新易盛:三季度受部分产品出货节奏变化的影响销售收入环比略降 预计2025年Q4和明年将持续保持高景气度

Core Viewpoint - NewEase's sales revenue slightly decreased quarter-on-quarter in Q3 2025 due to changes in the shipment schedule of certain products, but the company expects to maintain a high level of prosperity in Q4 2025 and the following year [1] Group 1: Sales Performance - Sales revenue in Q3 2025 experienced a slight decline compared to Q2 2025 due to the phased changes in the shipment schedule of some products [1] - The overall demand for optical modules is expected to continue increasing next year, indicating a clear upward trend in market demand [1] Group 2: Future Outlook - The company anticipates that the 1.6T product will enter a phase of continuous volume increase from Q4 this year to next year [1] - The company is accelerating its production expansion to meet the growing market demand, with silicon photonics products already being shipped in bulk [1]