Tongding Interconnection: Q1 Performance Driven by Two Segments, Focusing on Core Business and Developing New Business

Published: May 20, 2026 19:25

Save

[Tongding Interconnection: Q1 performance mainly driven by optoelectronic communication and security business segments] Tongding Interconnection stated at its earnings briefing that the company's main performance in Q1 2026 was driven by the optoelectronic communication business segment and the security business segment. The company will continue to focus on its core businesses including optical fiber and cable, power cable, and communication cable, while continuously improving quality and efficiency. Meanwhile, it will vigorously develop new business segments represented by energy storage and security, cultivating new profit growth drivers. The company is currently not engaged in optical module business.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

[SMM Analysis] Spot-Order Payables Remain Strong, Pullback in Nickel Sulphate Prices Drags Down Precursor Prices

3 hours ago

5 hours ago

POSCO Holdings to Demonstrate Direct Lithium Extraction Technology in the U.S.

POSCO Holdings will become the first South Korean company to demonstrate direct lithium extraction (DLE) technology in the United States. The company announced on June 10 that it signed a cooperation agreement with Australian resource development company Anson Resources to build and operate a DLE demonstration plant in the Green River region of Utah, the United States. The demonstration plant is scheduled to be completed and begin operations in 2027. POSCO Holdings plans to complete technology validation using actual brine by 2028 and establish a foundation for commercialization.

5 hours ago

Dongwha Electrolyte Selected for High-Manganese Battery Electrolyte Development Project

Dongwha Electrolyte announced on June 9 that it has been selected as the lead company for a project to develop key materials and cell manufacturing technology for 260 Wh/kg-class high-manganese lithium batteries. The specific task focuses on developing electrolyte manufacturing technology that suppresses manganese dissolution in high-voltage high-manganese batteries. The project will run for 45 months, from April this year to December 2029, with funding of KRW 6.5 billion for the specific task.

5 hours ago