Core Viewpoint - Lixun Precision announced that the impact of memory price fluctuations is mitigated as costs are locked in during ODM quotations, and DRAM costs and processing are managed by brand clients, independent of the company's ODM business with Andro [1] Group 1 - The company emphasized that the ODM capabilities of Wentai are essential for future AI edge product development, requiring stronger ODM/JDM capabilities [1] - Wentai possesses a large ODM engineering team of two to three thousand people and a vast procurement supply chain for mobile phones and tablets, enabling rapid support for the company's AI edge product development [1]

证券日报网讯 立讯精密（002475）11月26日发布公告，在公司回答调研者提问时表示，汽车产业相对 保守，业务推进是双向的。虽然中国整车品牌在全球声量渐大，但除了少数行业头部企业外，大部分中 国的供应商的市场份额提升滞后于整车。而立讯精密是其中跑得最快、产品品类最丰富的企业之一，公 司正竭尽全力推进相关业务。关于莱尼业务的协同和成为全球前五大汽车Tier1供应商的目标，公司内 部对此有清晰的目标，预计在未来5到10年内实现全球前五的目标。目前，公司正积极推进海外市场的 拓展。 ...

证券日报网讯 立讯精密（002475）11月26日发布公告，在公司回答调研者提问时表示，公司相信，众 多客户选择立讯精密作为首选合作伙伴，是基于公司多方面的优势，包括全球化的布局、垂直整合能力 以及在稳定性、大规模量产方面的可靠交付，这些都为客户带来了极大的信心。此外，公司提供的从 OEM到ODM的双轨赋能模式，在行业内是独一无二的。这些综合能力使公司能够为这些新兴的软件驱 动型客户提供更深度的硬件集成支持。 ...

Core Viewpoint - Lixun Precision (002475) announced on November 26 that it views optical modules as a form of "connection," differing in form from electrical connections, and believes that the technical barriers for electrical connections are higher than those for optical modules [1] Group 1 - The company emphasizes that electrical connections must be developed from the signal source, indicating a strategic approach to their development process [1] - The company asserts that high commercial profits do not necessarily correlate with higher technical difficulty, suggesting a nuanced understanding of market dynamics [1] - The market for optical modules exists, and the company believes that the technical barriers are not as high as those encountered in electrical connections, which may present new business opportunities [1] Group 2 - The company expresses confidence in gaining customer recognition and support from core partners, which provides a strong rationale for pursuing the optical module business [1]

证券日报网讯 立讯精密（002475）11月26日发布公告，在公司回答调研者提问时表示，通信和数据中 心业务板块成长是一个渐进的过程。如果从一个更长的周期来看，比如一至三年，通信业务的成长态势 确实与2016-2017年的消费电子业务相似。但这并不意味着明年一二季度就一定会出现爆发式增长。也 许在未来的几个季度中，会有两三个甚至三四个季度出现爆发式增长。 ...

证券日报网讯 立讯精密（002475）11月26日发布公告，在公司回答调研者提问时表示，从目前的情况 来看，公司不会主动去争取整机柜的方案，这里面涉及多方面的因素，包括公司自身资源的安排和优先 级等。但这并不代表公司拒绝这个市场，如果客户愿意把机会给公司，公司也不会回避。只是从主动出 击的角度，在未来一段时间内，公司暂时不会把整机柜方案作为重点去推动。 ...

Core Viewpoint - Lixun Precision (002475) emphasizes its leadership in developing signal sources for electrical connections, distinguishing itself from competitors in optical connections, and highlights its comprehensive capabilities in power supply and thermal management solutions [1] Group 1: Electrical Connections - The company leads the development of signal sources for both active and passive electrical connections, which is technically more advanced than optical connections [1] - Lixun Precision is one of the few companies globally capable of producing electrical connections, optical connections, power supplies, and thermal management solutions simultaneously, providing greater flexibility and synergy in problem-solving [1] Group 2: Power Supply and Thermal Management - Recent discussions among high-level clients have focused on power supply and thermal management, reflecting historical planning for future computing power growth [1] - The company has achieved zero defect rates in millions of batches for low-voltage power supply modules, showcasing its advanced smart manufacturing capabilities [1] - The reliability of power supplies is critical for AI computing power, as any issues are quickly detected, which underscores the importance of the company's organizational and investment strategies [1]

Core Viewpoint - Lixun Precision (002475) announced that its long-term cooperation model with key clients allows for stability in demand despite fluctuations in storage chip prices [1] Group 1: Business Model - The company has established long-term locking agreements with top clients for high-end and mid-to-high-end product lines, typically lasting two to three years [1] - As a B2B supplier, the company cannot absorb costs arising from fluctuations in raw material prices, exchange rates, or other macroeconomic factors [1] Group 2: Client Demand - The company has observed that its key clients have not indicated a need to reduce production capacity for the second half of the year due to rising storage chip prices, suggesting their ability to secure orders [1]

证券日报网讯立讯精密（002475）11月26日发布公告，在公司回答调研者提问时表示，关于NPO技术路 线，公司认为它只是众多技术路线中的一种，并且从公司个人的技术观点来看，NPO最不可能成为大量 应用的主流技术路线。它可能仅作为CPO(Co-packagedOptics)的一个过渡版本，在少量实验性场景中使 用。公司坚信CPO才是未来主流的场景。即使NPO能够实现量产，其在全场景中的应用比例也不会超过 10%。公司团队一直与湾区的AI算力客户(CSP)技术专家进行密切的交叉学习和验证，以确保公司在整 个技术路线判断上不出现偏差。公司对团队在市场发展趋势判断上的客观性非常有信心。 ...

（文章来源：证券日报） 证券日报网讯立讯精密11月26日发布公告，在公司回答调研者提问时表示，公司更注重利润导向，营收 的增长最终是为了利润。利润率才是公司真正关注的指标。 ...