Fushin Technology (688662.SH): The long verification cycle for TEC products used in the communications sector is not expected to have an impact on 2026 revenue

Zhitong Finance App News, Fuxin Technology (688662.SH) issued a stock price change announcement stating that the company's current operating income mainly comes from the consumer electronics sector, and the telecommunications sector accounts for a relatively low share of business revenue. In the communications sector, the company achieved sales revenue of 56.164,600 yuan in the first half of 2026, accounting for 19.19% of revenue. Among them, Micro TEC for 400G and 800G high-speed optical modules has achieved batch supply. Micro TEC for 1.6T high-speed optical modules was supplied in small batches, with a total sales revenue of 35.8397 million yuan in the first half of 2026. At this stage, orders are mainly Micro TEC for 400G and 800G high-speed optical modules; TEC for new CPO packaging technology is in the sample delivery verification stage. Due to the long verification cycle of TEC products used in the communications field, it is not expected to have an impact on 2026 revenue . The company solemnly reminds that the progress of Micro TEC related business development, the size of subsequent orders and profit contributions depend on customer needs, and there is uncertainty.

At present, the company has built a large-scale production capacity of 24 million Micro TEC tablets per year. This fund-raising project involves the expansion of Micro TEC's production capacity. The construction period of the project is 3 years. After completion and delivery, the production capacity of Micro TEC will be increased with an annual production capacity of 42 million tablets. The project implementation process may be affected by multiple factors such as the macroeconomic environment, industry development, market demand, technology iteration, customer introduction, production capacity climbing, and project construction progress, and there is uncertainty about actual benefits.