Sichuan Huafeng Technology (688629.SH) plans to invest in and construct a high-speed cable module capacity expansion project (Phase II).

Sichuan Huafeng Technology (688629.SH) has announced that, in order to seize the expansion opportunities in the computing infrastructure industry such as AI servers and data centers, implement the company's core development strategy of high-end manufacturing and domestic substitution, fill the capacity gap in high-speed cable modules, and consolidate its core competitiveness in domestic substitution of high-speed cable modules, the company plans to invest in and construct a high-speed cable module capacity expansion project (Phase II). The estimated investment for this phase is approximately RMB 362 million, with a planned total investment of approximately RMB 612 million. The project construction period is 18 months. This capacity expansion focuses on core supporting products for domestic computing servers of key customers, solidifying its position as a core supplier, while deepening cooperation with leading domestic cloud vendors such as ByteDance and Alibaba, reducing dependence on imported high-end high-speed modules, and enhancing the domestic self-sufficiency of computing interconnect components. This investment in capacity expansion will leverage the advantages of large-scale production, optimize production costs, strengthen profitability, and enhance the company's overall competitiveness and sustainable operating capability.