Teamsun(SH:600410) Sou Hu Cai Jing·2025-08-13 05:55Core Viewpoint - The stock of Huasheng Tiancheng has experienced significant volatility, with a peak increase of 73.65% since July 24, and a nearly fourfold increase since August last year, driven by speculation around AI computing power and its partnership with Huawei [1][3]. Group 1: Stock Performance - Huasheng Tiancheng's stock price reached a high of 17.07 yuan today, marking a new peak in its recent upward trend [1]. - The stock closed at 16.02 yuan, reflecting a 2.56% increase from the previous trading day, with a trading volume nearing 70 billion yuan and a turnover rate of 38% [1]. - The stock has shown a cumulative increase of 58.26% since July 12, with a current price-to-earnings ratio of 50.29 [3]. Group 2: Market Dynamics - The market interest in Huasheng Tiancheng is primarily focused on AI computing power and its integration within the Huawei ecosystem, as the company collaborates on projects like the Tianjin Hebei AI computing center [3]. - The company holds a 9.92% stake in Tailin Micro, a wireless connection chip design firm, enhancing its appeal in the chip sector [3]. - Recent announcements include a successful bid for a project with Hongta Tobacco, valued at 2.7883 million yuan [3]. Group 3: Financial Outlook - The company anticipates a net profit growth of 148%-173% year-on-year for the first half of 2025, largely due to investment income [3]. - Despite the positive outlook, the company's main business faces challenges, with non-recurring net profits remaining negative for several years [3].