On September 7, CIG rose 12.67% in regular trading, trading at HKD 110.3/share, with turnover of HKD 266 million.
On the news front, the company recently announced that Jiaxing Hujiang Equity Investment Partnership, in which CIG participates, has completed private fund registration with the Asset Management Association of China, aiming to strengthen its optoelectronic and chip industry positioning and enhance supply chain resilience. Meanwhile, the company's previously disclosed interim results showed H1 revenue of RMB 2.705 billion, up 32.92% year-over-year, with net profit attributable to shareholders reaching RMB 328 million, surging 171.08%. Adjusted net profit rose 168.42% to RMB 319 million. The company's 800G optical modules have been certified by and shipped in bulk to multiple overseas major customers, while 1.6T high-speed optical module development is accelerating. Industry data projects global Ethernet optical module sales to grow 73% year-over-year, underscoring sustained demand for high-speed upgrades. Additionally, Huaxin Securities issued a buy rating, citing capacity expansion supporting rapid optical module order growth and forward-looking positioning in optical interconnect technologies.
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