HK Stock Market Move | After the performance, Cig Shanghai (06166) rose by more than 6%, and the net profit attributable to the mother increased by 58.08% year-on-year. The high-speed optical module business is the core growth engine.

Cig Shanghai (06166) rose by more than 6% after the performance report, rising 5.45% to 70.65 Hong Kong dollars as of the time of writing, with a turnover of 657.668 million Hong Kong dollars. On the news front, on March 31, Cig Shanghai announced its 2025 performance, with operating income of approximately 4.8234 billion yuan, a year-on-year increase of 32.07%; net profit attributable to shareholders of the listed company of approximately 263 million yuan, a year-on-year increase of 58.08%; basic earnings per share of 0.94 yuan, with a proposed cash dividend of 0.28 yuan per share (including tax). During the reporting period, the company achieved significant growth in performance, with the core DRIVE coming from the synergistic efforts of the three core businesses of high-speed optical modules, broadband access, and wireless access, combined with optimized production capacity layout, resilient supply chain construction, and continuous research and development innovation, significantly improving the profitability quality of the main business. The high-speed optical module business is the core engine driving the performance growth, benefiting from the strong demand brought by AI large models and global data center construction, with explosive growth in orders and shipments. The company expanded its production base domestically and internationally, effectively guaranteeing order delivery and supporting the rapid release of production capacity; at the same time, it continues to promote product iteration and structural optimization, with an increase in the proportion of high-margin products driving an improvement in gross profit margin, strengthening core competitiveness, and significantly improving inventory turnover efficiency.