GTJA research reports pointed out that Eoptolink Technology Inc. (300502.SZ) announced its 2024 interim performance forecast, with impressive profitability and performance that exceeds market expectations. The net income attributable to shareholders of the parent company in the first half of the year is expected to range between 810 million yuan and 950 million yuan, an increase of 180.89%-229.44% year-on-year; the net income range for the second quarter alone is 486-626 million yuan, with a median of 556 million yuan, exceeding market expectations. The bank believes that the Q2 volume growth rate from its North American major customer’s 400G demand exceeded expectations, and that the company's outstanding performance in reducing costs and increasing efficiency, combined with a slight appreciation of the external USD compared to Q1 and a significant increase in the company's 400G shipments, will continue to drive the improvement of profitability through the localization of the supply chain and optimization of the process integration. Considering the company's future growth potential and significant margin catalyst, the bank has adjusted its target price to 173 yuan (previously 93.87 yuan) with a rating of "shareholding" and a target price of 25 times the average industry price for 2025.