HK Stock Market Move | Suzhou Dongshan Precision Manufacturing (02384) rose over 7%, with Q3 net profit attributable to shareholders up 401% year-on-year, and revenue from the optical module business achieving significant growth.

Suzhou Dongshan Precision Manufacturing (02384) share price moved higher, rising 7.56% as of press time to HK$83.90, with turnover of HK$92.2609 million. On the news front, on the evening of October 30, Suzhou Dongshan Precision Manufacturing released its 2026 third-quarter report. During the reporting period, total operating revenue was RMB45.379 billion, up 67.63% year-on-year, and net profit attributable to shareholders was RMB5.289 billion, up 332.34% year-on-year. In the third quarter alone, total operating revenue was RMB17.582 billion, up 73.81% year-on-year, and net profit attributable to shareholders was RMB2.332 billion, up 401.18% year-on-year and up 26% quarter-on-quarter. The company said the change in performance was mainly due to the addition of the optical module business after Source Photonics was included in the consolidation scope following the acquisition, which achieved significant revenue growth, while synergies with traditional business segments drove steady improvement. It is worth noting that the company recently said downstream order demand is full, capacity utilization remains high, shipments of high-end AI optical modules are rising rapidly quarter by quarter, and 1.6T products entered the mass shipment stage in the fourth quarter; combined with the company's in-house research and production capabilities in high-speed EML optical chips, the dual-driver effect of optical modules and optical chips is further emerging.