国金证券：量价齐升带动连接器行业快速增长

Group 1 - The rapid development of the AI industry will drive both volume and price increases in the communication high-speed connectors, leading to extraordinary growth in the industry [1] - The demand for connectors is rapidly increasing due to the rising need for servers, switches, and other equipment [2] - Ethernet speeds have increased from 25G/50G to 400G/800G, with expectations to reach 1.6T soon, significantly boosting data throughput requirements [2] - The single-channel rate of high-speed I/O connectors has improved from 10Gbps to 112Gbps, accelerating the upgrade of connectors and resulting in price increases [2] Group 2 - The single-channel rate of 112Gbps high-speed I/O connectors is expected to see significant growth by 2025 [3] - The simultaneous increase in volume and price is driving rapid growth in the connector industry, with recommendations to pay attention to companies such as Yihua Technology, Huafeng Technology, and Dingtong Technology [4]