Core Viewpoint - The report from Huaxin Securities indicates that Haopeng Technology is focusing on AI+ and has a clear profit inflection point, with a strategic shift towards high-value-added products and emerging applications in AI and computing infrastructure [1] Group 1: Business Strategy - The company is actively upgrading its products towards high-value areas, investing in high-voltage positive electrodes, silicon-based negative electrodes, stacked steel shells, and solid-state batteries [1] - The business focus is gradually shifting from traditional consumer electronics to AI edge and computing infrastructure, which is expected to lead to simultaneous increases in product volume and price, opening a second growth curve [1] Group 2: Technological Advancements - The company is strengthening its technological barriers in energy density, safety, and reliability, with solid technical reserves in solid-state batteries and stacked steel shells [1] - Multiple AI edge projects have entered the initial production phase, enhancing order visibility and driving revenue growth [1] Group 3: Market Position and Growth Potential - The company has established deep partnerships with several leading global AI edge technology brands, with new products entering mass production [1] - The increasing proportion of high-end AI products is expected to continuously optimize the overall profit structure [1] - Given the strong technical reserves and the clear growth path in the AI+ sector, the company maintains a "buy" rating [1]
研报掘金丨华鑫证券：维持豪鹏科技“买入”评级，聚焦Ai+，盈利拐点明确