Yuanjie Technology: Capacity Expansion on Track, Phase 2 to Start Production Late 2026

The signal here is execution rather than ambition: the company is confirming that a build-out already promised is moving through civil works and equipment install on schedule, which matters for anyone tracking whether optoelectronic chip supply additions actually arrive when forecast. The timeline puts real capacity formation at late 2026 into early 2027, so this is a story about future supply, not current output, and it affects the supplier ecosystem and customers planning around that capacity rather than today's market. The open question is whether equipment commissioning stays on pace, since that step, not completed buildings, is where such timelines typically slip.