Jiangsu Etern (SHA:600105) controlling subsidiary Suzhou Dingxin Optoelectronics Technology has secured major purchase orders for high-power laser chip products, according to a Thursday filing with the Shanghai bourse.
Two undisclosed customers placed orders of 542 million yuan and about 591 million yuan, with performance periods extending through December 2027 and January 2028, respectively.
Shares of the telecommunication cable and wire manufacturer rose 4% in recent trade.