金盘科技：5月19日召开业绩说明会，投资者参与

Core Viewpoint - The company is focusing on expanding its capabilities in the data center sector, particularly in power module solutions, while also addressing international tariff challenges and optimizing its global production capacity [2][3][4]. Group 1: Data Center Development - The company plans to invest in a digital factory for data center power modules in Tongxiang, Zhejiang Province, to enhance production capacity and supply stability for AI data centers [2]. - The global demand for IDC (Internet Data Center) is increasing, leading to higher requirements for stable and reliable power distribution equipment [2]. Group 2: Global Production Capacity - The company has established production bases in Mexico, Poland, and Malaysia, and is actively advancing new overseas production capacity expected to be operational within the year [3]. - The company aims to enhance its supply capabilities and service levels in international markets through these new production facilities [3]. Group 3: Market Strategy - The company is implementing an "internal and external dual circulation" strategy to mitigate risks, with domestic sales orders increasing by 27.47% year-on-year in Q1 2025, indicating strong domestic market potential [4]. - The company is leveraging its global production base to create a resilient multinational operating system [4]. Group 4: R&D and Cost Efficiency - The company is committed to increasing R&D investment to enhance product competitiveness and optimize production processes to reduce operational costs [5]. - Measures are being taken to improve cash flow management, including adjustments to customer credit policies and enhancing collection mechanisms for accounts receivable [7]. Group 5: Financial Performance - As of December 31, 2024, the company had an order backlog of 6.5 billion yuan, a year-on-year increase of 35.49%, laying a solid foundation for 2025 performance [5]. - The company's Q1 2025 report shows a revenue of 1.343 billion yuan, a 2.9% increase year-on-year, and a net profit of 107 million yuan, up 13.32% year-on-year [8]. Group 6: Institutional Ratings - In the last 90 days, 18 institutions have rated the stock, with 13 buy ratings and 5 hold ratings, indicating positive market sentiment [9].