Torchlight Technology (688167.SH): The proportion of revenue from optical communication related businesses accounts for a relatively low percentage of the company's overall operating income (approximately 8% in 2025)

Chutong Finance APP News, Juguang Technology (688167.SH) released a stock price abnormality announcement, stating that the market has recently shown high interest in the optical communication/computing power data center industry chain. Some of the company's products can be applied in the downstream optical module field, but according to the company's disclosed operating data, the proportion of revenue from optical communication-related business to the company's total operating income is relatively low (about 8% in 2025) and has not yet become a core performance pillar. At the same time, downstream optical module customers' complete machine delivery requires matching high-speed active optical chips and other key components. The current tight supply of active chips upstream may affect the delivery pace of some customers, and there is uncertainty in the surge in related business income and performance contribution. The company's stock price has fluctuated significantly in the short term, reminding investors to pay attention to risks such as technological iteration in the optical communication industry, intensified market competition, changes in supply and demand patterns, to rationally assess stock price fluctuations and pay attention to investment risks.