WOER(SZ:002130) Xin Lang Zheng Quan·2026-01-08 11:10Core Insights - The company conducted an investor meeting on January 8, 2026, with participation from four institutions, focusing on core equipment progress, capacity layout, technological advantages, and project advancement [1] Group 1: Equipment and Production Capacity - The company has successfully put into operation 16 imported foaming extrusion machines since 2025, with remaining equipment delayed due to shipping issues [2] - The core equipment for high-speed communication lines is versatile and can be used across different products, allowing for flexible capacity adjustments based on market demand [2] Group 2: Competitive Advantages - The company's competitive edge in high-speed communication lines is driven by three factors: leading technology capabilities, large-scale production ensuring stable delivery, and long-term partnerships with top-tier clients [2] Group 3: Product Development and Market Response - The company has completed the development of a single-channel 448G high-speed communication line sample, which is currently under validation by key clients [2] - The impact of rising copper prices on gross margins is mitigated through a pricing mechanism that adjusts product prices in line with copper price fluctuations [2] Group 4: Expansion Plans - The company plans to establish three new production bases domestically and internationally, focusing on high-speed communication lines and electronic materials, with capacity planning based on market conditions and customer demand [2] - Progress has been made on the company's Hong Kong stock issuance, with the China Securities Regulatory Commission issuing a notice for overseas listing on December 9, 2025 [2]