Core Insights - The company, Luxshare Precision (002475.SZ), conducted an investor relations activity from November 20 to 26, 2025, in Dongguan, Guangdong, attracting over 200 renowned domestic and international institutions, including Goldman Sachs and BlackRock [1] Business Strategy and Development - The company emphasizes cross-domain collaboration and long-termism as key traits for its success in new markets, particularly in automotive and AI computing sectors, aiming to be among the top three in each field within five years [2] - The automotive segment has established four product lines: connectors, wiring harnesses, domain controllers, and intelligent chassis, with a goal to become the largest automotive connector manufacturer in China by 2027 [5] Consumer Electronics - The company is leveraging both OEM and ODM strategies to shorten product development cycles and enhance manufacturing processes, with a focus on AI hardware such as AI Boxes and smart glasses [3] Data Center Business - The data center segment is experiencing growth driven by advancements in power supply and cooling technologies, with the 448G CPC copper connection technology expected to become mainstream [4] AI and Robotics - The company is enhancing manufacturing efficiency through an "AI smart employee" system and plans to launch a highly automated "Manufacturing 2.0" production line by 2026, with a focus on industrial applications [6] Growth Expectations - The management anticipates significant growth across power modules, optical modules, electrical connections, and cooling solutions, with power modules expected to see the fastest growth [8] Technical Strategy - The company maintains that copper connection technology will coexist with optical technology, emphasizing the continued relevance of 448G copper connections in the market [9] Profit Structure in Automotive Business - The wiring harness segment provides stable cash flow, while domain controllers and intelligent chassis are expected to become major growth drivers post-2026 [10] Overseas Expansion - Vietnam remains the preferred location for capacity transfer, but the company is diversifying its production footprint in Southeast Asia to mitigate geopolitical risks [11]