格隆汇9月15日丨沃尔核材(002130.SZ)在投资者互动平台表示，公司子公司乐庭智联在通信线缆行业深 耕数十年，拥有丰富的产品开发经验和制程控制经验，在产品设计开发、品质稳定性、产品品类及规模 化生产能力等方面具有较强竞争优势，特别是在高速通信线领域，其技术实力和关键设备储备均处于行 业领先地位，公司的224G单通道高速通信线是目前市场上最前沿的产品。在机器人线缆领域，公司的 工业机器人线缆已通过线束客户应用到终端关节机器人、协作机器人、直角坐标机器人等领域，目前已 实现量产；具身智能机器人线缆对线材的线径、弯扭性能等要求较高，公司对应的动力线、编码线、 USB线和同轴线等可用于具身智能机器人的动力、通信和视觉信号传输，目前部分客户正在试用和测试 中。 ...

Core Viewpoint - The company has experienced significant growth in its high-speed communication cable business, driven by increasing demand from global data centers and artificial intelligence applications, leading to a substantial rise in overall revenue [2][3]. Group 1: Business Performance - The high-speed communication cable business achieved revenue of 466 million, marking a year-on-year increase of 397.80%, contributing to an overall revenue growth of 62.46% for the company [2]. - The company is steadily expanding its production capacity, with five imported foam core cable extrusion machines already in operation and plans to have over twenty by the end of the year, along with an additional ten expected by April next year [2]. Group 2: Product Development - The 224G single-channel high-speed communication cable has seen rapid growth in foreign high-end markets, showcasing advantages such as high frequency performance, reliability, and cost-effectiveness, indicating a large future market demand [3]. - The company is actively developing samples for the next-generation 448G high-speed communication cable, aligning with industry trends [3]. Group 3: Cost Management - The impact of copper price fluctuations on the company is minimal, as copper constitutes a small portion of the raw materials for high-speed communication cables, and the company employs strategic and bulk purchasing to control costs [4]. - The company adheres to a "sales-driven production, appropriate inventory" principle, utilizing information technology to manage inventory levels effectively [4]. Group 4: Business Diversification - In addition to the high-speed communication cable business, the company is also involved in industrial robot cables and embodied intelligent robot cables, with some products already in application or testing phases [5]. - The company maintains a stable development trend in its core business segments, including electronic materials and power products, with the new energy business, particularly DC charging guns, expected to lead the domestic industry in revenue by 2024 [5]. Group 5: Competitive Advantages and Future Plans - The company possesses multiple core competitive advantages, including technology, manufacturing, marketing, branding, and business synergy, laying a solid foundation for long-term development [5]. - The company is planning a listing on the Hong Kong stock market and has submitted application materials, receiving feedback and progressing in related work [5].