Huatai Securities' research report highlights that the growth in AI computing power has spurred a substantial surge in demand for optical modules. The swift advancement of 800G and 1.6T products has resulted in increased power consumption, positioning liquid cooling as a crucial solution and unlocking immense potential in the market for liquid-cooled cages (housings for communication connectors) used in optical modules. Presently, the majority of global optical module cage production is centered among domestic manufacturers. As the demand and power consumption for high-speed optical modules continue to rise, the integration of liquid cooling technology in optical module cages is accelerating its market penetration, pointing to a promising and expansive market future. The research report indicates that domestic traditional cage manufacturers are proactively engaged in developing cutting-edge liquid-cooled products, expanding their production capabilities, and utilizing their existing customer networks for product testing and certification, positioning them to fully capitalize on this industry opportunity.