The price of indium phosphide has significantly increased this year, drawing intensive attention from institutions towards 9 related stocks.

The continuous iteration and upgrading of artificial intelligence computing power have led to a concentrated surge in demand for high-speed optical modules. The supply and demand landscape for indium phosphide substrates remains tight, driving significant increases in product prices. Since the beginning of this year, the price of indium phosphide has risen significantly. According to data from Shanghai Nonferrous Metals Network, the average price of 4-inch indium phosphide substrates reached 6,500 yuan per piece on August 10, an increase of about 50% compared to the beginning of the year. The sustained improvement in industry prosperity has also brought performance enhancement opportunities for related listed companies in the industrial chain. According to statistics from Securities Times Data Treasure, there are 18 stocks in A-shares that are positioned in the indium phosphide industry chain, of which 12 have published half-year reports or performance forecasts. Based on the net profits from the half-year reports and the lower limit of the net profits forecast, 9 stocks have achieved year-on-year net profit growth, among which Bojie Co., Ltd., Zhuzhou Smelter Group, Xiangyu Silver Tin, and Yunnan Zinc Industry have all grown over 100% year-on-year, while others like Oulaixin Materials have turned losses into profits. In terms of institutional attention, 9 stocks have received ratings from 3 or more institutions. China Aluminum, Xiangyu Silver Tin, Huaxi Nonferrous Metals, and Tin Industry Co., Ltd. have been actively followed by institutions, with the number of rating agencies being 9, 8, 7, and 7 respectively.