中际旭创(300308) - 投资者关系活动记录表20250430

Group 1: Business Performance and Strategy - The company achieved significant performance in 2024, focusing on diversifying customers and increasing market share through unique technology and large-scale delivery capabilities [2] - The company plans to enhance domestic business to reduce reliance on foreign trade and mitigate tariff impacts, aiming for a more resilient operational structure [3] - The company has a cash reserve of 7 billion RMB and is applying for an additional 7 billion RMB credit line to support normal business operations [5] Group 2: Market and Product Development - The company is actively developing high-speed optical interconnect solutions for autonomous driving and is promoting existing products in the market [2] - The expected revenue for 2025 will primarily come from 1.6T, 800G, and 400G orders, along with automotive optical sensing product orders [8] - The company anticipates a continuous increase in the shipment of 1.6T optical modules starting from Q2 2025 [12] Group 3: Trade and Tariff Impact - The company is closely monitoring the trade war and tariff increases, implementing proactive measures to mitigate any significant adverse effects on operations [4] - The company’s export business has a substantial portion directed to regions outside the U.S., reducing direct exposure to U.S. tariffs [4] - The company has not experienced major negative impacts from current tariff policies, maintaining normal procurement and sales operations [6] Group 4: Investor Relations and Stock Performance - The company is committed to enhancing investor confidence and stabilizing stock prices through improved communication and operational performance [9] - The company has faced a decline in stock price for seven consecutive months, prompting discussions on strategies to improve market value and investor returns [19] - The company emphasizes the importance of dividends and share buybacks as part of its strategy to enhance investor returns [29] Group 5: Future Outlook and Industry Trends - The optical module industry is expected to maintain good revenue and performance growth due to increasing demand for computing infrastructure [49] - The company is focusing on high-speed products and cost-competitive offerings to drive future profitability [47] - The development of AI applications is expected to significantly boost the demand for computing infrastructure, benefiting the company’s market position [15]