Page 22 - Market Analysis Report of Optical Communications Field in China & Global market 2024

CHINA

reached 27.3 billion yuan, with a compound growth rate of Chart3-20 The comparison of basic competitiveness among top comprehensive competitiveness enterprises
about 12.18%. AI demand drives the release of high-speed in optical transmission and network access equipment of China in 2024
optical devices,and the performance has been continuously
verified. The revenue of major domestic listed optical device
enterprises has achieved strong growth, and the growth
trend is expected to be continue. Among them, Innolight, basic competitiveness scale competitiveness efficiency competitiveness growth competitiveness
the leading enterprise of China’s optical module and device
enterprises, had a consolidate revenue of 10.718 billion yuan
in 2024, a year-on-year increase of about 11.16%, and a net
profit attributable to shareholders of 2.174 billion yuan, a
year-on-year increase of 77.58%. Cash flow, working capital
turnover, and inventory turnover accounts receivable turnover
that reflect operating efficiency are all at a good level and are
continuously improving.
In the rankings of the Top 10 competitiveness enterprises
in the optical fiber and cable field of China in 2024, the
comprehensive competitiveness index between enterprises HUAWEI ZTE FiberHome TIANYI CIG SDGI ShanshuGi W Delight RaisecomCHULIMXINXI
is excellent. There are 6 enterprises with a score of over
900, including YOFC, HTGD, FiberHome, ZTT, Tongding Chart3-21 The comparison of basic competitiveness among top comprehensive competitiveness enterprises
and Etern. YOFC ranked first with a score of 1000. From in optical components and auxiliary equipment field of China in 2024
the overall performance of China's optical fiber and cable
industry, it can be seen that Chinese enterprises have strong basic competitiveness scale competitiveness efficiency competitiveness growth competitiveness
comprehensive competitiveness in the field of optical fiber
and cable. This is also a strong proof that Chinese optical
fiber and cable enterprises have shown a significant market

ZhoInnngojilight Eoptolink TFC JONHON HGTECH LUSTER O-Net AFR Sunstar
Accelink

Chart3-18 The comparison of basic competitiveness among top comprehensive competitiveness in the optical transmission and network access equipment
enterprises in the optical communications field of China in 2024 of China, Huawei, ZTE, and FiberHome have obvious
advantages in the ranking, with scores of 1000, 932, and
basic competitiveness scale competitiveness efficiency competitiveness growth competitiveness 901, respectively. Tianyi Comheart, CIG Cambridge, SDGI,
Shanshui, GW Delight, RAISECOM and CHULINGXINXI
are all on the list.
In the rankings of the Top 10 enterprises in the optical
components field of China, the top 10 enterprises have an
average score of over 900 points. The listed companies
are Accelink, and Zhongji Innolight, Eoptolink, TFC,
JONHON, HGTECH, LUSTER, O-net, AFR, Sunstar.
Accelink ranks first with a score of 1000, while Zhongji
Innolight ranks second with a score of 999. From the score
list of Chinese optical devices, it can be clearly seen that
high ranking enterprises account for the majority, and the
ZTE HTGD ZTT ETERN TONGDING SDGI Tongguang ZHONGLI overall competitiveness scores of enterprises do not differ
HUAWEI significantly. This also reflects that various enterprises in the
field of optical devices have achieved impressive results in
Chart3-19 The comparison of basic competitiveness among top comprehensive competitiveness enterprises in 2024.
optical fiber and cable of China in 2024 Overall, in 2024, the situation for industry enterprises is
one of challenges and opportunities coexisting. The rapid
basic competitiveness scale competitiveness efficiency competitiveness growth competitiveness development of the communication industry is forcing an
industry reshuffle. On the other hand, it is also promoting
industry enterprises to continuously move forward to “new”.
With the rapid development of digital economy such as
artificial intelligence, it will surely bring new development
opportunities to the optical communication industry, and the
industry is expected to usher in a new round of recovery and
growth trend.
YOFC HTGD FiberHome ZTT TONHDING ETERN SDGI Tongguang FUTONG Nanfang

share globally, and further demonstrates that the industrial
structure of China's optical fiber and cable industry has
become mature.
In the rankings of the Top 10 competitiveness enterprises

20