Driven by the demand for AI computing power, the performance forecasts of four companies including Xinyi Sheng and Tianfu Communications are promising

Recently, optical communications companies Xinyi Sheng, Tianfu Communications, Dekeli, and Dongtian Micro have successively released their semi-annual performance forecasts for 2026. The companies all expect year-on-year growth in performance in the first half of the year.

Xinyisheng: Benefiting from the continued growth in AI computing power investment, net profit increased by 77.56%-102.93% year-on-year

Xinyi Sheng announced that the net profit attributable to shareholders of listed companies in the first half of 2026 is expected to be 7.00 billion-8.00 billion yuan, a year-on-year increase of 77.56%-102.93%; the net profit after deducting non-recurring gains and losses is expected to be 6.981 billion-7.981 billion yuan, a year-on-year increase of 77.46%-102.88%.

Regarding the reasons for the change in performance, the company explained that during the reporting period, the company benefited from the continued growth in investment in artificial intelligence-related computing power and the optimization of its product structure. It is expected that sales revenue and net profit will increase significantly compared with the same period last year. In addition, the impact of non-recurring gains and losses on the company's net profit during the reporting period is expected to be approximately 19 million yuan.

Tianfu Communications: Demand for high-speed optical components continues to grow steadily

Tianfu Communications estimates that the net profit attributable to shareholders of listed companies in the first half of 2026 will be 1.124 billion yuan-1.304 billion yuan, a year-on-year increase of 25.00%-45.00%; the net profit after deducting non-recurring gains and losses is expected to be 1.089 billion yuan-1.284 billion yuan, a year-on-year increase of 25.56%-48.02%.

The company stated that its net profit is expected to increase during the reporting period compared with the same period last year, mainly due to the accelerated development of the global artificial intelligence industry and the construction of global data centers, which has driven the continued and steady growth of demand for high-speed optical device products.

Although the shortage of individual materials during the reporting period had a certain impact on the production of the company's related products, the company relied on the advantages of a highly reusable general technology platform and high vertical integration of products to provide customers with a wealth of optical interconnect product solutions, and continued to carry out automation upgrades to promote intelligent manufacturing and lean improvements, achieving year-on-year growth in profits.

On the other hand, due to the impact of exchange losses during the reporting period, financial expenses increased year-on-year, which had a certain negative impact on the current period's profit growth; while the increase in pre-tax deductible costs when employee equity incentives vested had a positive impact on the current period's profit growth. In addition, during this reporting period, the company estimates that the impact of non-recurring gains and losses on the net profit attributable to shareholders of the listed company will be approximately 20 million to 35 million yuan.

Dekeli: Net profit increased by 216.80%-277.31% year-on-year, and data communication business became the core growth engine

Dekeli is mainly engaged in the research and development, production and sales of optoelectronic devices. Its core products include optical transceiver modules, optical amplifiers and optical transmission subsystems.

Dekeli expects to achieve operating income of 519 million yuan-571 million yuan in the first half of 2026, a year-on-year increase of 19.76%-31.76%; the net profit attributable to the owners of the parent company is expected to be 89 million yuan-1.06 billion, a year-on-year increase of 216.80%-277.31%; the net profit after non-recurring gains and losses attributable to the owners of the parent company is expected to be 22 million-24 million yuan, a year-on-year increase of 15.11%-25.58%.

During the reporting period, Dekeli benefited from the accelerated investment in AI computing infrastructure and the continued increase in global data center capital expenditures. The prosperity of the optical communications industry has rebounded significantly, and market demand has grown strongly. Driven by the high prosperity of the industry, the company's revenue and net profit both achieved double-digit growth year-on-year, and the data communication business became the core growth engine. In addition, the company recognized gains from changes in fair value of Wuhan Changjin Photonics Technology Co., Ltd. held through strategic placement, increasing net profit by approximately 67 million yuan.

Dongtian Micro: Net profit is expected to increase by 67.71%-87.44%, and the high-prosperity communications business drives overall growth

Dongtian Micro announced that the net profit attributable to shareholders of listed companies in the first half of 2026 is expected to be 85 million yuan-95 million yuan, a year-on-year increase of 67.71%-87.44%; the net profit after deducting non-recurring gains and losses is expected to be 84 million yuan-94 million yuan, a year-on-year increase of 68.75%-88.84%.

During the reporting period, Dongtian’s micro-business structure continued to be optimized, and the booming communications business drove overall growth. In the first half of the year, the demand for AI computing power drove the boom in the data center optical module industry chain. The revenue share of communication products such as optical isolators and WDM components continued to increase, and the company's overall operational stability increased.

At the same time, the production capacity of the Nanchang optical communication base is accelerating. In order to match the long-term growth demand for communication optics, the company continues to promote equipment procurement and production line construction at the Nanchang base. In the first half of 2026, new coating and molding equipment will gradually be put in place. The production capacity of optical isolators and WDM components is steadily released, and the company can fully undertake the continued growth of downstream orders in the medium and long term.