Source: Laserfair.com  26^th Mar 2026

On the evening of March 25, Huagong Technology released its 2025 annual report. The report showed that the company achieved an annual operating revenue of 14.355 billion yuan, a year-on-year increase of 22.59%; the net profit attributable to shareholders of the listed company was 1.471 billion yuan, a year-on-year increase of 20.48%.

During the reporting period, the company actively led industry development, kept innovating based on customer demands, and focused on its three core businesses: Connection, Sensing and Intelligent Manufacturing. Targeting both domestic and international markets, it centered on AI infrastructure support and industrial digital-intelligent empowerment, continuously made breakthroughs in key core technologies, and developed products with the advantages of "global first launch, industry leadership, and specialization, refinement, uniqueness and innovation". The company’s production capacity and market share at home and abroad increased simultaneously, with remarkable results achieved in high-quality development.

Connection Business

AI Computing Power Infrastructure Booms, High-Speed Optical Modules Lead Globally

During the reporting period, the connection business achieved revenue of 6.097 billion yuan, a surge of 53.39% year-on-year, becoming the core growth engine of the company.

Anchored to the global wave of AI computing power infrastructure construction, the company takes high-speed optical connectivity as its core foundation to fully support the high-speed interconnection needs of super-large intelligent computing centers and AI clusters. It has realized large-scale delivery of 800G silicon photonics LPO series and 1.6T optical module products as a global first-tier player, further expanding its customer portfolio and delivery share. It launched the industry’s first 1.6T 3nm FRO/LRO, 1.6T LPO solutions, 3.2T NPO, 3.2T CPO optical engines, as well as 400G/lane optical engine solutions, with industry-leading product performance. Mass delivery of 800G ZR/ZR+Pro coherent optical modules has been achieved, effectively supporting the large-capacity and long-distance transmission requirements of data center and backbone network interconnection scenarios. Meanwhile, it launched 800G ACC and 1.6T AEC/ACC copper cable modules, with its products fully covering four major technology routes: high-speed optical connectivity, high-speed copper cable connectivity, high-efficiency liquid cooling and heat dissipation, and optoelectronic integration.

In the 5G-A business sector, optical modules for base station applications have maintained a leading market share in the industry. At the same time, the company has made forward-looking arrangements for the technical research and product development of optical modules for low-orbit satellite communication and 6G base stations, completed customer sampling and joint debugging tests of a number of key products, and reserved core capabilities for the construction of next-generation mobile communication networks. In the F5G-A business sector, 25G PON OLT/ONU products have achieved large-scale delivery, deeply empowering the upgrade and transformation of gigabit optical networks; 50G PON/OLT has completed product iteration and optimization, with key optoelectronic performance indicators reaching industry-leading levels, further consolidating its technological and market advantages in the next-generation fixed-line access field.

During the reporting period, Phase I of the Wuhan Optoelectronic Information Industry Innovation and Research Park Project, the Thailand overseas high-speed optical module industrial base, and the Xiaogan intelligent terminal industrial base have been successfully completed and put into operation, providing strong hardware support for the continuous expansion of the company's business scale.

Sensing Business

Global Technological Leadership with 70% Market Share in Automotive Sector

The company has continuously consolidated its global technological leadership in thermal management for new energy vehicles and a full range of sensors for temperature, pressure, humidity, light, air quality and gas detection. During the reporting period, the company’s sensing business recorded operating revenue of 4.027 billion yuan, a year-on-year increase of 9.78%.

The company has actively transitioned from "single-point sensing" to "multi-dimensional integrated intelligent sensing" and from "single components" to "integrated modules", forming a full coverage pattern across three pillar markets: smart home, new energy & intelligent connected vehicles, and smart energy. Its leading position in the new energy and intelligent connected vehicle market has been further strengthened, with its domestic market share rising to 70%, and it has established in-depth collaboration with top automakers at home and abroad.

The penetration rate of temperature sensors and photoelectric sensors in the automotive market has increased significantly; pressure sensors have been adopted by multiple leading automakers, with sales growth exceeding 100%; gas sensors have obtained UL certification, achieving a zero-to-one breakthrough in mass production; and the thermal management integrated module has secured project designation from its first automaker customer.

In the home appliance market, the company has driven the industry’s intelligent and green upgrading through continuous product iteration, and its cooperative customers fully cover the world’s top home appliance brands. In the photovoltaic energy storage sector, the scale of designated projects has risen sharply, covering leading industry players and further consolidating its ecological position. The Thai subsidiary has laid a solid foundation in market development, capacity construction, supply chain and team localization, driving significant growth in overseas business.

Intelligent Manufacturing

Digital-Intelligent Upgrade Fuels Strong Growth in New Energy and Shipbuilding Orders

Driven by the "dual carbon" goals and digital transformation wave, the company has advanced industrial intelligence upgrading centered on intelligent equipment, automated production lines, and smart factories. During the reporting period, the company’s intelligent manufacturing business recorded operating revenue of 3.636 billion yuan, a year-on-year increase of 4.13%.

The Intelligent Equipment Business Group focuses on two high-growth tracks: new energy and intelligent manufacturing. Orders from five core industries including new energy vehicles and shipbuilding accounted for 88% of the total. In the new energy vehicle sector, the company expanded application scenarios from laser cutting to high-value processing processes such as welding, cleaning, quenching and laser cladding, with orders surging 29% year-on-year. In the shipbuilding industry, the world’s first intelligent coding and marking equipment has been deployed in batches; major breakthroughs have been made in innovative products including automated pipe flange cutting and welding lines, and ultra-large-format laser hybrid milling-welding lines, driving a 24% year-on-year increase in orders. 3D five-axis laser equipment has entered the EU market, with sustained volume growth of overseas high-end products.

The Precision Systems Business Group has completed the transition to a product-driven model. It established Suzhou Lihua Zhiwei Technology Co., Ltd. to deploy service-oriented manufacturing, and launched the first 3DP-Cell automated additive manufacturing production line — the line has passed customer verification and secured its first order. It also founded Harbin Huagong Zhiyun Technology Co., Ltd., which focuses on the core technology of AI + laser + robotics; its self-developed all-weather intelligent laser weeding robot is about to enter mass production. The company has achieved major breakthroughs in 3C electronics modules, foldable screens and brittle materials processing while deeply engaging in 3C electronics, semiconductors, hydrogen energy and other sectors. A ten-million-level order for the overseas alkaline electrolyzer factory is under delivery. A full series of SiC industry equipment has passed mass production verification at client sites.

By implementing the "Technology + Scenario" strategy, the company has integrated AI and industrial internet technologies and accelerated its global layout by setting up manufacturing bases in Europe, the United States and Southeast Asia, providing core support for the global intelligent and low-carbon transformation.

Outlook 2026

Reshaping the Landscape with AI and Advancing A+H Global Layout

As the first year of the 15th Five-Year Plan period, 2026 will see Huagong Technology focus on developing new quality productive forces and implement the strategy of "Product AI-empowerment and AI Productization".

In terms of technological leadership, the company will accelerate the iteration of 3.2T/6.4T optical modules, advance the parallel development of multiple technology routes including silicon photonics, LPO and CPO, achieve independent mass production of high-end optical chips, and build AI hubs and industry-specific models. For global expansion, it will press ahead with its H-share listing to establish an A+H dual-capital platform, unlock production capacity at its Thailand and Vietnam bases, and shift from product exports to the globalization of its brand and capabilities. In building a talent-driven enterprise, the company will launch the "500 PhD Program", improve its equity incentive and talent system, and build a top-tier innovation hub.

Looking ahead, Huagong Technology will take innovation, globalization and talent as its core pillars, continuously empower the digital-intelligent transformation of all industries, and build long-term competitive advantages in the new quality productive forces sector.