研报掘金丨国盛证券：维持威胜信息“买入”评级，成长边界有望持续打开

Core Viewpoint - The strong stock performance of Weisheng Holdings is attributed to optimistic investment expectations from the State Grid during the 14th Five-Year Plan, with total investments expected to reach 4 trillion yuan, and the global AIDC wave leading to a revaluation of Weisheng as a scarce asset in energy management [1] Group 1: Company Performance - Weisheng Information, as the core smart energy company under Weisheng Holdings, is expected to undergo a reassessment of its mid-term value [1] - The company possesses a natural advantage in the intelligentization process of AIDC energy systems, leveraging its power IoT digital foundation [1] Group 2: Financial Projections - Projected net profits attributable to the parent company for the years 2025, 2026, and 2027 are expected to be 720 million yuan, 870 million yuan, and 1.05 billion yuan respectively [1] - The current stock price corresponds to price-to-earnings ratios of 28, 24, and 20 times for the years 2025, 2026, and 2027 [1] Group 3: Investment Rating - The investment rating for Weisheng Holdings is maintained at "Buy" [1]