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研報掘金丨山西證券:首予勝宏科技“買入-A”評級,AI算力需求帶來超預期增長空間
格隆匯 06-10 15:02
山西證券研報指出,勝宏科技(300476.SZ)為國內高端PCB龍頭,多層板/HDI板技術領先,通過收購形成“軟硬兼具”佈局。算力需求爆發+汽車電動化、智能化、輕量化驅動PCB行業快速增長,高附加值產品需求旺盛。隨着電子產品對PCB板的高密度、高精度、高性能要求更加突出,未來多層板、HDI板、封裝基板等高端PCB 產品的需求增長將日益顯著。公司在產品、客户、產能三端發力,AI算力需求帶來超預期增長空間。公司作為PCB 硬板龍頭,受益於AI服務器需求增長帶來的高端PCB需求增長,公司板順利導入大客户並佔據優勢份額,首次覆蓋給予“買入-A”評級。
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