山西证券给予圣泉集团增持评级，AI领航PPO树脂蓄势待发，硅碳负极放量多孔碳前景可期

Core Viewpoint - Shanxi Securities has issued a report on August 12, recommending a buy rating for Shengquan Group (605589.SH, latest price: 31.02 yuan) based on its strong market position and growth potential in various sectors [2] Group 1: Company Strengths - Shengquan Group is recognized as a global leader in synthetic resins, with promising growth expected in electronic chemicals, biomass, and new energy sectors [2] - The company possesses a competitive edge through its "industry layout + production capacity + advanced technology" in the phenolic resin and casting materials industries, which are relatively mature [2] - The demand for PPO is projected to exceed 6,000 tons by 2027, driven by the upgrade in computing power and the expansion of AI servers [2] Group 2: Growth Opportunities - The penetration rate of silicon-carbon anodes is rapidly increasing, and porous carbon is expected to become a new growth driver for the company [2] - The Daqing project is set to commence production, aiming for high-value utilization of biomass, which is expected to contribute a gross profit of 700 million yuan upon reaching full capacity [2]