The company has announced receiving continuous purchase orders from a US-based fiber optic connection solutions provider, referred to as client PH, from January 1, 2026, to the date of the announcement.

The total cumulative value of these orders amounts to approximately $66.4 million USD, equivalent to about 4.6 billion Chinese yuan excluding tax.

As of the announcement date, cumulative deliveries made to client PH have reached around $44.8 million USD, which translates to roughly 3.1 billion yuan, also excluding tax.

For the first quarter of 2026, the company reported revenues of 266 million yuan, with a net profit attributable to the parent company's shareholders of negative 6.07 million yuan.