Break the monopoly, become the first laser chip stock, and become famous in one battle!
It's time to localize laser chips!
In the past, semiconductor laser chips were monopolized by companies in developed countries such as the United States, Germany, and Japan, and domestic laser manufacturers were highly dependent on imports.
In order to get rid of this "stuck neck" dilemma, my country's laser chip companies have embarked on a road of technical research that has lasted for more than ten years.
Today, domestic laser chips are gradually breaking the shackles of import dependence. Taking high-power laser chips as an example, by 2025, my country's localization rate of this chip has increased to 40%.
Behind this turnaround of domestic substitution, Changguang Huaxin is worth mentioning.
Let's look at performance first.
Changguang Huaxin finally has its "highlight moment"!
The performance report shows that the company achieved revenue of 468 million yuan in 2025, a significant year-on-year increase of 71.81%; the net profit attributable to the parent company was 19.5226 million yuan, successfully turning losses into profits.
Don't underestimate this profit of less than 20 million yuan. It not only broke the company's two consecutive years of losing money, but also proved that its technology and products can really sell and make money in the global market.
So, how does Changguang Huaxin do it?
First, deepen the business.
The semiconductor laser chip is the core component of the laser. It looks like a "small chip", but it directly determines the output power, electro-optical efficiency and reliability of the laser. It is the "heart" of the entire laser industry chain.
This kind of chip technology has a high threshold and a large value. It is a core link that cannot be bypassed or eliminated in the laser industry chain. Data show that in the cost structure of lasers, the cost of light sources accounts for as much as 38%, and laser chips account for the bulk of the cost of light sources.
Changguang Huaxin has done two things around laser chips, and they have done both well:
First, deepen the old business.
Relying on the design and mass production capabilities of high-power semiconductor laser chips, the company has extended its business vertically to downstream devices, modules and lasers. At present, the company has established a vertically integrated IDM production model.
At the same time, the company also has 2-inch, 3-inch, and 6-inch semiconductor laser chip mass production lines. You know, the 6-inch mass production line is the largest production line in the industry today, equivalent to the 12-inch mass production line of silicon-based semiconductors.
The second is to expand new business.
As early as 2018, the company established the VCSEL business unit and began to expand VCSEL laser chips horizontally. Subsequently, the company extended its reach to the field of optical communication chips.
When it comes to products, there are actually three major parts: one is the high-power single tube series, the other is the high-power bar series, and the third is the VCSEL and optical communication chip series.
In the first half of 2025, the company's three major series of products contributed a total of 202 million yuan in revenue, accounting for 93.99% of total revenue. Among them, high-power single-tube series products are the company's largest revenue pillar, accounting for 76.98%.
