VGT(SZ:300476) Shang Hai Zheng Quan Bao·2025-07-30 13:47Core Viewpoint - The company Shenghong Technology (300476) has gained significant attention from both public funds and renowned Wall Street investment institutions, particularly due to its strong performance in the AI computing sector [2][4]. Group 1: Investment Interest - As of the end of Q2, 314 public funds held significant positions in Shenghong Technology, a substantial increase from 165 funds at the end of Q1, indicating growing institutional interest [4]. - The total market value of Shenghong Technology is currently 165.7 billion yuan, with a year-to-date increase of 351.46% and an almost tenfold increase since January 1, 2024 [2][4]. Group 2: Financial Performance - In Q1 2025, Shenghong Technology reported a revenue of 4.312 billion yuan, representing a year-on-year growth of 80.31%, and a net profit attributable to the parent company of 921 million yuan, up 339.22% year-on-year [6]. - The company's strong performance is attributed to its strategic positioning in the AI PCB sector, capitalizing on the technological advancements in AI computing and data center upgrades [6]. Group 3: Market Outlook - The year 2025 is anticipated to be a pivotal year for AI applications, with a focus on sectors such as robotics, AI glasses, AI smartphones, and smart driving in automobiles [7]. - UBS Wealth Management highlights that the Chinese technology sector presents opportunities for excess returns, supported by the increasing adoption of AI, favorable government policies, and the demand surge driven by innovations like DeepSeek [7].