Biwin Storage Technology (688525) 证券时报网·2025-05-26 04:18Core Viewpoint - The recent share reduction by executives at Baiwei Storage is minimal and reflects a commitment to the company's future growth, with management expressing confidence in the company's development prospects [2][3]. Group 1: Executive Share Reduction - Baiwei Storage announced that several executives plan to reduce their shareholdings, with total reductions not exceeding 84,750 shares, which is a very small fraction of the total share capital [1][2]. - The executives have committed not to sell any additional shares in the secondary market within the current year after the planned reductions [2]. Group 2: Company Growth and Financial Targets - Baiwei Storage's stock incentive plan is linked to its growth targets, aiming for revenue of at least 6.5 billion yuan by 2025 and a market capitalization of 25 billion yuan during any 20 consecutive trading days in that year [2]. - For 2026, the revenue target is set at a minimum of 8 billion yuan, with a market capitalization goal of 30 billion yuan [2]. Group 3: Market Outlook and Demand - The company is experiencing positive price improvements due to reduced production from original manufacturers and increased demand driven by AI technology, which is expected to enhance overall profit margins [3]. - Baiwei Storage's net profit growth is projected at 237.10% for this year, 48.40% for next year, and 41.73% for 2026, indicating strong growth potential in the A-share market [3]. Group 4: AI Sector Performance - Baiwei Storage anticipates over 1 billion yuan in revenue from its AI-related business in 2024, marking a year-on-year growth of approximately 294%, with significant contributions from AI glasses and other emerging technologies [4]. - The company has established itself as a core supplier for major brands like Meta in the AI glasses sector, with expectations of over 500% growth in revenue from AI glasses in 2025 [4].