According to CoinMeta, a research report by CITIC Securities indicates that since 2023, the rapid development of artificial intelligence has driven the continuous innovation and iteration of optical module technology. New technologies such as the upgrade of optical chip speeds, silicon-optic integration, and CPO architecture have collectively contributed to the advancement of optical module testing equipment. Coupled with the rapid expansion of AI computing infrastructure, optical module testing equipment has seen both an increase in volume and price. Currently, international manufacturers still hold a relatively leading position in the 1.6T high-end market, but domestic companies are accelerating their efforts to catch up, and the gap is narrowing. CITIC Securities is optimistic about the long-term development of the domestic optical module industry and the trend of domestic substitution for high-end optical module testing equipment.