三大业务协同释放新动能，立讯精密迎来新一轮加速成长期

Core Viewpoint - The consumer electronics sector is undergoing a transformation driven by AI, leading to explosive growth in AI-enabled devices such as smartphones, laptops, and AR equipment, which in turn increases the demand for high-precision, miniaturized, and multifunctional components [1] Group 1: Company Performance and Projections - Luxshare Precision has forecasted a net profit of 16.52 billion to 17.19 billion yuan for 2025, representing a year-on-year growth of 23.6% to 28.6% [2] - The company aims to improve its operations through vertical integration, resource sharing, and optimization of its operational system following the acquisition of assets from Lany and Wentai [2] - Luxshare has successfully introduced multiple new product projects in collaboration with major clients, particularly in emerging fields such as AR/VR and consumer-grade 3D printing [2] Group 2: Business Strategy and Integration - The company has evolved from precision components to a broad coverage of business areas, achieving high vertical integration through global R&D and production layouts [3] - Luxshare's core strategy focuses on the synergistic growth of ODM and OEM businesses, which enhances product understanding and maximizes manufacturing value [3] - This dual-driven model shortens product development cycles and supports the upgrade of OEM processes, ensuring high-quality service for clients [3] Group 3: Growth in AI and Automotive Sectors - Luxshare is experiencing rapid growth in its communication, data center, and automotive sectors, driven by the surge in generative AI applications and the expansion of AI server and data center infrastructure [4] - The company has positioned itself at key technological upgrade points in the market, leading to significant business collaborations with cloud service providers and equipment manufacturers [4] - In the automotive sector, Luxshare has developed a diverse product matrix, including wiring harnesses and smart cockpit solutions, establishing a solid foundation in the domestic mainstream brand market [4]