证券日报网讯太辰光（300570）8月21日发布公告，在公司回答调研者提问时表示，MPO作为公司的核 心产品，过往一直是公司市场竞争力的体现。基于公司多年的制造经验和在行业的口碑，近几年随着 AI产业的兴起，公司这类业务也迎来的更多的市场机会。MMC和MDC连接器生产组装均已获得 USConec的授权，并进入量产。MDC接续产品(接头及适配器)还获得USConec专利授权，未来将有资格 向市场提供自产MDC系列产品。 ...

Summary of Conference Call Records Company Overview - The company discussed is 太辰光 (Tachyon), a leading manufacturer of MT ceramic inserts in China, focusing on the MPO (Multi-fiber Push On) market and emerging technologies like CPO (Co-Packaged Optics) and GPU direct light technology [1][2][3]. Industry Insights - The MPO market is expected to grow rapidly, with projections indicating a market size exceeding $3 billion by 2026, driven by the high growth of the optical module industry [1][9]. - The MPO industry has a relatively simple structure, with major customers including North American cloud providers like Google, Microsoft, Amazon, and Meta, who rely on wiring companies for comprehensive solutions [5]. Key Points and Arguments - 太辰光 holds a market share of 10%-15% in the MPO market, positioning itself as a significant supplier [1][9]. - The company has achieved improved gross and net profit margins through self-supply of core components, which have been certified by major clients and are now in mass production [1][9]. - CPO switches are gaining attention for their high bandwidth density and low energy consumption, with NVIDIA planning to mass-produce CPO switches in the second half of 2025, indicating increasing market penetration [1][10]. - MMC (Miniature Multi-fiber Connector) connectors are becoming a preferred choice for CPO switches due to their smaller size, allowing for higher density fiber arrangements [1][11]. Emerging Technologies - The company is actively investing in new technologies such as CPO and GPU direct light, collaborating with high-quality clients to prepare for future technology implementation [2][15]. - GPU direct light technology could significantly increase the demand for cables and connectors, as each GPU may require 60 to over 100 fibers in the future [13][14]. Historical Development and Future Potential - Established over 20 years ago, 太辰光 quickly became an industry leader in MT ceramic inserts and has continuously reduced costs, contributing significantly to broadband network development in China [7][8]. - The company has a diversified product line, including MPO/MTP jumpers, low-speed optical modules, and PLC/AWG planar waveguide products, with major clients like Corning and Huawei [6]. Additional Important Insights - The company is not significantly affected by tariffs, as partnerships with large American firms like Corning provide tariff exemptions [3][15]. - The internal connection lines in the CPU era are expected to evolve, requiring more compact designs for efficient installation and maintenance [12]. This summary encapsulates the key insights from the conference call, highlighting the company's strategic positioning within the MPO market and its proactive approach to emerging technologies.