Securities Code: 000988 Securities Abbreviation: Huagong Technology Announcement No.: 2026-16
Huagong Technology Industry Co., Ltd.
2026 First Quarter Performance Forecast
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
I. Estimated Performance for the Period
- Performance Forecast Period: January 1, 2026 to March 31, 2026
- Performance Forecast: It is expected that the net profit will be positive and fall into one of the following categories:
Turnaround to profit Increase Decrease
Item Current Reporting Period Same Period Last Year
Profit: 600 million yuan -640 million yuan
Net profit attributable to shareholders of the listed company:
40,990.45 million yuan
Year-on-year growth: 46.38%-56.13%
Profit excluding non-recurring gains and losses: 365 million yuan -380 million yuan
Net profit attributable to shareholders of the listed company: 309.30 million yuan
Year-on-year growth: 18.01%-22.86%
Basic earnings per share: 0.60 yuan/share -0.64 yuan/share Earnings: 0.41 yuan/share
II. Communication with the Accounting Firm
This performance forecast has not been audited by a certified public accountant.
III. Explanation of Performance Changes
Driven by the strong demand for artificial intelligence (AI) computing power, the optical module market in 2026 continues the high prosperity seen in 2025, exhibiting significant characteristics of strong supply and demand and rapid technological iteration. The company's optical interconnection business benefits from the intensive construction of data centers, with a rapid increase in optical module orders in the first quarter, and a substantial increase in shipments of high-speed optical modules such as 400G, 800G, and 1.6T, resulting in a year-on-year profit increase of approximately 120%. At the same time, the rapid expansion of the new energy-related industrial chain, as well as the strong upward cycle in the shipbuilding industry and the trends of high-end, green, and intelligent development, have brought strong demand for the company's intelligent manufacturing business, leading to a rapid growth in orders for laser equipment and intelligent production lines. Additionally, the market value of equity investments measured at fair value has seen significant growth.
In summary, the company expects that the net profit attributable to shareholders of the listed company in the first quarter of 2026 will increase by 46.38%-56.13% compared to the same period last year.