"Yi Zhongtian" achieves a major performance surge! Growing demand is the core driving force!

“Yizhongtian” 2025 Performance Continues to Explode!

On the evening of January 30, Zhongji Xuchuang released its 2025 performance forecast, estimating a net profit attributable to shareholders of listed companies between 9.8 billion and 11.8 billion yuan, representing an increase of 89.50%–128.17% compared to the same period last year.

On the same evening, Xinyi Sheng announced that it expects to achieve a net profit attributable to shareholders of listed companies between 9.4 billion and 9.9 billion yuan in 2025, a growth of 231.24%–248.86% compared to the same period last year.

Earlier, Tianfu Communication released its 2025 performance forecast on January 21. The company expects its net profit attributable to the parent company for 2025 to be between 1.881 billion and 2.15 billion yuan, a year-on-year increase of 40.00%–60.00%; and its net profit after deducting non-recurring gains and losses to be between 1.829 billion and 2.108 billion yuan, a year-on-year increase of 39.19%–60.40%.

Institutions believe that in the medium to long term, AI applications are still in the very early stages, and as the foundational component for expanding computing power clusters, the optical module industry still has high growth potential.

“Yizhongtian” Performance Continues to Explode

Several companies explained the reasons for their performance growth in their forecasts, with demand growth being the core driver.

Regarding the reasons for performance growth, Zhongji Xuchuang stated that during the reporting period, benefiting from strong investments by terminal customers in computing infrastructure, the company’s product shipments grew rapidly, with the proportion of high-speed optical modules continuously increasing. As product solutions are constantly optimized and operational efficiency continues to improve, both the company’s operating income and net profit have achieved significant growth compared to the same period last year.

Xinyi Sheng indicated that during the reporting period, the company benefited from sustained growth in computing power investments, with rapid demand for high-speed products. The company expects sales revenue and net profit to increase significantly compared to the same period last year.

Tianfu Communication stated that the performance growth was mainly due to the accelerated development of the artificial intelligence industry and the construction of global data centers, which drove the continuous and stable growth in demand for high-speed optical device products. Coupled with the company’s ongoing cost reduction and efficiency improvement in intelligent manufacturing, this jointly promoted revenue growth in both active and passive product lines.

Huaxi Securities stated that currently, the AI inference field is experiencing unexpectedly strong demand growth. AI inference demand is not only rapidly increasing but also still in the early stage of an upward trend. The future re-evaluation of market size and capacity allocation may lead to a systematic upward revision of profits.

Huaxi Securities also noted that the overseas computing power industry chain is forming a positive cycle: “technological iteration reduces costs—application promotion—explosive inference demand—growth in Token numbers—accelerated data growth models.” Overseas AI demand, especially from new enterprises, is growing rapidly, with Token volumes showing an accelerating trend, continuously driving high investment in AI Capex. In the medium to long term, AI applications are still in the very early stages. As the foundational component for expanding computing power clusters, the optical module industry still has high growth potential.

Institutional Continued Optimism

Institutions remain optimistic about investment opportunities in the optical module and even the AI industry chain.

On January 7, the Ministry of Industry and Information Technology and eight other departments issued the “Implementation Opinions on the Special Action of ‘Artificial Intelligence + Manufacturing’” (hereinafter referred to as “Opinions”), aiming to promote deep integration of AI technological innovation and industrial innovation, and to enable AI technology and manufacturing applications to empower each other.

The “Opinions” propose that by 2027, 3–5 general large models will be deeply applied in manufacturing, 1,000 high-level industrial intelligent agents will be launched, 100 high-quality data sets in industrial fields will be created, and 500 typical application scenarios will be promoted.

In response, Huaxi Securities stated that the country actively promotes AI application development, which is expected to continue to boost demand for domestic AI computing power.

Galaxy Securities pointed out in a recent research report that the artificial intelligence industry chain will maintain high-speed growth in 2026, mainly driven by the strong imagination space of current AI applications and the gradual improvement of AI productivity. Demand-side growth mainly comes from the competition for traffic entry points among overseas and domestic cloud vendors and the discourse power before AI industry popularization, reflected in the continuous increase in the market size of AI servers and rising energy consumption.

Galaxy Securities believes that the current domestic demand for domestically produced computing power is in the early stage of explosive growth. 2026 will be a year of overseas chain upgrades and domestic industry chain resonance. The high demand for optical modules caused by accelerated capital expenditure by overseas cloud vendors in 2025 will continue into 2026 and even 2028. The high prosperity on the demand side will also lead to insufficient supply capacity, as domestic industry chains are well-supported and involve core segments. Looking ahead to 2026, China’s communication AI industry chain remains highly prosperous.

(Source: China Securities Journal)