Jiangsu Zhongtian Technology Co Ltd

Zhongtian Technology released its 2026 semi-annual report on August 27. During the reporting period, it achieved operating revenue of 30.939 billion yuan, up 31.1% year on year, and net profit attributable to shareholders of the listed company of 2.387 billion yuan, up 52.29% year on year.

ZTT announced that as of the end of July 2026, the company had repurchased 2 million shares, accounting for 0.0586% of total share capital, with a repurchase amount of 59.54 million yuan. The actual repurchase price range was 27.59 yuan to 34.65 yuan per share. In the first quarter of 2026, ZTT achieved revenue of 13.142 billion yuan and net profit attributable to the parent company of 919 million yuan.

ZTT announced that the company has made its first buyback of 250,000 shares, accounting for 0.0074% of total share capital, with a total repurchase amount of 8.58 million yuan and a repurchase price range of 33.65 yuan to 34.65 yuan per share. In the first quarter of 2026, ZTT achieved revenue of 13.142 billion yuan and net profit attributable to the parent company of 919 million yuan.

Several co-packaged optics companies have reported sharp first-half earnings growth. DSBJ expects net profit of 2.9 billion to 3 billion yuan for the first half of 2026, up 282.58 percent to 295.78 percent year on year. Its traditional businesses in consumer electronics and auto parts remain solid, the integration of its optical module business is showing results, and data center related investments are gradually generating returns. Yangtze Optical Fibre and Cable expects net profit of 2.4 billion to 3 billion yuan, up 711 percent to 914 percent, driven by demand for optical fibre and cable from computing power data center construction. Accelink Technologies expects net profit of 559 million to 615 million yuan, up 50 percent to 65.15 percent, as the AI computing power investment wave drives rapid growth in demand for datacom optical modules. Tongfu Microelectronics has entered the supply chain through advanced CPO packaging technology and expects net profit of 1.6 billion to 1.8 billion yuan, up 288.26 percent to 336.80 percent, with strong growth in the semiconductor industry and rising revenue from mid-to-high-end products boosting performance. ZTT expects net profit of 2.352 billion to 2.508 billion yuan, up 50 percent to 60 percent, as the accelerated rollout of AI computing power and new digital infrastructure improves the profitability of optical communication products. Earlier, Hengtong Optic-Electric, SDGI, and Yongding also disclosed positive profit forecasts. Brokerages believe the AI computing power boom is driving the optical communication industry into a new growth cycle. CICC expects the global optical module market to achieve a compound annual growth rate of 28 percent from 2024 to 2027, with 800G and 1.6T optical modules ramping up rapidly in 2026, bringing both volume and price increases. However, attention should be paid to uncertainties such as fluctuations in downstream capital expenditure and technology iteration.

Yangtze Optical Fibre has issued a preliminary earnings announcement for the first half of 2026, projecting net profit attributable to shareholders of the listed company at approximately 2.4 billion to 3 billion yuan, representing year-on-year growth of 711% to 914%. Deducted non-recurring net profit is expected to be around 2 billion to 2.6 billion yuan, a surge of 1,349% to 1,784%. The company said the profit growth was mainly driven by the accelerated construction of computing data centres, sustained growth in demand for new types of optical fibre and cable products both at home and abroad, and its efforts to seize international market opportunities and expand computing data centre-related businesses, leading to core customer expansion, product mix optimisation, and improved profitability. On the same day, Zhongtian Technology also issued a positive profit alert, forecasting first-half net profit attributable to shareholders of the listed company at 2.352 billion to 2.508 billion yuan, up 50% to 60% year on year, citing the accelerated rollout of AI computing power and new digital infrastructure, an improved supply-demand balance in the optical fibre and cable industry, and rising volumes and prices. A day earlier, Hengtong Optic-Electric projected first-half net profit attributable to shareholders of the listed company at 3.016 billion to 3.568 billion yuan, an increase of 86.94% to 121.20%, benefiting from rapid AI development and higher data centre capital expenditure. Fibre-optic sector companies are collectively reporting good news, with the profit growth forecast of industry leader Yangtze Optical Fibre particularly outstanding.