[2017 News from Zhejiang and Jiangsu] Agix: Optimizing Product Quality, Becoming a Reliable Partner
Time:
Jun 02,2019
On February 22, 2017, the third day of the "2017 Xunshi Jiangsu-Zhejiang Tour," the Xunshi team arrived at the tenth stop of their visit—Suzhou Agix Optical Technology Co., Ltd. (hereinafter referred to as "Agix" or "the Company"). This is a high-tech enterprise with "Integrity, Innovation, and Service" as its corporate spirit. Founded in 2009 by a group of senior professionals in the communications industry, after nearly eight years of hard work and development, it has gradually blossomed in the Jiangnan water town of Suzhou, shining brightly in the field of optical communications. It successfully listed on the National Equities Exchange and Quotations (NEEQ) in July 2016, with the stock code 838112.
On February 22, 2017, the third day of the "2017 Xunshi Jiangsu-Zhejiang Tour," the Xunshi team arrived at the tenth stop of their visit—Suzhou Agix Optical Technology Co., Ltd. (hereinafter referred to as "Agix" or "the Company"). This is a high-tech enterprise with "Integrity, Innovation, and Service" as its corporate spirit. Founded in 2009 by a group of senior professionals in the communications industry, after nearly eight years of hard work and development, it has gradually blossomed in the Jiangnan water town of Suzhou, shining brightly in the field of optical communications. It successfully listed on the National Equities Exchange and Quotations (NEEQ) in July 2016, with the stock code 838112.
Agix implements modern enterprise management and has continuously expanded its scale over the past eight years. Its factory has grown from the initial 600m² to 1500m², and now to 6000m², employing over 200 people. During the interview, Chairman Zhang frankly stated that since moving to the new factory, the company's production capacity and efficiency have steadily improved, and the company's performance has also achieved a certain degree of growth. The company currently has 70% domestic customers and 30% overseas customers. It primarily supplies core components to 40G and 100G high-end module manufacturers and also maintains close cooperation with major listed companies in the domestic telecommunications industry. 90% of its products are used in high-end customer data centers overseas. To actively expand into overseas markets, the company will participate in OFC this year and plans to participate in more exhibitions in the future, actively pursuing an international presence.
When discussing the company's products, Chairman Zhang briefly introduced its main products, including MTP/MPO high-density fiber optic pre-connection systems, power fiber, automated patch cord production equipment, fusion splicing field-assembled fiber optic connectors, standard test patch cords, bundled fiber optic patch cords, and drop fiber optic patch cords. He explained that these products are mainly used in 10G, 40G, and 100G high-end optical communication modules, with applications including cloud computing and data centers, data communication, long-distance transmission, wireless base stations, power communication equipment rooms, and fiber-to-the-home (FTTH). Among these, the MPO series is the company's core product. Chairman Zhang stated that Agix's MPO products offer timely delivery and rapid response, thus gaining consistent favor from domestic and international customers.
Regarding the company's plans for 2017, Mr. Zhang revealed that orders are currently at full capacity, and the company will continue to increase production capacity and R&D efforts this year. The company will also build relatively complete experimental equipment to make reliability testing a routine practice. Mr. Du added that the company's focus this year is on optimizing products, improving quality, and enhancing reliability. From a development strategy perspective, Mr. Du stated that the company highly values changes in customer requirements and is committed to solidly improving existing products.
At the end of the interview, Mr. Zhang shared his outlook and expectations for the optical communication market. He believes the optical communication market is quite optimistic and will experience a period of rapid growth over the next 3-5 years. 100G will be extremely popular, and 100G manufacturers will demand customization of passive products, leading to fierce price competition in the future! The company's strategy is to "increase automation and lean production" to win customers and the market!
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