研報掘金丨西部證券:首予華勤技術“買入”評級 AI驅動數據中心業務增長
西部證券研報指出,華勤技術(603296.SH)作為全球領先的智能產品平台型企業和人工智能全場景下的軟硬件服務商,為全球科技品牌客户提供從產品研發到運營製造的端到端服務。生成式AI算力需求不斷上升,下游客户持續加大資本開支,驅動公司數據中心業務快速增長。在下游客户加速建設智算中心的背景下,公司有望憑藉良好的技術優勢和客户基礎,實現確定性較高的增長。公司筆電業務在過去幾年穩健增長,2024年下半年成功突破北美大客户,有望為公司筆電業務打開新的增長空間。公司在PC+領域也取得了重要進展,成功突破北美大客户的打印機業務,將於2025年量產交付。此外,公司在汽車電子、機器人等領域積極嘗試,有望在未來提供新的增長空間。首次覆蓋,給予“買入”評級。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.