Yongding Co., Ltd.: Expected net profit in the first half of the year to increase by 57%-120% year-on-year. The fiber optic market sees both volume and price increases, leading to a significant rise in segment profits.

Yongding Stock announced that it expects the net profit attributable to shareholders of the listed company for the first half of 2026 to be between RMB 500 million and RMB 700 million, a year-on-year increase of 57% to 120%. The performance change is mainly due to the optical communication sector benefiting from the advancement of the digital economy and the explosion of AI computing power demand, leading to both volume and price increases in the optical fiber market, resulting in a significant increase in sector profits.
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