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Limited spots available, first come first served. Let us journey together toward sustainability! [Click to Register] On Tuesday (October 13), leading optical module stocks surged rapidly in the afternoon. The benchmark index of the high "light" ChiNext AI ETF Huabao (159363) rallied from underwater at -3.5%, climbed over 3% during intraday trading, and closed up 1.84% with significantly expanded trading volume. Capital has recently continued to focus on positioning opportunities. Among popular individual stocks, T&S Communications rose over 8%, T&S Communication and Dongtian Micro rose over 7%, Linktel Technologies, Changxin Borch, and Photon Technology rose over 5%, while Zhongji Innolight and Eoptolink rose over 1%, ending a nine-day losing streak. On the news front, two major optical communication concept stocks both announced high growth in third-quarter earnings, validating strong demand and high prosperity in the optical communication industry. This signal reinforced the market's optimistic expectations for the optical module sector and boosted confidence in the earnings certainty of optical module leaders. Improved expectations attracted capital back, buying increased, and ultimately drove today's rebound in optical module leaders. Additionally, the prominent supply-demand gap highlights the industry's high prosperity, further corroborating the rebound logic for optical module leaders. On the industrial side, Lumentum CEO Hurlston stated on Friday local time that the company's optical device production capacity through early 2029 has been completely sold out. Hurlston said that for some products, about 70% of demand will remain unmet through next year, and for other products, about 30% of demand will remain unmet through 2028. Guolian Minsheng Securities pointed out that as overseas CSPs continue to increase AI infrastructure investment and the scale of training and inference clusters continues to expand, the value and technical barriers of communication networks in computing power systems are expected to continue rising. On one hand, 1.6T/3.2T high-speed optical modules remain in a continuous upgrade cycle, and new architectures such as NPO/CPO and OCS are expected to further open incremental space in optical engines, optical chips, and optical devices. On the other hand, demand for high-speed switches, data center network equipment, and AIDC infrastructure is also expected to continue benefiting. In terms of allocation, the institution recommends continuing to position in the communications sector around the AI computing power mainline, focusing on high-speed optical modules and upstream core optical devices, new technology directions such as NPO/OCS, and data center switches and the AIDC industry chain benefiting from AI network expansion. *To position in optical module leaders plus AI applications, consider the ChiNext AI ETF Huabao (159363) and its off-exchange feeder funds (Class A 023407, Class C 023408), with a focus on optical module CPO leaders while also covering AI applications. The benchmark index has over 35% weight in "Zhongji Innolight + Eoptolink + T&S Communication," making it a core standard-bearer for AI computing power. Data source: Shanghai and Shenzhen Stock Exchanges, Wind, etc. Note: As of September 30, 2026, according to the Guozheng Index, the top three constituents of the ChiNext AI Index are Eoptolink (weight 12.98%), Zhongji Innolight (weight 12.09%), and T&S Communication (weight 10.8%). Reminder: Recent market volatility may be significant, and short-term gains or losses do not predict future performance. Investors must invest rationally based on their own financial conditions and risk tolerance, and pay close attention to position and risk management. *Institutional views reference source: Guolian Minsheng Securities' "Passive Component Prosperity Expected to Continue, Focus on Q3 Earnings Performance." ETF fund-related fee disclosure: When investors subscribe or redeem fund shares, the subscription/redemption agent may charge a commission of no more than 0.5%. On-exchange trading fees are subject to what the securities company actually charges, and no sales service fee is charged. Feeder fund-related fee disclosure: Huabao ChiNext AI ETF Initiating Feeder C does not charge subscription fees; redemption fees are 1.5% within 7 days and 0% from 7 days (inclusive) onward; the sales service fee is 0.3%. Huabao ChiNext AI ETF Initiating Feeder A charges a subscription fee of 1% for amounts under 1 million yuan, 0.6% for 1 million yuan (inclusive) to 2 million yuan, and 1,000 yuan per transaction for 2 million yuan (inclusive) and above; redemption fees are 1.5% within 7 days and 0% from 7 days (inclusive) onward; no sales service fee is charged. According to the fund manager's assessment, the risk level of ChiNext AI ETF Huabao is R4-medium-high risk, suitable for investors with aggressive risk profiles (C4) and above. The suitability matching opinion should be based on the sales institution's assessment. Risk disclosure: ChiNext AI ETF Huabao passively tracks the ChiNext AI Index. The index base date is December 28, 2018, and the launch date is July 11, 2024. The index's annual returns from 2021 to 2025 were: 17.57%, -34.52%, 47.83%, 38.44%, and 106.35%, respectively, with annualized volatility during the same period of 23.73%, 27.34%, 38.02%, 45.42%, and 41.1%. The index constituent composition is adjusted in a timely manner according to the index compilation rules, and its backtested historical performance does not predict the index's future performance. The index constituents mentioned in this article are for illustrative purposes only. Individual stock descriptions do not constitute investment advice of any form, nor do they represent the holdings or trading activities of any fund under the manager. Any information appearing in this article (including but not limited to individual stocks, comments, forecasts, charts, indicators, theories, and any form of expression) is for reference only, and investors are responsible for any investment decisions they make independently. In addition, any views, analyses, and forecasts in this article do not constitute investment advice of any form to readers, nor shall they bear any responsibility for direct or indirect losses caused by the use of this article's content. Fund investment involves risks. Past performance of a fund does not represent its future performance. The performance of other funds managed by the fund manager does not constitute a guarantee of the fund's performance. Fund investment requires caution. MACD golden cross signals have formed, and these stocks are performing well!