Huagong Tech, based in Optics Valley of China (OVC), has announced its financial results for the first half of the year, achieving revenue of 7.82 billion yuan ($1.17 billion) and marking a 2.53 percent increase year-on-year, with net profit attributable to shareholders reaching 1.19 billion yuan, up 30.17 percent.

While domestic operations remain steady, Huagong Tech's overseas business has grown sharply, generating 1.65 billion yuan in revenue, up 116 percent. For the first time, international sales accounted for over 20 percent of total revenue, reaching 21.07 percent.

The optical interconnect segment, led by high-speed optical modules that cater to AI applications, saw strong overseas demand. This surge propelled the segment’s revenue to 3.8 billion yuan, representing 48.62 percent of the company's total revenue.

In the intelligent sensing sector, Huagong Tech maintained its global leadership in niche markets like PTC heaters and NTC temperature sensors for new energy vehicles, helping the intelligent sensing business generate 1.88 billion yuan in revenue.

Huagong Tech has established two overseas production bases in Thailand and Vietnam and is building the world's first laser equipment 4S store in Hungary. The company also operates four overseas R&D centers in North America, Australia, Germany, and Canada, along with over 40 sales and service centers, reaching more than 90 countries and regions.

Ma Xinqiang, chairman of Huagong Tech, said the company will continue to invest in global expansion, accelerate the development of overseas bases and branches, and focus on acquiring major international clients.