Changxin Bochuang (300548.SZ) reported first-half 2026 revenue of 1.69 billion yuan, approximately $251.5 million, up 40.72% year-on-year. Net profit attributable to shareholders of the listed company rose 91.08% to 321 million yuan, or about $47.8 million, while net profit excluding non-recurring items increased 94.49% to 315 million yuan, or approximately $46.9 million. Basic earnings per share were 1.10 yuan. Operating cash flow remained positive at 311 million yuan, up 4.57%. Data communications, consumer and industrial interconnect sales rose 51.63% to 1.48 billion yuan and accounted for 87.67% of revenue, reflecting strong demand linked to artificial intelligence, data-center computing capacity and network upgrades. Telecom-market revenue fell 8.63% to 202 million yuan amid an industry downturn and increased competition. Overseas sales contributed 1.17 billion yuan, or 69.30% of revenue, compared with domestic China sales of 518 million yuan, or 30.70%. R&D spending rose 22.99% to 69.1 million yuan, representing 4.09% of revenue. The company reported progress in 50G PON (50-gigabit passive optical networking), fiber arrays, MEMS optical switches, OCM, AAWG, high-density optical connectivity, 400G/800G and 1.6T AEC (active electrical cable) products, chips and emerging applications. Investors are likely to focus on larger-scale production of 800G and 1.6T products and the durability of overseas data-center orders.