HTGD(SH:600487) Xin Lang Cai Jing·2025-09-29 12:05Core Insights - The light counting predicts that the market size for 800G Ethernet optical modules will exceed that of 400G by 2025, and the overall market for 800G and 1.6T optical modules will surpass $16 billion by 2029 [1] - The global optical communication industry is undergoing a structural transformation driven by AI, with unprecedented growth rates expected [1] - Hengtong Optic-Electric is positioned as a leading enterprise in China's optical communication industry, showcasing comprehensive technology layout and innovative vision at the 2025 PT Exhibition [1] Industry Trends - The demand for transmission bandwidth is increasing exponentially due to the rapid growth of AI-driven data centers and large-scale GPU clusters [1] - The "East Data West Computing" project is driving the upgrade of backbone networks, creating significant demand for the renovation of outdated networks [1] - The industry is transitioning from "quantitative change" to "qualitative change," with AI infrastructure and internationalization presenting unique opportunities [1] Company Developments - Hengtong Optic-Electric showcased its achievements in various fields, including high-speed optical modules and cross-data center interconnection solutions at the PT Exhibition [2] - The company has made significant progress in the marine communication sector, with over 108,000 kilometers of new submarine cables constructed [2] - Hengtong aims to become a global leader in information and energy interconnection solutions, focusing on AI computing infrastructure and integrated communication across air, land, and sea [2] Future Outlook - The company plans to enhance its supply capacity for high-end specialty optical fibers and modules to meet the explosive growth in AI computing demand [2] - Hengtong will continue to increase R&D investment and leverage synergies across its business segments to innovate in communication technologies [2] - The optical communication industry is poised for unprecedented development opportunities driven by the AI wave, with Hengtong playing a crucial role in this transformation [2]