Megmeet(SZ:002851) Xin Lang Cai Jing·2025-10-31 00:19Core Viewpoint - The company is making steady progress in its AI business, with most projects advancing smoothly and a range of new products launched. Group 1: Product Development - The company has introduced several products, including Power Shelf, BBU Shelf, Power Capacitor Shelf, and 800V/570kW Side Rack, which are compatible with GB200/GB300 and the next-generation Rubin architecture [1] - The product capabilities now span across both external and internal multi-level voltage conversion power modules and systems [1] Group 2: Strategic Expansion - The company is gradually expanding into a comprehensive system solution provider for AI data center power supply, while also advancing SST solutions and Panama power supply solutions [1] - In the next two to three years, low-voltage AC solutions are expected to become a significant component in the AI server power supply sector [1] Group 3: R&D and Partnerships - The company is increasing its R&D investment in the energy storage sector, with a research team of several hundred people [1] - The company has signed cooperation agreements with multiple domestic energy storage enterprises, showing good progress [1] - Specific details on the progress of various stages cannot be disclosed due to confidentiality agreements [1]