GeneTech Group Advances to Four-Digit Stock Price with 777.6% Surge Over the Past Year

On March 20, CPO concept popular stock Yuanjie Technology (688498) stock price broke above the 1,000 yuan per share mark, setting a new all-time high and becoming the 8th stock in A-shares history to reach this level. Yuanjie Technology once hit a 20% daily limit, reaching 1,140 yuan per share. By the close, the stock rose 17.37%, closing at 1,114.99 yuan per share.

Looking back a year, based on the closing price on March 20, 2025, Yuanjie Technology’s stock price has increased by a total of 777.60% over the past year.

Reporters note that in the history of A-shares, a total of 7 stocks have previously or currently traded above 1,000 yuan (pre-split), including Zhong’an Ke (formerly Feile Shares), Kweichow Moutai, Yunsai Zhijian (formerly Vacuum Electronics), Cambrian, Stone Technology, Hema股份, and Aimeike.

Yuanjie Technology’s performance brief shows that in 2025, the company’s operating revenue was 601 million yuan, a year-on-year increase of 138.50%; net profit attributable to shareholders was 191 million yuan.

Yuanjie Technology stated that in 2025, the development of artificial intelligence technology continued to drive demand for optical chips. The company improved resource allocation efficiency and operational quality. Sales of CW light source products in data centers increased significantly, and the gross profit margin of data center products was higher than that of the telecom market. These factors contributed to revenue and profit growth. The telecom business segment remained generally stable.

Yuanjie Technology explained that the company’s revenue growth in 2025 was mainly due to the increase in data center business revenue, which improved the overall product structure. The high gross profit margin of data center products also led to a year-on-year increase in net profit. Meanwhile, the company indirectly participated in equity investments through private equity funds, mainly investing in high-tech companies within China’s new-generation information technology and intelligent manufacturing sectors with growth potential. As the valuation of these invested companies increased, they contributed to the company’s investment income. Additionally, last year, government subsidies were recognized after project completion, which also contributed to net profit.

Reporters note that in February this year, Yuanjie Technology announced plans to invest approximately 1.251 billion yuan to build a second phase of a research and production base for optoelectronic communication semiconductor chips and devices. The project focuses on high-speed optical chips, seizing opportunities in the data center market and meeting the demand for core optical communication components driven by digital economy development. Once completed, the project will help the company capitalize on market growth, meet increasing product demands in data center construction, and enhance order delivery stability and responsiveness.

Yuanjie Technology stated that the project relies on the company’s independent IDM process technology and existing customer base, aiming to expand capacity and optimize processes to continuously respond to market demand changes, thereby increasing the company’s market share and overall competitiveness in the global optical chip field.

This year, Yuanjie Technology has initiated plans to list in Hong Kong. In early March, the company announced that to further promote its internationalization strategy and global layout, build an international capital operation platform, enhance overseas financing capabilities, and improve its capital strength and overall competitiveness, it plans to issue H-shares and list on the Main Board of the Hong Kong Stock Exchange.

On March 20, CPO and optical module concept stocks continued to rise, with besides Yuanjie Technology, stocks like Xinyi Sheng, Changguang Huaxin, Huilu Ecology, and Mingpu Guangci also performing well during the trading session.