Securities code: 688498. Securities abbreviation: Yuanjie Technology. Announcement number: 2026-057.
The board of directors and all directors of Yuanjie Semiconductor Technology Co., Ltd. (SHSE: 688498) guarantee that the contents of this announcement contain no false records, misleading statements, or material omissions, and they assume legal responsibility for the truthfulness, accuracy, and completeness of the contents on a joint and several basis.
Industry development trends
As the scale of global information connectivity continues to expand and technologies such as artificial intelligence emerge, optoelectronic information technology is being applied more widely, downstream application scenarios for semiconductor laser chips are constantly expanding, and demand keeps increasing. In the data center sector, the development of AI applications is driving growth in computing power demand, which in turn is lifting demand for high-speed optical modules and upstream laser chips. At the same time, new optical interconnect technologies such as CPO and NPO continue to evolve, placing further solution requirements on upstream laser chips, and AI computing power construction remains the core driver of the industry. In the telecommunications sector, related infrastructure is advancing in an orderly manner and demand remains steady. Overall, the industry is in a stage where AI computing power demand is pulling growth alongside the steady construction of telecommunications infrastructure, and the overall development trend is normal.
Production and operations
Yuanjie Semiconductor Technology Co., Ltd. (hereinafter referred to as "the Company") currently carries out production and operating activities, order delivery, and capacity expansion normally, and internal production and operating order is normal. On performance: for the third quarter of 2026, the Company is expected to achieve operating revenue of 650.00 million yuan to 700.00 million yuan, an increase of 264.56% to 292.60% year on year; the Company is expected to achieve net profit attributable to owners of the parent company of 403.00 million yuan to 453.00 million yuan in the third quarter of 2026, an increase of 578.85% to 659.70% year on year; and the Company is expected to achieve net profit attributable to owners of the parent company after deducting non-recurring gains and losses of 400.00 million yuan to 450.00 million yuan in the third quarter of 2026, an increase of 678.44% to 775.74% year on year. On production operations: the Company's product R&D iteration and technical verification work are proceeding normally, and multiple products for new packaging technologies such as CPO/NPO are being steadily advanced in line with customer demand, while R&D investment in EML and CW products remains substantial; the Company maintains active communication with downstream customers, customer expansion continues to deepen, and overall production operations are smooth. On capacity construction: the Company's capacity expansion is being advanced according to business demand, the civil engineering works, part of the cleanrooms, and related supporting facilities of the second-phase project of the optoelectronic communications semiconductor chip and device R&D and production base have been completed, the first batch of production equipment is expected to begin entering the plant soon, equipment debugging will follow, and capacity is expected to begin forming between the end of 2026 and early 2027, with overall project progress in line with expectations.
Future business outlook
Relying on its IDM full-process independently controllable platform, the Company adheres to a business structure of coordinated dual-wheel development in the telecommunications and data communications markets. At present, the Company's production and operations are proceeding in an orderly manner, downstream customer demand is strong, and visibility is very high, providing support for the Company's steady business growth. The Company has carried out forward-looking capacity planning, is advancing capacity construction work as planned, coordinates capacity release according to downstream orders and market rhythm, and continues to improve delivery assurance capabilities. At the same time, the Company continues to expand domestic and overseas markets, maintains stable R&D investment, and consolidates its core technical barriers. The Company will closely monitor uncertainties such as the market environment, industry cycles, and technological iteration, prudently respond to various operating risks, steadily organize production and operations, and actively seize development opportunities brought by industrial upgrading.
Hereby announced.
Board of Directors of Yuanjie Semiconductor Technology Co., Ltd. October 23, 2026.
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