CIG(603083)2024-03-20 09:52Group 1: Financial Performance - In 2023, the company's foreign exchange gains amounted to approximately RMB 31.79 million [2] - The company plans to utilize derivative financial products to lock in foreign exchange gains or reduce losses in 2024 [2] Group 2: Product Development and Market Strategy - In 2024, the company aims to increase the proportion of 10G PON products in its portfolio and introduce 25G PON products to the North American market [2] - The company is focused on expanding its customer base in Europe and North America while scaling up its 10G EPON market efforts in Northeast Asia [2] - The company is enhancing its Wi-Fi 7 product offerings to meet market demands and improve its gateway software platform [2] Group 3: Production and Capacity Expansion - The Malaysian production base has transformed into a key overseas manufacturing site, achieving stable quality improvements and increased production capacity in 2023 [4] - The production output of wired broadband and wireless network products from the Malaysian base exceeded one million units in 2023 [4] - The company plans to establish a new manufacturing base in Zhejiang, covering approximately 149.3 acres, with the first phase expected to be completed by the end of 2025 [4] Group 4: Share Issuance and Financing - The company is seeking shareholder approval to authorize the board to issue shares through a simplified process, with funds intended for core business projects [3] - The specific issuance plan will be reviewed based on the company's financing needs and requires regulatory approval [3]