Zhongji Innolight forecasts significant profit increase for Q1 2025

Zhongji Innolight (SZSE:300308) projects a net profit attributable to shareholders of the listed company to be between CNY 140,000 and CNY 170,000 for the first quarter of 2025, representing a year-over-year increase of 38.71% to 68.44%. The net profit after deducting non-recurring gains and losses is estimated to be between CNY 139,000 and CNY 169,000, a rise of 40.37% to 70.67% compared to the same period last year. The company attributes this strong performance to the increased demand for 800G and 400G high-end optical modules, driven by continued investment in computing infrastructure. Zhongji Innolight also stated that equity incentive expenses reduced net profit by approximately CNY 3,700,000, while government subsidies increased net profit by approximately CNY 1,400,000. The full first-quarter report will be released later this year.