Ge Long Hui A P P·2025-12-26 05:46Group 1 - The core viewpoint of the article is that the strategic cooperation between Jerry Holdings and Kawasaki is expected to enhance the certainty of Jerry's power generation business and expand its overseas market opportunities [1] - The partnership will supplement Jerry's gas turbine supply, providing support for its power generation business and increasing the certainty of its data center power generation operations [1] - Jerry has already made breakthroughs in the North American data center power supply sector, demonstrating strong international development potential with replicable and scalable application results [1] Group 2 - The cooperation is global in scope, which is anticipated to support Jerry's data center power generation business outside the United States and further open up its overseas business space [1] - The profit forecast for Jerry is maintained, with projected net profits attributable to shareholders for 2025, 2026, and 2027 being 3.153 billion, 3.818 billion, and 4.464 billion yuan respectively [1] - Based on comparable company valuations, a target price of 74.6 yuan is set for the company, maintaining a "buy" rating with a 20x PE for 2026 [1]