Dongshan Precision (02384.HK): Business momentum is improving, AI optical modules are ramping up shipments rapidly, and product deliveries in the fourth quarter are expected to continue the high-growth trend.

Zhitong Finance APP has learned that as global investment in AI computing power infrastructure continues to increase, demand for high-end optical modules and AI server PCBs from Dongshan Precision (02384.HK) remains robust. The company stated that current downstream order demand is strong, capacity utilization remains at a high level, shipments of AI high-end optical modules are rising rapidly quarter by quarter, and 1.6T products entered the mass shipment stage in the fourth quarter; combined with the company's in-house R&D and production capabilities in high-speed EML optical chips, the dual-driver effect of optical modules and optical chips is further emerging. Benefiting from the continued increase in the share of high-value-added products, the company's overall profit structure has improved significantly. Looking ahead to the fourth quarter, with the concentrated release of optical module capacity, the ramp-up of 1.6T products, and the continued volume growth of high-end PCBs, single-quarter product deliveries are expected to extend the high-growth trend.