On the evening of January 30th, Friday, with Zhongji Innolight and Eoptolink respectively disclosing their performance forecasts for the year 2025, the performance outlook for the leading A-share CPO concept stock—&#34;Yizhongtian&#34;—for the entire year of 2025 was officially released.
According to the announcement data, the net profits attributable to shareholders of listed companies for the three companies are expected to achieve significant year-on-year growth in 2025, with Eoptolink showing the most impressive growth, with an annual net profit more than three times that of the previous year. Zhongji Innolight expects its highest annual net profit to double compared to last year, while TFC disclosed last week that it expects a steady net profit growth of over 40%.
The performance forecasts of the three companies reflect the logic that the high-speed optical module and optical device industry chain continues to benefit from the global wave of artificial intelligence (AI) computing power construction. As leaders in their respective segments, Zhongji Innolight and Eoptolink have seen both revenue and profit increase against the backdrop of tight supply and demand for high-speed products; TFC has achieved steady growth thanks to its diverse product lines and manufacturing efficiency.
Against the backdrop of ongoing global data center construction and AI infrastructure upgrades, the positive performance outlook for &#34;Yizhongtian&#34; reflects the high growth potential of the CPO and optical communication segments, providing &#34;report card-level&#34; data for the overall industry as it heads into 2026. The CPO concept collectively strengthened this Friday. On that day, Zhongji Innolight rose over 5.7%, Eoptolink rose over 6.7%, and TFC rose 10.9%.
<h2>Zhongji Innolight: High-end optical modules drive &#34;dual-driven&#34; revenue and profit</h2>
According to the company's announcement, Zhongji Innolight's net profit attributable to shareholders of listed companies is expected to be between 980 million and 1.18 billion RMB, an increase of approximately 89.5%–128.2% compared to about 517 million RMB in the same period of 2024. The net profit after deducting non-recurring items is expected to grow by 91.4%–130.8% year-on-year.
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The announcement pointed out that the company's performance growth is mainly benefited from the continued strong investment by end customers in computing power infrastructure, with rapid growth in optical module product shipments, especially the increased proportion of high-speed optical module products. In addition, the optimization of product solutions and improvements in operational efficiency have also contributed to the increase in profit margins. Some one-time factors (such as share-based payment expenses, inventory impairment provisions, and exchange losses) have had a certain negative impact on profits, but the overall profit growth trend is evident.
Previously, Zhongji Innolight had already shown a strong growth trend in its 2025 mid-year and quarterly reports, with a year-on-year net profit growth of over 50% in the first half of the year, indicating a solid foundation for its annual performance growth.
<h2>Eoptolink: High growth momentum continues, significant release of demand for computing power products</h2>
Eoptolink expects its net profit attributable to shareholders of listed companies for 2025 to be between 9.4 billion and 9.9 billion RMB, a significant year-on-year increase of 231.24% to 248.86%. The range for net profit after deducting non-recurring items also shows similarly strong operational performance, indicating robust operational growth momentum
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The company's announcement emphasizes that this is mainly due to the continuous growth of AI-driven computing power investments and the rapid increase in market demand for high-speed products (including optical communication devices).
Combined with the company's performance forecast for the first half of the year, its net profit for the first half has increased by more than 320% year-on-year, indicating that the high growth momentum for the entire year comes from the high-level operation of annual orders and product delivery rhythm.
Eoptolink has performed well in optimizing product structure and deepening high-margin niche markets, which also provides solid support for the profit explosion throughout the year.
<h2>TFC: Behind Steady Growth is the Steady Release of Value in Niche Markets</h2>
TFC's 2025 performance forecast shows that the company expects net profit to be between 1.881 billion yuan and 2.150 billion yuan, with a year-on-year growth of approximately 40% to 60%. The net profit after deducting non-recurring gains and losses is also expected to grow nearly at the same rate year-on-year.
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The announcement and comments from research institutions indicate that the company's growth is mainly benefited from the accelerated development of the AI industry, the continuous construction of global data centers, and the company's stable delivery capability in active and passive product lines of high-speed optical devices. In addition, the cost reduction and efficiency improvement from intelligent manufacturing also contribute to steady profitability. Exchange losses and other factors have slightly dragged down financial expenses, but overall growth remains stable and upward.
Combined with its third-quarter report showing a net profit of 1.465 billion yuan for the first three quarters, a year-on-year growth of 50%, the annual performance forecast is basically in line with market expectations

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Following TFC's forecast last week of a maximum net profit increase of 60% year-on-year for 2025, Eoptolink announced on Friday that its annual net profit could reach 9.9 billion yuan, a year-on-year increase of nearly 249%, primarily driven by the continuous growth of AI-driven computing power investments; Zhongji Innolight expects its annual net profit to be as high as 11.8 billion yuan, a year-on-year increase of 128%, benefiting from the sustained strong investment in computing power infrastructure by end customers

"Yi Zhongtian" 2025 collective pre-announcement concludes: Eoptolink's net profit surges over two times, Zhongji Innolight nearly doubles