On September 9, CIG (06166.HK) rose 6.53% in regular trading, trading at 127.2 HKD/share with turnover of approximately 66.80 million HKD, extending its strong performance over the past several trading sessions.
On the news front, the company reported robust H1 results with revenue of 2.705 billion yuan, up 32.92% year-over-year, and net profit attributable to shareholders of 328 million yuan, surging 171.08% year-over-year. Adjusted net profit reached 319 million yuan, up 168.42%. The company's 800G optical modules have completed certification with multiple major overseas clients and achieved mass shipment in H1, while 1.6T products are expected to enter mass production in the second half. NPO R&D progress is running ahead of schedule. Additionally, the company's 800-million-yuan optical-electronic and chip industry fund has completed filing, and Huaxin Securities issued a buy rating, citing rapid growth in optical module orders and forward-looking positioning in optical interconnect technologies.
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