华工科技：800G LPO光模块今年四季度已经在海外工厂开始交付，明年将继续上量

Group 1 - The company, Huagong Technology, reported significant growth in its overseas export business, with bulk shipments of 400G/800G optical modules already being delivered by overseas equipment and channel partners [1] - The 800G LPO optical modules have started delivery in overseas factories in the fourth quarter of this year, with plans for continued volume increase next year and an expansion of product models [1] Group 2 - An investor inquired about the capacity utilization of the Thailand factory, which is expected to reach 20,000 optical modules per month by the end of the year, up from 15,000 [3] - The revenue for Zhengyuan Photonics (Thailand) Co., Ltd. is projected to be 51 million USD for the first nine months of 2025, which corresponds to an export of only 25,000 optical modules at a price of over 300 USD for the 800G LPO [3] - There was a question raised regarding the authenticity of the reported 128% growth in the North American export market mentioned in the company's third-quarter report, as well as whether overseas market orders are still being shipped from domestic locations [3]