The stock price increased by more than 30% over two trading days. Jupter states that the optical connectivity business is still in the initial stage.

Securities Times Reporter Mei Shuang

On the evening of February 27, Jepte (688025) released an announcement regarding abnormal stock trading fluctuations, stating that the company’s stock closing prices have deviated by a total of 30% over two consecutive trading days.

After self-examination, as of the disclosure date, the company has no major undisclosed information related to its controlling shareholder, actual controller, or their concerted parties. The company’s current production and operations are normal, with no significant changes.

Jepte stated that recent market attention has been focused on the “optical communication” business concept. The company clarified that it has developed products such as MPO (Multi-fiber Push On), fiber array units (FAU), MMC connectors, and various fiber optic components in the field of optical connectivity/optical communication applications. Based on the company’s operating data for the first three quarters of 2025, revenue from optical communication-related business accounts for less than 5% of total operating income.

Jepte mentioned that its optical connectivity business is still in the early stages. The development prospects in this field are influenced by downstream demand changes, product R&D speed, capacity release plans, market expansion, and industry competition, which introduce certain uncertainties.

Previously, the investor relations activity record for September 15, 2025, disclosed by Jepte showed that the company is accelerating its layout in the optical connectivity/optical communication field, continuously focusing on future optical connection solutions. In response to strong demand from data centers, cloud computing, and artificial intelligence industries, the company launched products such as MPO fiber connectors and fiber array units. The company’s MPO products have passed Senko system certification, and MMC products have passed USCON system certification. Currently, the company is ramping up production to meet customer needs. Leveraging its technical accumulation in module testing, the company aims to improve the automation efficiency of MPO/MMC, achieve high efficiency and high output, and lay a foundation for securing more leading customer orders in the future.

Jepte’s main business includes the research and development, production, and sales of lasers, as well as intelligent equipment primarily used for precise testing and micro-machining of integrated circuits and semiconductor optoelectronic devices. On the evening of February 27, Jepte also disclosed its 2025 performance forecast, reporting that during the period, the company achieved revenue of 2.07 billion yuan, a year-on-year increase of 42.35%; net profit attributable to the parent company was 280 million yuan, a year-on-year increase of 111.46%.

Jepte stated that during the reporting period, benefiting from the global increase in laser demand, the company achieved rapid growth in sales revenue in the fields of precision processing of new energy power batteries and consumer-grade lasers. Meanwhile, its optical communication business quickly entered the market and saw significant revenue growth. Driven by these factors, the company’s total operating income and net profit attributable to the parent company in 2025 showed substantial year-on-year increases.

(Source: Securities Times)