Hua Gong Technology: Net profit expected to increase by 46.38%-56.13% in Q1 2026.

Huagong Technology announced that it is expected to achieve a net profit attributable to shareholders of the listed company of 600 million to 640 million yuan in the first quarter of 2026, an increase of 46.38% to 56.13% year-on-year; the non-net profit is 365 million to 380 million yuan, an increase of 18.01% to 22.86% year-on-year. The performance growth is mainly due to the outbreak of demand for artificial intelligence computing power, the high prosperity of the optical module market, the rapid growth of the company's optical interconnection business orders, a significant increase in high-speed optical module shipments, rapid growth in smart manufacturing business orders, and an increase in the market value of equity investments.