上海证券给予源杰科技买入评级，源杰科技重大订单点评：1.41亿大单驱动业绩高弹性，国产替代突破再验证

Group 1 - The core viewpoint of the article is that Yuanjie Technology (688498.SH) is rated as a "buy" by Shanghai Securities due to its strong growth potential driven by order catalysts and product structure improvements [2] - The company is expected to see both revenue and profit growth as a result of these order catalysts [2] - Key certifications have been obtained, enhancing the company's technological barriers, which supports the narrative of domestic substitution as a primary growth logic [2] Group 2 - The AI industry wave is driving continuous catalysts for the optical chip industry, indicating a favorable market environment for Yuanjie Technology [2] - The report highlights the importance of the AI model commercialization and investment from North American cloud vendors as potential influencing factors for the company's performance [2]