Accelink Technologies Co., Ltd. researches, develops, manufactures, sells, and provides technical services for optoelectronic chips, devices, modules, and subsystem products in China and internationally. Its transmission products include optical transceiver modules, optical fiber amplifiers, optical passive devices, and smart optical devices. The company also offers fixed and wireless access products, as well as data communication products for data centers, enterprise networks, and storage networks, including optoelectronic devices, modules, boards, and active optical cables. Founded in 1976, it is headquartered in Wuhan, China.
Kanghui Co. Subsidiary Signs 1.72 Billion Yuan Computing Power Deal; Accelink Technologies Sees 253 Million Yuan Net Institutional Buying
Kanghui Co.'s wholly owned subsidiary Beijing Kanghui Zhichuang signed a Computing Power Service Contract with Client Company A, with a total contract value of approximately 1.72 billion yuan including tax, for a term of five years. Computing power delivery will be implemented in batches from the end of the third quarter of 2026 through the end of the first quarter of 2027. Trading disclosure data from September 16 shows Accelink Technologies saw net institutional buying of 253 million yuan, accounting for 3.42 percent of total turnover. Luozhou Co. saw net institutional buying of 44.4196 million yuan, accounting for 6.03 percent of total turnover. Huawei disclosed that its next-generation Ascend supernode will soon be officially launched, targeting large-scale data center construction, trillion-parameter large model training, and high-concurrency inference scenarios. According to media reports, Japan's JSR, Tokyo Ohka Kogyo, Shin-Etsu Chemical, and others announced that starting October 1, 2026, new pricing for photoresist for global customers will be raised by 15 percent overall, with high-end ArF series long-term contract quotes raised by 16 to 22 percent, and HBM-specific immersion ArF raised by up to 24 percent. In addition, Deye Co. plans to repurchase shares for 100 million to 200 million yuan, with a repurchase price not exceeding 133 yuan per share. Henggong Precision plans to issue convertible bonds of no more than 810 million yuan for projects including embodied intelligent robots.
Artificial Intelligence › AI Compute & Accelerator Silicon Competition
301261.CS · Capital · Positive Henggong Precision plans to issue up to 810 million yuan of convertible bonds for embodied intelligent robot projects.
4186.JP · Pricing · Positive Tokyo Ohka Kogyo is among the Japanese firms raising photoresist prices 15% overall from October 1, 2026, with high-end ArF up 16-22%.
603139.CG · Demand · Positive Wholly owned subsidiary Beijing Kanghui Zhichuang signed a 1.72 billion yuan computing power service contract with a client for five years.
605117.CG · Capital · Positive Deye plans to repurchase shares for 100-200 million yuan at up to 133 yuan per share.
4063.JP · Pricing · Positive Shin-Etsu is among the Japanese makers raising photoresist prices 15% overall from Oct 1, 2026, with high-end ArF up 16-22% and HBM immersion ArF up to 24%.
Huawei · Technology · Positive Huawei disclosed its next-generation Ascend supernode will soon launch, targeting large-scale data centers, trillion-parameter model training, and high-concurrency inference.
Accelink Technologies first-half 2026 net profit reaches 582 million yuan, up 56.34% year on year
Accelink Technologies released its 2026 interim report, with net profit attributable to the parent company of 582 million yuan, up 56.34% from the same period last year. Total operating revenue was 6.61 billion yuan, up 26.07% year on year, marking a third consecutive year of growth. Net cash flow from operating activities was negative 1.236 billion yuan, a decrease of 1.129 billion yuan compared with the same period last year. The company's latest asset-liability ratio was 37.02%, gross margin was 25.53%, and diluted earnings per share was 0.73 yuan.
Multiple A-share companies disclose half-year reports and plan substantial dividends
On the evening of August 19, multiple A-share listed companies disclosed their half-year reports and planned substantial dividends. Dingtai High-Tech plans to distribute a cash dividend of 10 yuan per 10 shares, including tax, totaling 424 million yuan in cash dividends, including tax. Allist plans to distribute a cash dividend of 10 yuan per 10 shares, including tax, totaling 424 million yuan in cash dividends, including tax. Accelink Technologies plans to distribute a cash dividend of 3.7 yuan per 10 shares, including tax, totaling 306 million yuan in cash dividends, including tax. XTC New Energy Materials plans to distribute a cash dividend of 3 yuan per 10 shares, including tax, totaling 151 million yuan in cash dividends, including tax. HSC New Energy Materials plans to distribute a cash dividend of 3 yuan per 10 shares, including tax, totaling 46.4157 million yuan in cash dividends, including tax. Shanghai Airport plans to distribute a cash dividend of 2.7 yuan per 10 shares, including tax, totaling 672 million yuan in cash dividends, including tax. Hualu Hengsheng plans to distribute a cash dividend of 2.6 yuan per 10 shares, including tax, totaling 715 million yuan in cash dividends, including tax.
A-share three major indexes close morning session lower, power sector bucks trend with Huayin Electric and others hitting daily limit up
On the morning of July 17, the three major A-share indexes fell collectively. The Shanghai Composite Index dropped 1.64 percent to 3,818.59 points, the Shenzhen Component Index fell 3.7 percent, the ChiNext Index declined 4.71 percent, and the STAR Composite Index tumbled over 5 percent. More than 4,300 stocks across the market declined. The power sector bucked the trend, with Huayin Electric hitting the daily limit up in a straight line, with over 660,000 lots locked in. Leshan Electric, Guiguan Electric, Shennan Electric A, Hangzhou Thermal Power, Lixin Energy, and Ganneng also hit their daily limit up. Jiawei New Energy surged nearly 16 percent. On the news front, many regions continue to experience high temperatures. Shanghai's power grid reached a record high in maximum electricity load, and several cities in Jiangsu also set new records. Data from the National Energy Administration showed that total electricity consumption in June was 898.1 billion kilowatt-hours, up 3.7 percent year-on-year. The technology sector slumped heavily, with CPO concept stocks plunging. Demingli hit the daily limit down for three consecutive days. Dongshan Precision, Yangtze Optical Fibre, and Accelink Technologies, each with a market value of over 100 billion yuan, also hit the daily limit down. Zhongji Innolight fell over 10 percent, and Tianfu Communication dropped over 11 percent. The pharmaceutical sector also tumbled, with CRO concept stocks Zhaoyan New Drug and Asymchem hitting the daily limit down, and WuXi AppTec falling over 6 percent.
Energy Transition & Power Demand › Grid, Transmission & Power Equipment ▲Demand
Energy Transition & Power Demand › Energy Storage & Grid Flexibility ▲Demand
000037.CS · Demand · Positive Power sector bucked trend amid high temperatures and record electricity loads; Shennan Electric A hit daily limit up.
000899.CS · Demand · Positive Power sector bucked trend amid high temperatures and record electricity loads; Ganneng hit daily limit up.
001258.CS · Demand · Positive Power sector bucked trend amid high temperatures and record electricity loads; Lixin Energy hit daily limit up.
600744.CG · Demand · Positive Huayin Electric hit daily limit up on high temperature-driven power demand.
603259.CG · Demand · Negative Pharmaceutical sector tumbled, with CRO concept stocks hitting limit down; WuXi AppTec fell over 6%.
605011.CG · Demand · Positive Power sector bucked trend amid high temperatures and record electricity loads; Hangzhou Thermal Power hit daily limit up.
Multiple CPO Companies Including DSBJ Report Sharp First-Half Earnings Growth
Several co-packaged optics companies have reported sharp first-half earnings growth. DSBJ expects net profit of 2.9 billion to 3 billion yuan for the first half of 2026, up 282.58 percent to 295.78 percent year on year. Its traditional businesses in consumer electronics and auto parts remain solid, the integration of its optical module business is showing results, and data center related investments are gradually generating returns. Yangtze Optical Fibre and Cable expects net profit of 2.4 billion to 3 billion yuan, up 711 percent to 914 percent, driven by demand for optical fibre and cable from computing power data center construction. Accelink Technologies expects net profit of 559 million to 615 million yuan, up 50 percent to 65.15 percent, as the AI computing power investment wave drives rapid growth in demand for datacom optical modules. Tongfu Microelectronics has entered the supply chain through advanced CPO packaging technology and expects net profit of 1.6 billion to 1.8 billion yuan, up 288.26 percent to 336.80 percent, with strong growth in the semiconductor industry and rising revenue from mid-to-high-end products boosting performance. ZTT expects net profit of 2.352 billion to 2.508 billion yuan, up 50 percent to 60 percent, as the accelerated rollout of AI computing power and new digital infrastructure improves the profitability of optical communication products. Earlier, Hengtong Optic-Electric, SDGI, and Yongding also disclosed positive profit forecasts. Brokerages believe the AI computing power boom is driving the optical communication industry into a new growth cycle. CICC expects the global optical module market to achieve a compound annual growth rate of 28 percent from 2024 to 2027, with 800G and 1.6T optical modules ramping up rapidly in 2026, bringing both volume and price increases. However, attention should be paid to uncertainties such as fluctuations in downstream capital expenditure and technology iteration.
Artificial Intelligence › HBM & AI Memory Technology
002156.CS · Technology · Positive Entered supply chain through advanced CPO packaging technology, expects net profit up 288-337% with strong semiconductor industry growth.
002281.CS · Demand · Positive Expects net profit up 50-65% as AI computing power investment drives rapid growth in demand for datacom optical modules.
002384.CS · Demand · Positive DSBJ expects net profit up 282-296% YoY, driven by data center investments and optical module integration.
600522.CG · Demand · Positive Expects net profit up 50-60% due to accelerated AI computing power and digital infrastructure improving optical communication product profitability.
601869.CG · Demand · Positive Expects net profit up 711-914% driven by demand for optical fibre and cable from computing power data center construction.
600487.CG · Demand · Positive Mentioned as having disclosed positive profit forecast, driven by AI computing power boom.
Accelink Technologies Initiates Preparations for H-Share Listing
The board of Accelink Technologies has approved authorizing management to commence preliminary preparations for an overseas H-share issuance and listing on the Hong Kong Stock Exchange, with the authorization valid for 12 months from the date of board approval. In the first quarter of 2026, the company achieved revenue of 2.773 billion yuan and net profit attributable to the parent of 240 million yuan.
002281.CS · Capital · Positive Board approved preparations for H-share listing on HKEX, which can provide access to international capital and enhance valuation.
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