欧陆通领涨，AI服务器电源行业爆发，新华出海指数全线上扬

Core Viewpoint - The A-share market has shown strong performance, with the Shanghai Composite Index reaching a three-year high, driven by capital inflow, strong earnings, and optimistic sentiment, particularly in the communication and electronics sectors [1] Industry Summary - The AI server power market is experiencing unprecedented growth due to the exponential increase in demand for data centers driven by AI advancements. This sector is expected to see significant expansion, with the global AI server power market projected to grow from $2.846 billion in 2024 to $60.810 billion by 2031, reflecting a compound annual growth rate (CAGR) of 45% from 2025 to 2031 [2] - The energy consumption for AI models is significantly higher than traditional models, with predictions indicating that AI-related power demand could increase from 460 TWh in 2022 to between 620 TWh and 1,050 TWh by 2026, representing a CAGR of approximately 8.6% to 22.9% [2] Company Summary - Oulutong, a leading domestic server power manufacturer, reported a revenue of 3.798 billion yuan in 2024, a year-on-year increase of 32.32%. Its data center power business saw a remarkable growth of 79.95%, contributing significantly to the company's revenue and profitability [3] - Megmeet has entered the Nvidia supply chain, becoming the only mainland power supplier to do so. Since the announcement, its stock has surged over 140%. The company plans to invest 836 million yuan to expand its production capacity in Thailand, aiming for a potential output exceeding 5 billion yuan [4] - Both Oulutong and Megmeet are components of the Xinhua Outbound Index, with respective weekly gains of 83% and 17%. The Xinhua Outbound Index has shown overall positive performance, reflecting optimism regarding policy benefits and emerging demand [5]