Huagong Tech: The significant year-on-year increase in optical module exports in Q1 is due to a small base in the same period last year combined with strong demand.

Golden Finance reported that on June 29, in response to media reports earlier that the export of optical module products in the first quarter surged more than 100 times year-on-year, a person from the Securities Department of Huagong Technology said today, "First, the growth in demand for optical modules driven by AI is certain. In addition, our products above 800G were in the testing and small batch (shipment) stage overseas in the same period last year, resulting in a relatively small base, while there has been significant year-on-year growth in the first quarter of this year. The specific situation shall be subject to the financial data in the semi-annual report."
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