Xinyisheng's H1 revenue increased by 100.34% year-on-year to 20.91 billion yuan, and its net profit attributable to the parent company surged by 90.98% to 7.529 billion yuan. The gross profit margin of its optical interconnect products rose to 48.46%.
Xinyisheng announced its financial report for the first half of 2026, with the company achieving operating revenue of 20.910 billion yuan, a year-on-year increase of 100.34%; net profit attributable to the parent company was 7.529 billion yuan, a year-on-year increase of 90.98%. Among these, revenue from optical interconnect products was 20.883 billion yuan, a year-on-year increase of 100.59%, and the gross profit margin further rose to 48.46%, an increase of 0.99 percentage points compared to the same period last year. The company stated that the continuous expansion of AI hashrate infrastructure is the core driver of performance growth, and overseas markets, especially AI infrastructure and large cloud data center customers, are important sources of demand. The company is continuously advancing the research and development of high-speed optical module products such as 800G and 1.6T, and expanding production capacity to meet market demand.
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