On July 2, 2026, a focused survey of Zhaolong Interconnect was conducted by Northeast Securities and OrionStar Research. According to the survey findings, the company has witnessed a steady increase in orders during the first half of the year, buoyed by the release of its enhanced production capacity. This growth is further supported by robust demand in downstream sectors, including high-speed interconnects, 10-gigabit cabling, and industrial applications. Although the company's gross profit margin is currently facing short-term pressure due to factors such as elevated raw material costs and the expansion of new production lines, it is anticipated to rebound through strategic optimization of its product mix. Zhaolong Interconnect is actively pursuing production capacity expansion and has outlined medium- to long-term plans to establish a third R&D and manufacturing base. Looking ahead, performance growth over the next two years is expected to be primarily driven by its high-speed interconnects, 10-gigabit cabling, industrial segments, and optical product businesses.