Core Viewpoint - DingTong Technology is expanding its production capacity and product offerings, focusing on high-speed communication, liquid cooling solutions, and new energy battery management systems through a proposed convertible bond issuance for financing [1][3]. Production Capacity - The company has five production bases: Dongguan DingTong focuses on communication connectors and is expanding capacity through leasing; Henan DingRun specializes in automotive connectors and is not yet at full capacity; Changsha DingTong is under construction; Malaysia DingTong has commenced mass production; and Vietnam DingTong is planned for construction this year [2][1]. Financing and Projects - The company plans to issue convertible bonds to finance the expansion of its mother company's construction projects, high-speed communication and liquid cooling production, new energy BMS production, and to supplement working capital [3][1]. Satellite Communication Connectors - The CANFD connectors for satellite communication systems have passed customer certification and are being delivered according to orders, but they contribute less than 1% to the overall revenue [3][1]. Liquid Cooling Products - Liquid cooling products are currently in small batch trial production, with one research-focused production line in operation and plans to add another line by Q2 2026 to meet increasing customer demand [5][4]. Market Position and Competitors - The company has established a competitive edge in the liquid cooling sector through R&D progress, technical accumulation, and customer service, despite the potential entry of other suppliers as the market for liquid cooling solutions grows [7][6]. Future Development Plans - The company intends to increase R&D investment in liquid cooling products, enhance product performance and quality, and expand application areas while boosting market promotion efforts to strengthen its competitive position [7][6]. Revenue from Backplane Connectors - Revenue from backplane connectors accounts for approximately 30% of communication products, with optimistic demand forecasts driven by the growth in AI applications [10][1]. Operational Status in Malaysia - The Malaysia DingTong project has entered mass production and is operating normally [11][1].

Core Viewpoint - DingTong Technology (688668.SH) has recently stated that its satellite communication assembly system's CANFD connector products have passed customer certification and are being delivered according to customer orders, although they contribute less than 1% to the company's overall revenue, thus having a minimal impact on revenue [1] Group 1 - The CANFD connector products have been certified by customers [1] - Deliveries are being made based on customer order requirements [1] - The revenue contribution from these products is less than 1% of the company's total revenue [1]

鼎通科技(688668.SH)公告称，公司股票交易连续三个交易日内收盘价格涨幅偏离值累计达到30%以 上，属于股票交易异常波动的情况。公司近期生产经营正常，未发生重大变化。经公司自查，公司卫星 通信总成系统的CANFD 连接器产品已得到客户认证，根据客户订单需求进行交付中，但占公司整体营 业收入较小，不足1%，对公司收入影响较小。 ...

Core Viewpoint - The company announced that its stock price experienced an abnormal fluctuation, with a cumulative increase exceeding 30% over three consecutive trading days in January 2026, indicating potential market volatility [1] Group 1: Stock Performance - The closing price on January 26, 2026, was 151.88 yuan per share, with a rolling price-to-earnings ratio of 101.42, which is higher than the industry average [1] - The stock price increase was attributed to a deviation in closing price over three trading days, specifically on January 22, 23, and 26 [1] Group 2: Company Operations - The company confirmed that its operations are normal and there are no significant matters under planning [1] - The CANFD connector products for satellite communication systems are being delivered, but they account for less than 1% of total revenue [1] Group 3: Shareholder Activity - The controlling shareholder has not engaged in buying or selling the company's stock, while directors and executives completed a planned reduction in holdings on January 23 [1]

Core Viewpoint - The company has successfully introduced the CANFD connector for satellite communication systems into mass production, responding to customer orders and requirements [1] Group 1 - The CANFD connector product has passed customer certification [1] - The company is currently delivering the product based on customer order demands [1]