TFC(SZ:300394)2025-04-08 11:22Group 1: Financial Impact and Sales Performance - In 2023, the company's sales revenue in North America was 42.55 million yuan, accounting for 2.19% of the total sales revenue [3] - The impact of the recent tariff policy on the company's sales business is controllable and limited, with ongoing communication with customers to mitigate tariff effects [3] Group 2: Production Capacity and Expansion - The first phase of the Thailand factory was completed and put into production last year, with major customer certifications already passed [4] - The second phase of the factory is expected to complete renovations soon, with equipment installation and debugging underway [4] - The Thailand factory has not yet made a significant contribution to the company's revenue, but capacity and contributions are expected to gradually increase this year [6] Group 3: Order Demand and Product Transition - Currently, the company's order business remains stable, with no significant adjustments in customer demand due to tariff policies [5] - Future product transitions to overseas production will be considered based on customer demand, production costs, and facility factors [7] Group 4: Operational Costs and Efficiency - The operational costs of the Thailand factory are expected to be higher than those in China initially, influenced by labor supply, employee efficiency, and capacity utilization [7] - The company will continue to promote efficiency improvements and cost reductions [7] Group 5: Product Showcase and Market Trends - The company participated in OFC 2025, showcasing products like FAU (Fiber Array Unit) and POSA (Passive Optical Subassembly) that support high transmission rates of 400G, 800G, and 1.6T, catering to the demands of AI and data centers [7]