Yuanjie Technology's revenue increased by 138.5% last year, with the proportion of data center business rising.

Securities Times Reporter Wang Yiming

On the evening of March 24, Yuanjie Technology (688498) released its 2025 annual report. During the reporting period, the company achieved operating revenue of 601 million yuan, a year-on-year increase of 138.5%; net profit attributable to shareholders of the listed company was 191 million yuan, turning from loss to profit year-on-year.

Yuanjie Technology’s performance growth last year was mainly due to increased revenue from data center business, which accounted for a higher proportion of the company’s overall income. The company’s product structure was further optimized, coupled with higher gross margins for data center products. The company also indirectly participated in equity investments through private equity funds, mainly investing in high-tech companies within China’s new-generation information technology and intelligent manufacturing sectors with growth potential. As the valuation of these invested companies increased, investment income contributions were generated.

Yuanjie Technology focuses on the optical chip industry, with main business in R&D, design, manufacturing, and sales of optical chips. Currently, the company’s main products are optical chips, primarily used in telecommunications, data centers, automotive lidar markets, and other fields. After years of R&D and industrialization accumulation, the company has established a full-process IDM business system including chip design, wafer manufacturing, chip processing, and testing.

Specifically, in terms of business segments, last year the company’s telecommunications market revenue reached 2.06 billion yuan, a year-on-year increase of 2.06%. During the reporting period, the telecom business remained relatively stable. The company further optimized its product structure, increasing promotion of 10G EML products based on existing 2.5G and 10G DFB optical chips. The optical chips for next-generation 25/50G PON networks achieved mass delivery and scaled revenue, with product technical indicators aligned with international manufacturers. In the telecom market, EML products have become one of the important revenue components.

Meanwhile, the company’s data center business achieved revenue of 3.93 billion yuan, a year-on-year increase of 719.06%. The main drivers were the sustained growth in demand for optical chips driven by artificial intelligence technology development. The company’s sales in the data center sector saw significant growth, accounting for over 50% of total revenue, becoming a key income source. The main product is high-power CW laser chips required for silicon photonics solutions. According to Yuanjie Technology, these chips need to meet high power, high coupling efficiency, and wide operating temperature performance standards, placing higher demands on design, manufacturing processes, and testing stability. Based on years of deep accumulation in DFB laser technology—covering design, process, and testing—the company has achieved mass shipment of CW 70mW laser chips for high-speed optical modules, which are the main products for the data center business. Additionally, the company has strengthened market expansion efforts, gradually entering a broader customer supply chain.

“Overall, based on continuous deep cultivation of the telecom market, the company is actively seizing the opportunities brought by AI development in the data center market, accelerating the transformation into a high-end optical chip solution provider driven by both ‘telecom + data communication’ dual engines,” Yuanjie Technology stated.

(Editor: Guo Jiandong)

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