Yuanjie Technology advances to thousand-yuan stock, with a 777.6% increase over the past year.

Securities Times reporter Liu Canbang

On March 20, the CPO concept stock Yuanjie Technology (688498) saw its share price rise above 1000 yuan/share, setting a new historical high and becoming the 8th stock in A-share history to reach the thousand-yuan mark. Yuanjie Technology briefly hit a 20% upper limit during the trading session, reaching 1140 yuan/share. By the close of trading, the stock had risen by 17.37%, closing at 1114.99 yuan/share.

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

The reporter noted that in A-share history, there have been a total of 7 stocks that have ever had or currently have a stock price above 1000 yuan (not adjusted for dividends), namely Zhong’an Ke (formerly Feile Shares), Kweichow Moutai, Yunsai Zhili (formerly Vacuum Electronics), Cambrian, Stone Technology, Hemai Shares, and Aimeike.

Yuanjie Technology’s earnings report shows that the company’s operating income for 2025 is 601 million yuan, a year-on-year increase of 138.50%; the net profit attributable to shareholders is 191 million yuan.

Yuanjie Technology stated that the ongoing development of artificial intelligence technology has continuously driven the growth of demand for optical chips in 2025. The company has improved resource input efficiency and operational quality, resulting in a significant increase in sales of CW light source products in the data center sector, while the gross profit margin of data center products is higher than that of the telecommunications market. These factors are driving the company’s revenue and profit growth. The operational situation of the telecommunications business segment has remained relatively stable.

Yuanjie Technology explained that the revenue growth in 2025 is mainly due to the increase in revenue from the data center business, which has raised its proportion of the company’s overall revenue. The overall product structure of the company has further optimized, and because the gross profit margin of data center products is relatively high, the company’s net profit has increased year-on-year. At the same time, the company has indirectly participated in equity investments through private equity funds, mainly investing in high-tech industries with development potential within China’s new generation of information technology and intelligent manufacturing. As the valuations of the invested companies have risen, this has contributed to the company’s investment income. In addition, last year, the completion of government subsidy project acceptance also contributed to net profit.

The reporter noted that in February of this year, Yuanjie Technology announced plans to invest in the construction of the second phase of a research and production base for optoelectronic communication semiconductor chips and devices, with a total project investment of approximately 1.251 billion yuan. This project focuses on the high-speed optical chip field, seizing opportunities in the data center market and aligning with the digital economy’s demand for core optical communication devices. Once completed, the project will help the company capture market growth opportunities and meet the increasing product demand from customers in the fields of data center construction, enhancing order delivery stability and response speed.

Yuanjie Technology claims that this project relies on the company’s IDM process, which emphasizes self-controllable technology accumulation and existing customer base, aiming to continuously respond to market demand changes through capacity expansion and process optimization, thereby enhancing the company’s market share and overall competitiveness in the global optical chip field.

This year, Yuanjie Technology has initiated plans for a Hong Kong listing. In early March, the company announced that to continuously promote its international strategy and global layout, build an international capital operation platform, enhance overseas financing capabilities, and further improve the company’s 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 good performances from stocks like Xinyisheng, Changguang Huaxin, Huilv Ecology, and Mingpu Optical Magnetic, in addition to Yuanjie Technology.

(Article Editor: Wang Zhiqiang HF013)

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