On December 8, the results of the 19th Listed Companies Value Selection, hosted by Securities Times, were officially announced. Bolstered by outstanding operating performance, profound technological accumulation, and robust growth potential, TFC Communication was successfully named to the "Top 50 Valuable Listed Companies on ChiNext". This marks the company’s consecutive years of clinching the award, underscoring the capital market’s strong recognition of its comprehensive strength and long-term value.

Authoritative Recognition Validates Consistent Value Proposition

The Listed Companies Value Selection by Securities Times is a prestigious annual event in China’s capital market. Adopting a multi-dimensional evaluation framework integrating objective data scoring, public voting, expert review, and regulatory verification, it identifies industry benchmarks based on core dimensions including financial performance, governance standards, and innovation capability. With over 1,000 listed enterprises participating this year, TFC Communication’s repeated inclusion reaffirms its leading position in the optical communication sector and sustainable development capabilities. In recent years, the company has focused on its core business, optimized industrial layout, enhanced core competitiveness, and actively implemented ESG initiatives, delivering stable long-term value returns to shareholders.

Two Decades of Forging Ahead: Surging Revenue Highlights Growth Resilience

This year marks TFC Communication’s 20th anniversary. From its humble beginnings with a single precision ceramic ferrule product, the company has deeply cultivated the core optical communication sector, gradually achieving platform-scale expansion to evolve into a total solution provider for optical components and a manufacturing service provider for advanced optoelectronic packaging. It is committed to becoming a globally leading optical device enterprise. TFC Communication has achieved simultaneous revenue and net profit growth for seven consecutive years: in 2024, its revenue reached RMB 3.252 billion, representing a year-on-year increase of 67.74%; in the first three quarters of 2025, revenue hit RMB 3.918 billion and net profit attributable to parent company shareholders reached RMB 1.465 billion, both surging by over 50% year-on-year, demonstrating remarkable growth resilience.

R&D Innovation Builds Barriers, Technological Leadership Anchors Industry Frontiers

Behind the stellar financial performance lies the company’s unwavering focus on R&D and innovation as core drivers of growth. TFC Communication has established multiple technology platforms covering materials, devices, and packaging, forming a full-chain technical capability spanning basic materials → passive devices → active optical engines → system-level solutions. Through a collaborative model of independent R&D and joint development with clients, the company has not only achieved independent control over core components but also significantly shortened new product R&D cycles, enabling clients to seize market opportunities ahead of competitors. Boasting over 200 cumulative patents, TFC Communication invested RMB 200 million in R&D in the first three quarters of 2025, a 15.8% year-on-year rise. It is prioritizing research on cutting-edge technologies such as 1.6T optical engines and CPO, leveraging sustained high-intensity R&D investment to drive technological innovation and build a solid technological moat.

Seizing AI Computing Opportunities to Launch a New Journey of Value Creation

Positioned at the forefront of the booming AI computing era, TFC Communication continues to ramp up R&D investment to optimize product performance and control costs, empowering client success. Meanwhile, Phase I of its Thailand production base was put into operation in mid-2024 and is currently expanding capacity to meet client demand; Phase II was commissioned this year, with production capacity to be gradually released in line with customer orders. The globalized production layout provides a solid guarantee for order fulfillment.

The 20th anniversary is a milestone and a new starting point. Going forward, TFC Communication will continue to deepen innovation in core optical communication technologies and strengthen in-depth deployment in AI high-computing scenarios. Leveraging its mass production advantages in 800G/1.6T optical engines to develop new clients, the company will also steadily advance the commercialization of frontier technologies including CPO and silicon photonics integration, injecting momentum into the global digital economy and continuously creating long-term value for the market.