MLOptic Corp. A

Jinxin Industry Select Mixed A disclosed its second-quarter 2026 report, with a second-quarter fund profit of 112 million yuan and a net value growth rate reaching 104.1%. As of the end of the second quarter, the fund size was 196 million yuan. The fund is a flexible allocation product that invests long-term in TMT stocks. As of July 13, the unit net value was 5.008 yuan. The four funds managed by fund manager Kong Xuebing all achieved positive returns over the past year. The fund manager stated that against the backdrop of high valuations in the technology sector, they will downplay short-term high-prosperity factors and focus on sub-sectors with core barriers in the semiconductor hard technology field, believing that domestic substitution areas represented by high-end equipment and core components for lithography machines have relative certainty. As of July 13, the fund's one-year cumulative net value growth rate was 170.95%, and the three-year cumulative rate was 165.39%. The top ten heavy holdings at the end of the second quarter included Maolai Optics, Zhongke Feice, and Huicheng Vacuum.

On July 10, the optical and optoelectronics sector rose 4.46% intraday. Among constituent stocks, ML Optic gained 14.21%, Everdisplay Optronics rose 13.87%, Wave Optics climbed 12.31%, HC Semitek advanced 10.08%, and Xuguang Electronics added 10.00%. According to CNR News, the 2026 Microdisplay Innovation and Application Conference and Global Display Industry Trend Release was held in Hefei Xinzhan High-tech Zone. Under the theme 'Microdisplay Breakthroughs, Industry Outlook,' the event gathered global wisdom to explore cutting-edge microdisplay technologies and the industry's future. Sinolink Securities noted that the continuous evolution of large AI models is driving upgrades in computing infrastructure, with optical modules accelerating iteration toward 800G and 1.6T. There is urgent demand for high-speed, low-power, highly integrated optical interconnect solutions. CPO technology offers notable advantages in improving interconnect density and transmission stability. As the supply side gradually matures, the penetration process is expected to accelerate. The firm suggests focusing on leading companies in CPO optical components, packaging and manufacturing, and overall solutions.

In morning trading on July 10, the three major A-share indices opened mixed. As of press time, the Shanghai Composite Index rose 0.28%, the Shenzhen Component Index gained 0.63%, the ChiNext Index advanced 0.53%, and the STAR Composite Index climbed 1.47%. CPO concept stocks were active, with Xuguang Electronics and Mingpu Optical Magnetic hitting their daily limit up. On the news front, Huawei joined forces with over 20 industry chain partners to launch China's first NPO optical interconnect MSA. The PCB sector surged, with Shenkeda and Maolai Optics among the top gainers. A research report from China Securities pointed out that computing power demand is becoming the most important structural growth driver for the PCB industry. In Hong Kong stocks, the Hang Seng Tech Index rose more than 1%, with Lenovo Group and Baidu Group among the top gainers.