天风证券给予雄韬股份“买入”评级，全球LFP锂电UPS龙头，充分受益AI+铅改锂

Group 1 - The core viewpoint of the report is that Tongwei Co., Ltd. is rated as "Buy" due to its strong position in the power supply industry, particularly in the UPS power supply business for computing centers and data centers, which contributes significantly to its profits [1] - The industry outlook indicates that the demand for UPS batteries is expected to grow significantly driven by AIDC, and there is a broad long-term application space for hydrogen energy in data centers [1] - The company has a diversified approach in the computing center and data center UPS power supply market, with a multi-line layout including lithium batteries, lead-acid batteries, and hydrogen energy [1]