The Light Of Domestic Products, Global Explosive Orders

In the first quarter of this year, China's foreign trade showed strong momentum, with a year-on-year growth of 15%, and the quarterly growth rate reached a new high in nearly five years. The export structure is shifting towards innovation and optimization, with multiple new explosive export products emerging. The export volume of several products, including fiber optic cables and optical modules, increased by more than double digits year-on-year in the first quarter, and export orders from multiple companies have been scheduled until 2028.

In early May, a fiber optic production enterprise in Nantong, Jiangsu Province, saw a tenfold increase in the shipping price of its special fiber optic product (G.657.A2 fiber optic) within a year, but still faced a shortage of supply. Orders have increased fourfold year-on-year, and customers need to pay a deposit in advance to lock in factory production capacity. Due to the large-scale construction of computing power centers in regions and countries such as the United States, Europe, the Middle East, and Southeast Asia, this special fiber optic cable that can bend significantly, transmit data at high speed, stability, and low loss has become a hot product in the market. Taking G657 fiber optic cables as an example, the global total demand will reach 370 million core kilometers by 2026, but currently the effective production capacity of Chinese factories is only 200 million to 210 million core kilometers, with a gap rate of over 46%. The company has shifted 30% -40% of its production capacity to specialized optical fibers. The gap is huge, but expanding production is not easy. A prefabricated rod factory with a production capacity of 3500 tons requires an investment of 4 billion yuan and a construction period of two years.

The global shortage of helium gas has become another hurdle, and the sintering production process of fiber optic preforms must use helium gas for heat conduction. This company has solved the dilemma through "domestic helium+high recovery rate", and the proportion of domestic supply has exceeded 50%, which will increase to over 80% in the future.