ZHONGJI INNOLIGHT(SZ:300308)2025-04-06 16:10Group 1: Impact of Tariffs - The company is currently researching relevant tariff policies, including evaluating the proportion of product value eligible for tariff exemptions and will submit applications if requirements are met [3] - Overseas customers have not adjusted any demands or orders since the imposition of additional tariffs, nor have they requested changes to existing trade terms [3] - The company has the capability to produce optical modules at its Thailand factory and can deliver products accordingly [3] Group 2: Investor Q&A Highlights - The company sources high-end optical chips from both the US and other countries, and can ship imported chips directly to its Thailand factory for production [4] - The overall supply of EML optical chips is still tight in Q1, but is expected to ease in Q2 and the second half of the year due to increased output from chip manufacturers [4] - The shipment volume of 1.6T products is expected to increase from Q2, but overall demand has decreased compared to the previous year due to customer demand being deferred [4] Group 3: Market Trends and Future Outlook - The demand for 800G and 400G modules remains strong as global CSP manufacturers adopt Ethernet switch technology for AI data centers [7] - The CPO technology is still in the early stages of development and will take time for widespread acceptance and deployment [7] - There is an expectation for larger-scale deployment of 1.6T products in 2026, driven by increasing demand for computing power in AI applications [7]