Core Insights - The article emphasizes the strategic positioning of Yihua Co., Ltd. as a key beneficiary of the AI computing power demand and government policies, particularly in the connector industry [1][3] Company Overview - Yihua Co., Ltd. has over 30 years of experience in the connector field and is focusing on the research and development of 5G/6G and optical communication modules [1] - The company has developed a complete range of proprietary 5G SFP and SFP+ products that have passed critical customer performance tests, with high-speed connectors and optical modules being delivered in bulk [1] - Yihua is one of the few domestic companies capable of mass production of 200G-800G high-speed modules, indicating high technical barriers and long R&D cycles that deter new entrants [1] Market Dynamics - The global connector market is experiencing rapid growth, driven by sectors such as electric vehicles and AI servers, with significant advancements in domestic high-speed connector production in China [2] - According to a report by the China Business Industry Research Institute, the global connector market is expected to reach USD 112.4 billion by 2025 [2] Financial Performance - In Q3 2025, Yihua reported revenue of CNY 1.92 billion, a year-on-year increase of 22.0%, and a net profit attributable to shareholders of CNY 110 million, reflecting an 85.3% year-on-year growth [3] - The profit growth rate significantly outpaced revenue growth, indicating an increase in the proportion of high-margin products and optimization of the product structure [3] Industry Trends - The connector technology is penetrating emerging fields such as electric vehicles, energy storage systems, and low-altitude economy, creating new market opportunities [3] - Innovations in application scenarios are driving the evolution of products from general-purpose to specialized types, helping the industry mitigate cyclical fluctuations in the traditional consumer electronics market and establish a sustainable growth model [3]