Henan Shijia Photons Technology Co., Ltd. (Shijia Photons), which went public on the STAR Market in 2020, has strategically expanded its core semiconductor and optoelectronic businesses by leveraging capital markets. The company is collaborating with local governments and social capital to bolster the sustainable development of regional optoelectronics industries.
Seizing opportunities from AI-driven demand growth for optical modules, Shijia Photons is aligning its industrial layout with market needs to support Henan Province’s strategic goal of building a photonic integrated chip industrial base.
**Capital Boosts Supply Chain Strengthening** Shijia Photons reported strong performance in its Q3 2025 results, with revenue reaching RMB 568 million, up 102.50% YoY, and net profit surging 242.52% YoY to RMB 83 million. The company has maintained consistent growth, with 2024 revenue rising 42.40% to RMB 1.074 billion and net profit jumping 236.57% to RMB 65 million. In H1 2025, revenue soared 121.12% to RMB 993 million, while net profit skyrocketed 1,712% to RMB 217 million.
This growth stems from technological breakthroughs, capacity expansion, and supply chain synergies. Since its IPO, Shijia Photons has channeled funds into R&D and industrialization of AWG chips, DFB laser chips, and related devices, enhancing its market competitiveness.
In 2024, the company established a subsidiary in Thailand, marking its first overseas production base. By H1 2025, it further expanded its global footprint with a Singapore subsidiary. "Our Singapore entity is investing in an industrial park in Thailand to steadily ramp up overseas production capacity, shorten delivery cycles, and strengthen international market responsiveness," a company executive noted.
R&D investment reached RMB 103 million in 2024 (9.63% of revenue) and RMB 61.42 million in H1 2025 (6.19% of revenue). By mid-2025, the company held 278 intellectual property rights, including 56 patents, underscoring capital’s role in driving innovation.
**Catalyzing Regional Development** Headquartered in Hebi, a historic hub for China’s electronics industry, Shijia Photons has emerged as a key player in optoelectronic chips. As a regional "chain leader," the company has leveraged industrial funds and supply chain investments to foster an ecosystem of upstream and downstream enterprises, enhancing local industrial resilience.
"Our capital-driven initiatives extend the supply chain while boosting innovation and competitiveness in Henan’s optoelectronics sector," the executive said. The company’s global expansion aligns with the province’s push for high-tech industrialization, offering pathways for local integration into global supply chains.
**Industry Accelerates Amid AI Boom** Rising AI and computing demands are fueling growth in optical communication products, from 400G/1.6T interconnects to CPO technologies. With gigabit fiber access expanding globally, optoelectronic chips and components face new opportunities.
Shijia Photons is deepening its industrial layout to support Henan’s photonic chip base ambitions. "We aim to be a global leader in optical chip solutions, driving innovation through capital markets and fostering industry-wide collaboration," the executive stated.
To address talent gaps, the company recommends equity incentives and partnerships with universities. Local governments could also establish industrial funds to attract innovative firms and build a self-sufficient optoelectronics ecosystem.
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