Xinxunda (300518.SZ): Construction Kicks Off for Xinxing Optoelectronics' Semiconductor Laser Chip Project in Eastern China
3 hour ago / Read about 0 minute
Author:小编   

Xinxunda released an announcement addressing abnormal fluctuations in its stock trading. The announcement revealed that the company finalized its capital injection into Xinxing Optoelectronics on June 30, 2026, and now possesses a 51% ownership stake. Moving forward, Xinxing Optoelectronics will primarily concentrate on the foundry operations for compound semiconductor laser chips. Presently, the construction of Xinxing Optoelectronics' project in Eastern China has just begun, and it will require some time before it is fully completed and operational. Consequently, it is anticipated that this project will not significantly affect the company's revenue and net profit for the current fiscal year. The company's operational status remains steady, and its core business activities remain unchanged. Furthermore, the industry is currently dominated by overseas conglomerates, characterized by high entry barriers and lengthy customer certification processes. Upon the project's commencement of operations, it may encounter challenges such as market penetration difficulties, inadequate production capacity, and heightened competition. There is also a possibility that capacity utilization and the benefits of mass production may not align with expectations.

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