东兴证券给予金银河推荐评级：周期与成长共振或开启戴维斯双击

Group 1 - The core viewpoint of the article is that Dongxing Securities has given a recommendation rating to Jinyinhai (300619.SZ) based on its leading position in the domestic lithium battery continuous pulping equipment and silicone equipment sectors [2] - The company's main business is divided into three major segments, indicating a diversified operational structure [2] - Jinyinhai has a leading level of integration in the front-end of lithium equipment, which creates a technological moat for the company [2] Group 2 - The demand for lithium equipment is expected to grow due to the expansion of terminal applications and the development of solid-state batteries [2] - Dry electrode technology is anticipated to become a direction for the iteration of lithium battery processes, highlighting innovation in the industry [2] - The rapid growth of the industry, combined with the company's capacity expansion, is expected to resonate positively, suggesting potential for a "Davis double play" in the company's performance [2]