Zhongji InnoLight’s net profit increased more than 2 times in the first quarter

Recently, Zhongji InnoLight announced its first quarter results for 2026. After experiencing performance growth driven by the optical module business in 2025, InnoLight will continue to maintain performance growth in the first quarter of 2026.

Entering 2026, the company's performance growth momentum will be even stronger. In the first quarter, operating income was 19.496 billion yuan, a year-on-year surge of 192.12%; net profit attributable to the parent company was 5.735 billion yuan, a year-on-year increase of 262.28%; non-net profit after deduction was 5.718 billion yuan, a year-on-year increase of 264.56%. Basic earnings per share reached 5.18 yuan, a year-on-year increase of 259.72%.

Zhongji InnoLight was founded in 2005 and is headquartered in Longkou City, Shandong Province. It was listed on the Shenzhen Stock Exchange in 2012 and is the world's leading provider of high-end optical communication transceiver module solutions.

InnoLight integrates R&D, design, packaging, testing and sales. Its products cover a full range of optical modules including 1.6T, 800G, 400G, 200G, 100G and below, which are widely used in cloud computing data centers, 5G wireless access, backbone network transmission and other fields.

Zhongji InnoLight also continues to consolidate its advantages in the field of next-generation technology: 800G products have fully covered the two major technical routes of OSFP and QSFP-DD; LPO (linear drive pluggable optical module) power consumption is less than 4W and has received orders from leading customers; CPO (co-packaged optics) technology reserves adapt to the needs of next-generation supercomputing.

From the perspective of business structure, the company's optical communication transceiver module business accounts for 97.95% of total revenue, of which overseas revenue accounts for more than 90%, mainly targeting overseas markets such as North America and Europe. With its leading technology research and development capabilities, low-cost manufacturing advantages and comprehensive delivery capabilities, InnoLight has established stable cooperative relationships with the world's top cloud service providers such as Google, Amazon, Meta, Microsoft, and Nvidia, and its market share ranks among the top in the world.

It is reported that Zhongji InnoLight's performance growth in recent years has been mainly due to end customers' continued strong investment in computing infrastructure. The company's product shipments have grown rapidly, and the proportion of 800G and above high-speed optical modules has continued to increase.

In terms of business progress, Zhongji InnoLight continues to promote high-end product iteration and production capacity construction. In 2025, the "Tongling InnoLight High-end Optical Module Industrial Park Phase III Project" will be completed, further increasing the production capacity of high-end products and laying the foundation for ensuring customers' demand for high-end optical module technology iteration and scale.

In the first quarter of 2026, Zhongji Xuchuang’s investment in projects under construction increased by 65.95% year-on-year, mainly for the construction of subsidiary factories, indicating that production capacity expansion is accelerating. In terms of R&D investment, R&D expenses in the first quarter reached 645 million yuan, a year-on-year increase of 122.05%. The company continues to increase investment in cutting-edge fields such as 1.6T, silicon photonics technology, and coherent optical modules.