The research report issued by CITIC Securities highlights that, with the continuous expansion and increasing complexity of AI computing power infrastructure, coupled with the gradual maturation of the industrial chain, Micro LED CPO is poised to emerge as a pivotal solution for medium-distance optical interconnects. This is attributed to its superior attributes in terms of power consumption, speed, and stability. Presently, the industry remains in the nascent stages of preparation and research and development, with key challenges centered around the performance of light-emitting chips and the seamless integration of optical systems. It is projected that the industry will progressively transition into the implementation phase post-2027. Regarding potential benefits, it is prudent to focus on companies that excel in Micro LED chip manufacturing and possess a distinct competitive edge in vertical industry integration (the term 'layout' is retained here for contextual accuracy, though translated as 'integration' for clarity in this explanation).