Net profit increased more than five times year-on-year, and Lianxun Instruments’ first quarterly report was eye-catching

Recently, Lianxun Instruments handed over its first quarterly report card after being listed on the Science and Technology Innovation Board.

According to the first quarter report of 2026 disclosed by the company, during the reporting period, Lianxun Instruments achieved operating income of 488 million yuan, a significant increase of 142.52% over the same period last year; the net profit attributable to shareholders of the listed company reached 119 million yuan, a year-on-year increase of 515.17%; the net profit after deducting non-recurring gains and losses was 116 million yuan, an increase of 564.64%.

The company's net cash flow from operating activities turned from negative in the same period last year to a net inflow of 83.41 million yuan, and the quality of earnings has significantly improved. In terms of R&D investment, in the first quarter, Lianxun Instruments’ R&D expenses were approximately 119 million yuan, a year-on-year increase of 108.80%, accounting for more than 24% of operating income, and continued to maintain high-intensity technology investment.

Behind the rapid growth in performance are the industry dividends brought by the explosive demand for artificial intelligence computing power. As the global data center construction process accelerates significantly, the demand for high-speed optical communication products continues to rise, and downstream customers have a strong willingness to expand production, which directly promotes the rapid increase in market demand for Lianxun Instruments communication test instruments and optoelectronic device test equipment.

Lianxun Instruments has been deeply involved in the fields of electronic measuring instruments and semiconductor testing equipment for a long time. It is one of the few domestic suppliers with high-performance testing instruments, high-precision automation equipment and comprehensive semiconductor testing capabilities.

The company's product matrix covers high-speed communication test instruments, electrical performance test instruments, optoelectronic device test equipment and power device test equipment, etc., which can fully meet the testing needs of core links such as optical modules, optical chips, and wafers in the optical communication industry chain.

Especially in the field of high-speed optical module testing, Lianxun Instruments has achieved mass production and supply of 400G, 800G and 1.6T rate core test instruments, and has become the second company in the world to launch all core test instruments for 1.6T optical modules, breaking the long-term monopoly of overseas manufacturers.

On April 24, Lianxun Instruments officially landed on the Shanghai Stock Exchange Science and Technology Innovation Board, raising a total of approximately 2.1 billion yuan. According to the plan, the raised funds will be mainly invested in five core projects, including the next-generation optical communication test equipment R&D and industrialization construction project, the automotive chip test equipment R&D and industrialization construction project, the storage test equipment R&D and industrialization construction project, the digital test instrument R&D and industrialization construction project, and the next-generation test instrument equipment R&D center construction project.

Among them, 513 million yuan is planned to be invested in the optical communication test equipment project, focusing on cutting-edge directions such as 3.2T and 6.4T higher-speed optical modules and silicon optical wafer testing, promoting the company's continuous iteration in core technologies such as ultra-high-speed signal processing, weak signal detection and ultra-precision motion control.

Previously, Lianxun Instruments stated that in the future, it will continue to rely on its technological accumulation in the fields of high-speed signal processing and precision testing, keep up with the development pace of AI computing infrastructure and advanced semiconductor industries, continue to promote domestic substitution and industrial application of testing equipment, and further consolidate its leading position in the domestic high-end testing instrument market.