Taclink(SH:688205) Ju Chao Zi Xun·2025-09-03 08:41Core Viewpoint - The company anticipates gradual improvement in the second half of the year, with new factory operations and product line expansions contributing to a positive outlook for the fourth quarter [2] Group 1: Operational Performance - In the first half of the year, the company experienced rapid growth in computing power demand, but faced capacity and supply chain resource shortages, leading to insufficient order deliveries despite concentrated efforts during the Spring Festival to May Day period [2] - The focus on ensuring delivery of DCI products in the second quarter resulted in delays for other product deliveries [2] Group 2: Product and Market Development - The product structure has shifted, with revenue from data communication products, primarily DCI and high-speed optical modules, showing significant growth, increasing from over 10% to nearly 40% of total revenue [2] - The company is actively expanding its product line and entering new markets, with orderly resource allocation [2] Group 3: Capacity Expansion in Thailand - The capacity construction in Thailand is progressing as planned, with previous reliance on leased spaces for product delivery now transitioning to self-owned facilities [2] - Several customers have completed certification, while new customers are in the certification process [2] - The construction of the Thai facility has completed civil works and is currently undergoing renovations, with production expected to gradually commence after the 2026 Spring Festival, slightly behind the original schedule [2]