CIG released its unaudited results for the six months ended 30 June 2026, reporting double-digit top-line growth and a more than two-fold increase in earnings.
Revenue and Earnings • Revenue reached RMB 2.71 billion, up 32.92% year on year, driven chiefly by robust demand for high-speed photonics, broadband access and wireless networking products. • Net profit attributable to shareholders jumped 171.08% to RMB 327.75 million; net profit after non-recurring items rose 168.42% to RMB 319.49 million. • Basic and diluted EPS were both RMB 0.93, an increase of 106.67% versus the prior-year period.
Margins, Costs and R&D • Gross profit outpaced sales, lifting operating profit to RMB 276.29 million (+131.96% YoY). • R&D expenditure grew 29.89% to RMB 208.84 million as the company intensified investment in high-speed optical transceivers (800G/1.6T), Wi-Fi 8 and 50G PON products. • Finance costs rose sharply to RMB 199.41 million, reflecting exchangerate losses.
Cash Flow and Balance Sheet • Operating cash outflow widened to RMB 1.11 billion, mainly attributable to higher inventories (up 34.57% to RMB 3.20 billion) and increased prepayments. • Total assets expanded 14.58% to RMB 13.64 billion; net assets attributable to shareholders advanced 25.72% to RMB 9.37 billion, bolstered by the June placing of 15.60 million new H shares that raised HK$1.97 billion net. • Gearing ratio improved to 30.94% from 36.51% at year-end 2025.
Dividend The board proposed an interim cash dividend of RMB 0.09 per share (tax inclusive), equivalent to a payout of RMB 33.14 million and a 10.11% distribution of first-half attributable profit.
Operational Highlights • High-speed photonics led performance, benefiting from AI-driven data-center demand; 800G products entered volume delivery and 1.6T modules completed customer certification. • The Jiashan Plant II began operations in March 2026; Malaysia capacity ramp-up and Mexico trial production underpin the global manufacturing footprint. • Overseas sales momentum remained strong; North America and Europe absorbed majority of 800G shipments.
Outlook Actions Management will accelerate production expansion, advance 1.6T and LPO/LRO product commercialisation, and continue investments in Wi-Fi 8 and edge-computing solutions.
No material post-balance-sheet events other than the establishment of an RMB 800 million optoelectronic industry fund and the H-share incentive grant to 91 overseas employees were reported.