Movement Alert|ZJ INNOLIGHT Rises 3.04% in Regular Trading, Goldman Sachs Sharply Raises Optical Module Demand Forecast Combined with Continued Large-Scale Buybacks

Market Focus
6 hours ago

On September 16, ZJ INNOLIGHT rose 3.04% in regular trading, trading at 1115.0 HKD/share, with turnover of approximately HKD 360 million, rebounding from the prior session's decline.

On the news front, Goldman Sachs recently visited 15 Chinese optical communications enterprises and substantially raised its demand forecasts for 800G-and-above optical modules, lifting its projections for 2027 and 2028 by 39% and 36% respectively to 144 million and 171 million units. Goldman Sachs also issued a Buy rating on ZJ INNOLIGHT. The report further indicated that 1.6T optical module pricing is expected to remain above USD 700, with 800G product price declines in 2027 limited to single digits.

Meanwhile, the company continued its aggressive buyback program. On September 15 alone, ZJ INNOLIGHT spent approximately RMB 199 million repurchasing 229,000 A-shares at prices ranging from RMB 867 to RMB 872.77 per share. The cumulative buyback amount over the past week has exceeded RMB 1.7 billion, consistently signaling strong management confidence. Earlier, the company disclosed robust half-year results with revenue of RMB 41.778 billion, up 182.49% year-over-year, and net profit of RMB 13.651 billion, up 241.70%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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