Shares of Woer Surge Over 6% as High-Speed Communication Cable Unit Gains from Rising AI Interconnect Demand

Stock News
04/20

WOER (09981) rose more than 6%, with the stock up 6.19% to HK$21.26 at the time of writing, generating a turnover of HK$124 million. On the news front, Huatai Securities expressed optimism that the company's high-speed communication cable business will benefit from growing demand for short-distance AI interconnection both domestically and internationally. The firm holds a strategic position in core equipment and is expected to continue increasing its market share with clients while gradually expanding into new applications such as AEC. Changjiang Securities pointed out that WOER maintains a solid advantage in traditional heat-shrink materials and the power sector, while new energy products, represented by liquid-cooled charging guns, are ramping up production, opening new growth avenues. Its subsidiary, Loten Liaison, is a leading global supplier of high-speed data communication copper cables. Driven by both technological leadership and scaled intelligent manufacturing, the subsidiary is strengthening its competitive edge. Loten Liaison is well-positioned to fully benefit from AI data communication demand, which is expected to drive rapid expansion in scale.

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