Zhongtian Technology Sees Minor Stock Increase: Analyzing Future Opportunities in Fiber Optics and Energy Storage

Zhongtian Technology saw a modest increase of 0.29% in its stock price, with a trading volume of 3.37 billion yuan on April 30. The turnover rate was 0.71%, and the company’s total market value reached 47.474 billion yuan. In this article, we will explore the potential opportunities for the company in the future.

Market Analysis

The company’s activities span various sectors, including marine engineering equipment, optical fiber technology, and 6G and 5G developments, as well as lithium battery technology.

1. Zhongtian Technology focuses on the research, innovation, and application promotion of submarine optical (electric) cable products. It has developed comprehensive capabilities in marine system engineering, integrating submarine cables, underwater observation, exploration, cable laying, and wind turbine installation.
2. Jiangsu Zhongtian Technology Co., Ltd. is recognized as a leading company in China for its extensive range of optical and electrical cables, primarily engaged in optical fiber communications and power transmission. Its main products include optical communication and networks, power transmission, marine series, renewable energy, copper products, and commodity trading.
3. As of March 13, 2023, the company stated that it has a solid technical reserve and customer base in the communication industry, having focused on this sector for many years. Zhongtian Technology is closely monitoring advancements in 6G technology and is actively engaged in research and development across multiple directions, which will support the growth of the smart living and smart industry sectors.
4. Holding a flagship position in domestic optical rods, the company commands a market share of 30%-40% for special optical cables. The three major telecom operators are experiencing a rise in both volume and pricing, leading to increased demand for optical fibers and cables.
5. The company has also established production capacity for lithium iron phosphate batteries used in electric vehicles. With the introduction of carbon peak and carbon neutrality strategies, there is a growing need for renewable energy storage solutions, prompting the company to focus on the energy storage market. On May 28, 2021, Zhongtian Technology announced an expansion of its “high-performance lithium battery” project to include new low-carbon source lithium-ion batteries for energy storage applications.

Financial Overview

Today’s main funds experienced a net outflow of 15.81 million yuan, representing 0.05% of the total, with the industry ranking 81 out of 90. This marks the third consecutive day of reduced holdings by main funds, which also saw a net outflow of 104 million yuan across the industry.

The average trading cost of the stock is 14.55 yuan, indicating recent accumulation activity, although the strength of this accumulation is not strong. Currently, the stock price is close to a support level at 13.90 yuan. If this support level is breached, it could trigger a downward trend.

Company Profile

Jiangsu Zhongtian Technology Co., Ltd. is located at 88 Qixin Road, Economic and Technological Development Zone, Nantong City, Jiangsu Province. Established on February 9, 1996, and listed on October 24, 2002, the company produces and sells products in various fields, including communication, power, marine technology, renewable energy, and new materials, along with trading in non-ferrous metals.

The breakdown of its main business revenue is as follows: 41.17% from power grid construction, 17.44% from copper products, 16.84% from optical communication and networks, 14.57% from renewable energy, 7.58% from marine series, and 1.39% from other sources.

As of March 31, there were 252,600 shareholders, an increase of 48.35% since the last period, with an average of 13,509 circulating shares per person, down 32.59%.

From January to March 2025, Zhongtian Technology achieved 9.756 billion yuan in operating income, a year-on-year increase of 18.37%, while the net profit attributable to the parent company was 628 million yuan, a 1.33% decrease from the previous year. Since its A-share listing, the company has distributed a total of 3.423 billion yuan in dividends.

Shareholder Information

As of March 31, 2025, the second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 199 million shares, a decrease of 14.3 million shares from the previous period. Huaxia Energy Innovation Stock A ranks as the fourth-largest circulating shareholder, holding 19.9517 million shares, an increase of 3.7714 million shares. Guangfa High-end Manufacturing Stock A ranks fifth, holding 19.9459 million shares as a new shareholder, while Jiaoyin Selected Mixed Fund is sixth with 17.1758 million shares, an increase of 532,000 shares. China Europe Era Pioneer Stock A ranks tenth with 12.7905 million shares, also a new entrant.

Risk Advisory

Investors are reminded that the market carries inherent risks and should proceed with caution. The information presented herein (including but not limited to individual stocks, comments, predictions, charts, indicators, and theories) is for reference only and does not constitute personalized investment advice.