou, Shenzhen, and Japan, gathering top talent to innovate in optical device design and development [6]. Competitive Advantages - The company boasts industry-leading mass production capabilities, producing over 100 million products annually for global customers [7]. - Financially, the company maintains a healthy balance sheet with a debt-to-asset ratio of only 15.85% and cash reserves of 1.978 billion yuan as of the end of 2024 [7]. Dividend Policy - Since its listing in 2015, the company has distributed a total of 1.783 billion yuan in cash dividends, with an average dividend payout ratio of 47.05% [7].