GKG(SZ:301338) Ge Long Hui·2025-12-25 05:52Core Viewpoint - The report from Huayuan Securities highlights that Kaige Precision Machinery is accelerating the high-end transformation of its AI-driven main business, with new product categories opening up growth potential [1] Group 1: Company Overview - Kaige Precision Machinery is the leading global manufacturer of solder paste printing equipment, projected to have the largest sales in this category in 2024 [1] - The company has successfully entered the supply chains of major global clients such as Huawei, VIVO, and Apple, becoming a key equipment supplier for these companies [1] Group 2: Business Expansion - The company is actively expanding into dispensing equipment, packaging equipment, and flexible automation equipment, which is expected to further enhance its growth potential [1] - The main business of solder paste printing equipment is benefiting from the AI industry trend, leading to a high-end upgrade of its products [1] Group 3: Investment Rating - The report initiates coverage of the company with an "Overweight" rating, reflecting confidence in its growth prospects due to the new growth drivers from the expanded product lines [1]