Financial Performance and Market Share - High-speed optical modules (100G/200G/400G) accounted for 82.70% of the company's total revenue in 2021 [1] - The global optical module market is expected to grow at a CAGR of 14% over the next 5 years, reaching $17.6 billion by 2026 [2] - China's optical module market is projected to reach $3.3 billion in 2022, with a 22% year-on-year growth [2] Domestic Market Development - The company has launched 5G fronthaul, midhaul, and backhaul optical modules for domestic telecom customers, capturing significant market share [3] - Domestic data center market demand for 200G optical modules has increased due to deployment by leading cloud providers [3] - The company has been a major supplier of 100G and 40G optical modules to domestic cloud providers since 2012 [3] International Market and Exchange Rate Impact - A significant portion of the company's revenue comes from overseas markets [3] - The appreciation of the US dollar has a positive impact on the company's revenue and gross margin [2][3] - The company has begun supplying 200G and 400G optical modules to domestic data center customers [3] Technological Advancements and Product Development - 400G silicon photonics modules are in the market introduction phase, while 800G silicon photonics modules are being tested by key overseas customers [4] - The company has started small-scale sales of 800G optical modules and coherent optical modules in 2021 [4] - The company is developing CPO (Co-Packaged Optics) and related optical and electrical chips, with commercialization timing dependent on R&D progress and market demand [4] Strategic Initiatives and Future Outlook - The company expects 400G ZR coherent optical modules and 200G/400G products to benefit from the East-to-West Data Computing Project and overseas customers' metaverse infrastructure construction [3] - The company's optical module products are expected to play a crucial role in supporting the development of the metaverse [5] - The company has been actively exploring new technologies, including research in lidar, which shares similarities with optical module manufacturing processes [5] Corporate Governance and Investor Relations - The company has successfully completed a private placement, attracting institutional investors and industrial capital [4] - The company's controlling shareholder and employee stock ownership platform currently have no plans to reduce their holdings [4] - The company strictly adheres to information disclosure regulations and has not leaked any undisclosed material information during investor communications [5]