大族激光：业务优化增长，维持“买入”评级

Core Viewpoint - Huaxin maintains a "Buy" rating for Dazhu Laser, highlighting its steady growth supported by national policies aimed at building a strong manufacturing country [1] Group 1: Company Performance - Dazhu Laser is a leading enterprise in the intelligent manufacturing equipment sector, showing robust performance [1] - The company's business structure has been optimized, with core businesses flourishing in multiple areas [1] Group 2: Growth Drivers - Key growth engines for Dazhu Laser include PCB and new energy equipment [1] - The company has made significant progress in expanding its overseas market [1] Group 3: Research and Development - Dazhu Laser continues to increase its R&D investment, leading to continuous technological advancements [1] - These technological achievements support business upgrades and profit growth [1]