7-2-122

5 100004

+86 10 8566 5588

+86 10 8566 5120

www.grantthornton.cn

2026 610A020332

7

18

2023 2024 2025

2026 1-6 2026 6 30

2025

7-2-21

1 280000

AWG CW

COC MPO/MMC

12.65

1

2

—— 6 2 4

18 5

2

7-2-37 5 5

1 5

1

1 AWG

76899.14

1 15908.65 20.69%

2 55423.86 72.07%

3 3566.63 4.64%

4 2000.00 2.60%

76899.14 100.00%

1

15908.65

/

1 3# 4400.00 2500.00 12500.00 6600.00

2 8# 6600.00 2000.00 3000.00 3300.00

3

7-2-43 12# 3 2437.00 2000.00 487.40

4 12# 4 1870.00 3000.00 561.00

5 14# 1 600.00 5000.00 300.00

6 14# 2 2226.00 2500.00 556.50

7 14# 3 2310.00 3000.00 693.00

8 14# 4 2310.00 3000.00 693.00

9 15# 3 3300.00 1000.00 330.00

10 15# 4 3300.00 3000.00 990.00

11 6#A 618.50 5000.00 309.25

12 6#B 177.00 5000.00 88.50

13 - - - 1000.00

30148.50 - - 15908.65

3# 8#

/

1 3# 12500.00 AWG

2 8# 3000.00 3200 3400

3 12# 3 2000.00

4 12# 4 3000.00

5 14# 1 5000.00

6 14# 2 2500.00

7 14# 3 3000.00

8 14# 4 3000.00

4

7-2-59 15# 3 1000.00

10 15# 4 3000.00

11 6#A 5000.00 3500 /1500 /

12 6#B 5000.00 3500 /1500 /

/

40nm-28nm 11100.00

25000.00

240 17000.00

12500.00

3000.00

-- 2500.00/3000.00

1300.00/2000.00

9561.13

5000.00

2000.00-3000.00

2

55423.86

5

7-2-61 1147.47

2 765.00

3 800.00

4 V 8000.00

5 1280.00

6 FAU 2313.18

7 FAU 1299.58

8 PMLA 14191.00

9 3478.80

10 LENS 765.60

11 39.00

12 1724.97

13 FA 948.26

14 225.00

15 2345.00

16 5580.00

17 3750.00

18 3796.00

19 2975.00

55423.86

AWG 22500.00 72262.00 3.21

55423.86 221212.04 3.99

AWG

6

7-2-7AWG

IPO IPO

12305.10 87275.00 7.09

68296.60 249747.11 3.66

41200.00 83400.00 2.02

5G 43231.31 104400.00 2.41

AWG 55423.86 221212.04 3.99

“ ”

3

3566.63 5%

4

2000.00

2 CW COC

145611.41

7

7-2-81 24257.75 16.66%

2 111562.64 76.62%

3 6791.02 4.66%

4 3000.00 2.06%

145611.41 100.00%

1

24257.75

/

1 2# 1000.00 15000.00 1500.00

2 3# 8400.00 2500.00 12500.00 12600.00

3 8# 12600.00 2000.00 3000.00 6300.00

4 12# 1 600.00 6000.00 360.00

5 6#A 618.50 5000.00 309.25

6 6#B 177.00 5000.00 88.50

7 - - - 100.00

8 - - - 3000.00

23395.50 - - 24257.75

3# 8#

7-2-9/

4500 /

1 2# 15000.00 PCW 1000 / 5000 /

4500 /

2 3# 12500.00

3 8# 3000.00

4 12# 1 6000.00

5 6#A 5000.00 3500 /1500 /

6 6#B 5000.00 3500 /1500 /

/

40nm-28nm 11100.00

25000.00

240 17000.00

12500.00-15000.00

3000.00

4000.00

3500.00

3000.00

2

111562.64

7-2-10100mW CW DFB

1 9486.68

2 5220.50

3 3491.21

4 4664.15

5 Bar 4926.71

6 18606.79

7 3725.00

8 885.58

9 6300.00

400mW CW DFB

10 X 3120.00

11 2360.00

12 5292.00

13 4106.20

14 Bar 1492.80

15 16660.00

16 3571.00

17 COC 17654.00

111562.64

AWG

22500.00 72262.00 3.21

111562.64 272275.26 2.44

AWG

7-2-11AWG

IPO IPO

IPO

VCSEL 20053.50 28774.34 1.43

21963.00 116848.68 5.32

CW COC 111562.64 272275.26 2.44

3

6791.02 5%

4

3000.00

3 MPO/MMC

17154.96

7-2-121 2456.00 14.32%

2 13008.54 75.83%

3 690.43 4.02%

4 1000.00 5.83%

17154.96 100.00%

1

2456.00

/ / /

1 40000.00 48.00 200.00 800.00 576.00 1376.00

2 12000.00 300.00 - - 1080.00 1080.00

52000.00 - - 800.00 1656.00 2456.00

2

13008.54

1 / 6 3DMPO 11623.63

2 MPO 1144.93

3 MES ERP 240.00

13008.54

7-2-132023 5197.50 19772.76 3.80

2024 6607.75 27158.50 4.11

2025 13143.66 93841.80 7.14

- - 5.02

13008.54 93150.58 7.16

1

2

2023 2025 3.80 4.11 7.14

7.16 2025

149864.47 603238.75 4.03

47411.00 217600.00 4.59

10122.30 78611.97 7.77

MPO/MMC 13008.54 93150.58 7.16

7-2-143

690.43 5%

4

1000.00

2

1 AWG

AWG FAU MT-FA AWG

MT-FA FAU

1

AWG MT-FA

FAU

2

AWG MT-FA

7-2-152026 1-6 2025 2024 2023

452.77 877.92 429.42 394.68

461.98 794.15 440.51 172.34

AWG 447.49 737.23 427.03 173.04

102.04% 90.46% 102.58% 43.67%

96.86% 92.83% 96.94% 100.41%

161.73 150.56 125.37 136.94

190.79 92.20 88.61 44.75

168.85 106.27 72.54 38.89

117.97% 61.24% 70.68% 32.68%

88.50% 115.26% 81.86% 86.91%

AWG

FAU MT-

FA AWG MT-FA

3

AWG MT-FA

AWG MT-

FA

FAU

7-2-16FAU

AWG MT-FA FAU

4

AWG MT-FA

FAU MT-FA

FAU MT-FA

106046.67

AWG MT-FA

FAU MT-FA

FAU MT-FA

48945.05

7-2-17AWG MT-FA

FAU

MT-FA

MT-FA

18313.86

5

AWG MT-FA FAU

21.66% AWG FAU MT-FA

AWG MT-FA

AWG AWG MT-FA

FAU

2026 1-6 2025 2024 2023

28.83% 26.52% 28.76% 29.56% 28.42%

39.36% 33.48% 34.99% 45.18% 38.25%

35.23% 38.31% 34.47% 29.75% 34.44%

71.90% 63.67% 68.41% 60.25% 66.06%

43.83% 40.50% 41.66% 41.19% 41.79%

7-2-1841.79%

21.66%

6

6.75

5G 6.77 21.05%

AWG 16 6.49 20.16%

6.67 20.61%

AWG 6.89 19.86%

2 CW COC

CW

COC

1

100mW CW DFB

400mW CW DFB COC

2

7-2-19100mW CW DFB 400mW CW DFB COC

DFB

2026 1-6 2025 2024 2023

2394.34 7413.94 8490.60 8143.91

2220.31 5825.04 5257.66 2074.95

DFB 2162.73 5162.86 6174.72 2770.57

92.73% 78.57% 61.92% 25.48%

97.41% 88.63% 117.44% 133.52%

DFB

2026 1-6 DFB 90%

95%

3

100mW CW DFB

400mW CW DFB COC

100mW CW DFB

7-2-20100mW CW DFB 400mW CW DFB COC

4

100mW CW DFB

400mW CW DFB COC 100mW CW DFB

400mW CW DFB COC

100mW CW DFB

143862.83

100mW CW DFB

400mW CW DFB COC 100mW CW DFB

400mW CW DFB COC

100mW CW DFB

7060.01

7-2-21100mW CW DFB

400mW CW DFB COC 100mW CW DFB

400mW CW DFB COC 100mW

CW DFB

52137.89

5

100mW CW DFB 400mW CW DFB COC

25.08% 100mW CW DFB 400mW CW

DFB COC

DFB

25.08%

2026 1-6 2025 2024 2023

80.50% 58.15% 33.53% 40.40% 53.14%

57.75% 20.77% 16.60% 13.34% 27.11%

VCSEL 11.68% 12.81% 50.31% 11.42% 21.56%

49.98% 30.58% 33.48% 21.72% 33.94%

7-2-2225.08%

6

50G 5.03 50.50%

VCSEL 6.17 19.50%

6.45 18.32%

5.88 29.44%

CW COC 5.94 20.38%

“50G ” 2026

3 MPO/MMC

MPO MMC

1

2

7-2-23MPO/MMC

2026 1-6 2025 2024 2023

696.47 557.81 197.91 148.72

788.07 613.11 205.42 134.87

MPO/MMC 814.26 581.23 196.52 89.58

113.15% 109.91% 103.79% 90.69%

103.32% 94.80% 95.67% 66.42%

MPO/MMC

3

MPO MMC

MPO

MMC

MPO MMC

4

57945.56

7-2-249813.25

8320.81

5

MPO MMC

18.32%

MPO MMC

18.32%

2026 1-6 2025 2024 2023

35.23% 38.31% 34.47% 29.75% 34.44%

57.75% 20.77% 16.60% 13.34% 27.11%

7-2-252026 1-6 2025 2024 2023

33.14% 28.98% 15.96% 21.85% 24.98%

42.04% 29.35% 22.34% 21.65% 28.84%

18.32%

6

6.49 24.64%

MPO/MMC 7.54 19.73%

1 5

18 5

—— 7 5

1

7-2-262

3

1 5

1 18 5

66549.11

280000.00 23.77% 30.00%

213450.89 48000.00

18549.11

7-2-27124530.51

48000.00

2 —— 7 5

7-2-282

1 75459.48

107452.76 212912.48 149549.08

21.38% 26.08% 52.69% 58.89% 2

19876.57

1

2

3

18 1 —

7 1 3

7-2-291

1

1

5G/6G

776 1618 20.2%

2030

5034 2025-2030 25.50%

AI

AI 2025 1149

2030 4294 2025-2030

30.20%

5G-Advanced/6G 50G PON

2030 739

2025-2030 9.50%

29

7-2-302021 -2030

400G 400G

800G

400G

2021 2025 400G

44.70% 109 476 800G

161.50% 14

653

800G

2025-2030 800G

47.10% 4498

7-2-312021 -2030

2

AI

5G/6G

800G/1.6T NPO/CPO

“ - - ”

2025

37.6 7.40%

2026

42 11.70%

7-2-322021 -2026

AI

2021-2025 34

61 15.40% 2030

229 2025-2030 30.50%

AI CPO

1.6T

2025 34

2030 153 2025-2030

35.40% 2025 27 2030

76 2025-2030 23.00%

7-2-332021 -2030

AI

800G

2025 20 2021-2025

145.20% 1.6T CPO

2030 196

2025-2030 58.50%

7-2-342021 -2030

2

1 AI

AI

400G/800G/1.6T

2026 1.6T AI

2027-2028 3.2T ChatGPT DeepSeek

AI

2

CPO NPO LPO

50%

CPO

NPO CPO

7-2-35LPO DSP

3

EML CW DFB

DFB EML

2

PLC AWG

VOA OSW VMUX WDM OCM

MPO MMC

DFB

MQW MOCVD

DFB

7-2-36UL ETL CPR

UL

AI MPO

UL OFNP/OFNR CPR GB/T31247 B1

AI

2026 1-6 2025

124346.84 84.15% 39.08% 159101.97 75.83% 36.05%

9752.34 6.60% 21.96% 25573.94 12.19% 26.84%

13665.26 9.25% 22.19% 25138.97 11.98% 20.42%

147764.44 100.00% 36.39% 209814.88 100.00% 33.06%

2024 2023

60634.69 57.39% 33.39% 36062.55 48.92% 21.37%

21874.30 20.71% 14.75% 19168.22 26.00% 14.21%

23136.77 21.90% 18.92% 18488.23 25.08% 18.28%

105645.76 100.00% 26.36% 73718.99 100.00% 18.73%

7-2-3736062.55 60634.69

159101.97 124346.84 48.92% 57.39%

75.83% 84.15%

21.37% 33.39% 36.05% 39.08%

19168.22 21874.30

25573.94 9752.34 2023 2025 2026 1-6

26.00% 20.71% 12.19% 6.60%

14.21% 14.75% 26.84% 21.96%

2023 2025 2026 1-6

18488.23 23136.77

25138.97 13665.26

25.08% 21.90% 11.98% 9.25%

18.28% 18.92% 20.42% 22.19%

3

/ / /

2026 1-6 2025 2024 2023

29.51 39.08% 18.10 36.05% 6.52 33.39% 6.53 21.37%

0.85 21.96% 0.56 26.84% 0.39 14.75% 0.39 14.21%

15916.63 22.19% 15281.17 20.42% 13357.00 18.92% 13988.36 18.28%

7-2-3822 / 180 /

4

2026 1-6 2025 2024 2023

452.77 877.92 429.42 394.68

AWG

102.04% 90.46% 102.58% 43.67%

161.73 150.56 125.37 136.94

117.97% 61.24% 70.68% 32.68%

2394.34 7413.94 8490.60 8143.91

DFB

92.73% 78.57% 61.92% 25.48%

696.47 557.81 197.91 148.72

MPO/MMC

113.15% 109.91% 103.79% 90.69%

1552809 2703207 1736588 1333397

75.10% 72.63% 67.48% 59.49%

12000.00 24000.00 23500.00 20500.00

75.56% 73.52% 78.24% 73.49%

AWG DFB MPO/MMC

AI

7-2-395

2026 1-6 2025 2024 2023

121778.89 82.41% 154889.66 73.82% 50797.75 48.08% 21616.61 29.32%

14182.67 9.60% 31831.53 15.17% 34798.59 32.94% 35522.09 48.19%

11802.88 7.99% 23093.69 11.01% 20049.42 18.98% 16580.29 22.49%

147764.44 100.00% 209814.88 100.00% 105645.76 100.00% 73718.99 100.00%

21616.61 50797.75

154889.66 121778.89 29.32% 48.08%

73.82% 82.41% AI

35522.09 34798.59

31831.53 14182.67 48.19% 32.94%

15.17% 9.60%

6

1

7-2-402026 1-6 2025 2024 2023

103166.22 72.91% 147396.61 47.56% 99887.33 40.71% 70989.80

282793.87 15.15% 516343.25 58.79% 325170.76 67.74% 193859.76

660967.08 26.07% 1192869.71 44.20% 827231.02 36.49% 606094.50

168844.58 40.72% 253263.94 44.93% 174745.35 4.30% 167538.81

100091.15 20.81% 154675.83 12.26% 137781.83 55.73% 88477.56

92515.05 351.40% 60143.45 138.50% 25217.27 74.63% 14440.36

234729.66 87.84% 387448.80 57.71% 265005.59 46.60% 190233.47

149549.08 50.66% 212912.48 98.15% 107452.76 42.40% 75459.48

2024

2025

2

2026 1-6 2025 2024 2023

38.77% 34.66% 33.88% 34.47%

60.87% 53.96% 57.22% 54.30%

25.53% 23.43% 22.46% 22.63%

48.88% 40.61% 27.29% 19.45%

34.81% 38.00% 35.62% 29.40%

80.42% 58.11% 33.32% 41.88%

48.21% 41.46% 34.97% 33.69%

36.18% 33.19% 26.33% 18.64%

18.64% 26.33% 33.19% 36.18%

7-2-417

2026 1-6 2025 2024 2023

149549.08 50.66% 212912.48 98.15% 107452.76 42.40% 75459.48

31478.47 45.30% 37222.85 473.25% 6493.33 - -4754.67

36.18% 2.99% 33.19% 6.86% 26.33% 7.69% 18.64%

2023 75459.48 2025 212912.48 2026 1-6

2023 4754.67

2025 37222.85 2026

7-2-421

16129.91 28022.89

112186.90 88066.07 21.38% 26.08%

52.69% 58.89%

1

2026 1-6 2025 2024 2023

85444.67 97.02% 103471.40 92.23% 25321.12 90.36% 15254.78 94.57%

2550.76 2.90% 8489.18 7.57% 2701.77 9.64% 791.63 4.91%

70.64 0.08% 226.32 0.20% - - 83.50 0.52%

88066.07 100.00% 112186.90 100.00% 28022.89 100.00% 16129.91 100.00%

15254.78 25321.12 103471.40 85444.67

94.57% 90.36% 92.23% 97.02%

2

7-2-432026 1-6 2025 2024 2023

34735.92 39.44% 74946.11 66.80% 12973.23 46.30% 4872.26 30.21%

50020.87 56.80% 33961.26 30.27% 12858.81 45.89% 8967.52 55.60%

3125.37 3.55% 2972.25 2.65% 1781.73 6.36% 1520.57 9.43%

172.67 0.20% 305.79 0.28% 409.12 1.45% 769.56 4.76%

11.24 0.01% 1.49 - - - - -

88066.07 100.00% 112186.90 100.00% 28022.89 100.00% 16129.91 100.00%

4872.26

12973.23 74946.11 34735.92 30.21%

46.30% 66.80% 39.44% 8967.52 12858.81

33961.26 50020.87 55.60% 45.89% 30.27%

56.80%

2026

3

1 A 55827.72 63.39%

2 B 13832.21 15.71%

43

7-2-443 C 3640.04 4.13%

4 D 3461.11 3.93%

5 E 3224.11 3.66%

79985.19 90.82%

2025

1 A 53938.61 48.08%

2 B 19008.97 16.94%

3 D 12932.41 11.53%

4 C 9317.29 8.31%

5 F 2868.66 2.56%

98065.94 87.42%

2024

1 C 8104.59 28.92%

2 D 8089.19 28.87%

3 A 3088.55 11.02%

4 G 2076.09 7.41%

5 F 1174.79 4.19%

22533.21 80.41%

2023

1 D 5244.81 32.52%

2 C 3980.98 24.68%

3 F 1811.44 11.23%

4 H 464.17 2.88%

5 I 370.62 2.30%

11872.02 73.60%

11872.02

22533.21 98065.94 79985.19

44

7-2-4573.60% 80.41% 87.42% 90.82%

1000

A

2024 AI

2025 2026 1-6

B

2025 2026 1-6

C 2018

D 2018

E 2018

2026

F

2025

G 2024

2

1

45

7-2-462026 1-6 2025 2024 2023

88538.56 112863.44 28294.20 16837.62

442.10 714.83 269.22 738.22

- 138.35 30.59 21.67

88096.46 112286.96 28055.57 16121.07

88066.07 112186.90 28022.89 16129.91

30.39 100.06 32.68 -8.84

0.03% 0.09% 0.12% -0.05%

-0.05% 0.12%

0.09% 0.03%

2

2026 1-6 2025 2024 2023

A 56044.53 94110.49 26851.24 14513.67

B 11589.42 2932.49 1487.26 412.01

C 43616.99 21168.90 2647.92 1976.95

D=A-B+C 88072.10 112346.90 28011.90 16078.61

E 88066.07 112186.90 28022.89 16129.91

F - 138.35 30.59 21.67

G =E-F 88066.07 112048.55 27992.30 16108.24

H=D-G 6.03 298.35 19.60 -29.63

0.01% 0.27% 0.07% -0.18%

7-2-47-29.63 19.60 298.35

6.03 -0.18% 0.07%

0.27% 0.01%

3

2026 1-6 2025 2024 2023

88066.07 112186.90 28022.89 16129.91

409.99 707.86 980.84 923.39

0.47% 0.63% 3.50% 5.72%

3

1

2026 7 FCC FCC 26-50

2026 10 13 “ ”

Covered List

7-2-4816129.91 28022.89

112186.90 88066.07

“ ” “ ” “” “ ” “ ” “”

2

1

100G/200G

7-2-49400G 800G 1.6T

LightCounting 2026 7

Meta 2026

AWG MT-FA FAU CW

2

AI

3

16129.91 28022.89

112186.90 88066.07 21.38% 26.08%

52.69% 58.89% 2023 2025 2026

AFL

7-2-502026 7 UL ETL CPR

1

18

7-2-5130.00%

2026 7 15

2026 1 15

1

2

3

4

2025 7

2026 5 26

2026 5 27

7-2-523.33%

500.00

2024

DFB

DFB

2024 2025

23.53 39.07 DFB

5

7-2-53“ ”

1

2022 11

40200.00

16000.00 39.80%

2025 5 14841.03 2025

11 124.97 14716.06

2026 1 15

2

47.53%

MT MT

MT-FA MPO

MT

3

7-2-54“

2022 12 29

“ ” “”

”

6

7

8

7

7-2-552

“ ” “……”

2026 6 30

-

855.15

6674.07

19876.57

500.00

8997.88

1

2026 6 30

7-2-562

2026 6 30 962.81

855.15

3

2026 6 30 6674.07

5482.91 1191.16

4

2026 6 30 19876.57

“ ” “……”

5

2026 6 30 500.00

DFB

“ ” “……”

6

2026 6 30 8997.88

7-2-572026 6 30

18

1

1

2

7-2-583

2026 1 15

2 3

18 ——

7 “7-1 ”

1

1 AI

2 AI

7-2-593

2 3

1 18

7-2-60MT

DFB

2026 6 30

0.00

171695.46

0.00% 30.00%

2026 1

15

2026 6 30

2 —— 7 1

7-2-61AWG

30% CW COCMPO/MMC

36

7-2-6262

7-2-637-2-647-2-65

此件仅用于业务报告使用，复印无效7-2-667-2-67