Core Viewpoint - Yilian Technology is deeply engaged in the electric connection components sector, showcasing significant potential in emerging business areas [1] Group 1: Product and Market Position - The company specializes in electric connection components, including Cell Connection Components (CCS), power transmission components, low-voltage signal transmission components, and flexible printed circuits (FPC) [1] - CCS, the core product, holds a leading position in the industry with cumulative shipments exceeding 100 million units, earning the title of the provincial champion in manufacturing for Guangdong Province in 2025 [1] Group 2: Business Diversification - The company has established an industrial layout centered around new energy vehicles, with collaborative development across multiple fields such as energy storage systems, industrial equipment, medical devices, consumer electronics, and low-altitude economy [1] - The company is actively expanding into emerging business directions, including low-altitude economy, AIDC, embodied intelligence, and commercial aerospace [1] Group 3: Growth Outlook - The company's new energy vehicle and energy storage business is showing stable growth, while the expansion into AIDC, embodied intelligence, and low-altitude economy is expected to create new growth curves for the future [1] - A "buy" investment rating has been assigned based on the company's promising outlook [1]
研报掘金丨华鑫证券：予壹连科技“买入”评级，深耕电连接组件，新兴业务潜力可观