禾迈股份(688032.SH)：2025年度微逆的毛利率维持在40%以上

Group 1 - The core viewpoint of the article highlights that HeMai Co., Ltd. (688032.SH) remains a leader in the micro-inverter market despite a slowdown in pure photovoltaic demand and an increase in energy storage market demand [1] - The company maintains the highest shipment volume in the micro-inverter market outside of North America [1] - HeMai Co., Ltd. aims to stabilize its gross profit margin by continuously iterating new products, with a projected gross profit margin of over 40% for micro-inverters in 2025 [1]