Core Viewpoint - The stock price of Shijia Photon has surged by 10%, reaching a historical high of 66.95 yuan per share, with a total market capitalization of 30.68 billion yuan [1]. Financial Performance - In the first half of the year, Shijia Photon achieved a revenue of 993 million yuan, representing a year-on-year increase of 121.12%. The net profit was 217 million yuan, up 1712%, and the non-recurring net profit was 214 million yuan, soaring by 12667.42% [4][6]. - For the second quarter, revenue was 556 million yuan, a year-on-year growth of 121.55%, with a net profit of 123 million yuan, reflecting a year-on-year increase of 3414.06% and a quarter-on-quarter growth of 32.47% [4][5]. Business Segments - The main business segments, including optical chips and devices, indoor optical cables, and polymer materials, all saw significant growth in orders. Revenue from optical chips and devices reached 700 million yuan, up 190.92%, while indoor optical cables generated 150 million yuan, a 52.93% increase, and polymer materials brought in 126 million yuan, growing by 23.39% [6][7]. - International revenue amounted to 452 million yuan, marking a 323.59% increase and accounting for 45.5% of total revenue [6][7]. Market Dynamics - The rapid growth in the data communication market is driven by advancements in AI, with Shijia Photon adapting to market demands and enhancing its product competitiveness [4][6]. - The company has completed the R&D of 1.6T optical module AWG chips and components, which are now in customer validation stages, and has successfully developed new products for data centers and AI computing [7]. Stock Performance - Since April 9, Shijia Photon’s stock has increased by over 373%, rising from 12.74 yuan per share to 66.95 yuan per share, translating to more than a fivefold increase. From a low of 6.74 yuan per share last February, the stock has nearly increased tenfold in just over a year [8][9]. Strategic Moves - In addition to its impressive financial performance, Shijia Photon plans to acquire approximately 82% of Fokexima's shares to deepen its footprint in the optical communication sector [10].

Core Viewpoint - The company achieved significant growth in revenue and net profit in the first half of the year, indicating strong operational performance and successful product development initiatives [1] Financial Performance - The company reported a revenue of 993 million yuan, representing a year-on-year increase of 121.12% [1] - The net profit attributable to shareholders reached 217 million yuan, showing a remarkable year-on-year growth of 1712% [1] Product Development and Market Strategy - The company is enhancing its "passive + active" IDM dual-platform advantage, focusing on customer development in the data communication market [1] - The 1.6T optical module AWG chips and components have completed development and are currently in the customer validation phase [1] - The 1.6T optical module MT-FA products have achieved mass shipment [1] - New products such as high-power CWDFB lasers for data centers and AI computing, as well as high-temperature FAU devices for silicon photonics, have been successfully developed, with some undergoing sample validation and others completing customer validation with small batch shipments [1]