富通信息(000836) - 2018年1月9日投资者关系活动记录表

Group 1: Industry Overview - The communication industry is experiencing sustained prosperity, with a short-term focus on China's 4G and optical fiber market, and a long-term view on global optical fiber demand [1] - China has become the largest optical fiber and cable market globally, accounting for approximately 57% of the demand, with China Mobile being the largest demand contributor at about 58% [1] - The average price increase for optical fiber and cable procurement is approximately 11%, with the price of scattered fiber exceeding 100 yuan per core kilometer [2] Group 2: Supply and Demand Dynamics - In 2018, China Mobile's first batch procurement is 110 million core kilometers, significantly increasing demand, while China Telecom is expected to procure 67 million core kilometers [2] - The supply of optical preform rods remains tight, impacting the overall market dynamics [2] - The demand for optical fibers is expected to grow due to 5G, which requires higher bandwidth and smaller base station coverage, potentially doubling the base station construction compared to 4G [2] Group 3: Company Insights and Projects - Xinmao Technology's optical preform rod manufacturing project has a designed capacity of 500 tons, with the first phase set at 200 tons, and installation expected to be completed in 2018 [2] - The company is utilizing plasma spraying technology for the production of optical preform rod casings, differing from the chemical method used by competitors [2] - The expansion willingness among mainstream manufacturers for optical rods is high, although there is caution regarding actual production capacity realization [3]