金盘科技：以矩阵式创新筑基 勇立AIDC与全球化潮头

Core Insights - The article emphasizes the importance of "innovation" in Jinpan Technology's growth, highlighting both "incremental" and "breakthrough" innovations as core drivers of the company's development [1][3] Group 1: Product Technology and Market Trends - The global data center market is projected to grow from $242.72 billion in 2024 to $584.86 billion by 2032, with a compound annual growth rate (CAGR) of 11.62% [2] - The demand for solid-state transformers has shifted from being an "optional" to a "standard" component in AIDC, driven by exponential growth in electricity demand [2] - Since 2018, the trade value of power transformers in the US and Europe has doubled, indicating a significant reliance on imported transformers [2] Group 2: Company Developments and Innovations - Jinpan Technology established an AI division in 2024, focusing on integrated power modules and solid-state transformers as key product areas [5] - The company achieved a sales revenue of 974 million yuan in the AIDC sector in the first three quarters of 2025, marking a substantial increase of 337.5% year-on-year [7] - Jinpan Technology has developed a digital factory model, with seven digital factories established in China, enhancing production efficiency and product consistency through data-driven operations [9] Group 3: Global Expansion and Competitive Strategy - Jinpan Technology maintains a dual focus on domestic and international markets, emphasizing the importance of product quality and rapid iteration in its global strategy [10] - The company has established a comprehensive R&D structure to support innovation in new energy and digital solutions, ensuring technological leadership [11] - In the first three quarters of 2025, Jinpan Technology's export revenue reached 1.59 billion yuan, accounting for 30.84% of its main business income, reflecting a significant increase [11]