Megawin Interconnect: High-speed product market demand is relatively strong, company orders are in a relatively saturated state.

Zhao Long Interconnection expressed in institutional research that the current demand for high-speed products in the market is strong, with company orders in a relatively saturated state and overall growth is fast. For large customers, orders have a rolling nature and optimistic expectations. The company continues to advance technological iterations and product upgrades. The company's progress in single-channel 224G high-speed copper cables and connector products is smooth and further optimization is underway; at the same time, the company is pushing forward with the research and development of single-channel 448G high-speed products. In addition, the company is actively advancing the validation work of 400G, 800G AEC connection products with domestic customers.