中天科技：全面发力，被低估的光纤上行潜力；重申买入评级

Accessible version Jiangsu Zhongtian Technology (A) Firing on all cylinders with underestimated optical upside, reiterate Buy Reiterate Rating: BUY | PO: 35.00 CNY | Price: 28.83 CNY Optical + subsea + grid driving ~50% earnings CAGR We hosted a call with Zhongtian this week. The commentary supported our positive view across the 3 main businesses. In particular, we expect optical fiber price hikes will drive more consensus upgrades (BofAe 30% above), supporting c.50% earnings CAGR in 2026- 27, while valuati ...