研报掘金丨东吴证券:维持海光信息“买入”评级,国产AI芯片厂商迎来历史性机遇
Ge Long Hui A P P·2026-02-27 07:33

Core Viewpoint - Dongwu Securities report indicates that Haiguang Information's performance continues to show high growth, with further strengthening of the company's growth momentum [1] Group 1: Company Performance - The company possesses two leading domestic products: CPU and DCU [1] - CPU revenue is expected to grow steadily as the industry progresses with the "Xinchuang" initiative [1] - The demand for AI computing power, combined with the acceleration of domestic production trends, presents a historic opportunity for domestic AI chip manufacturers [1] Group 2: Product Development - The performance of the company's DCU products ranks in the first tier, with continuous iteration of new products [1] Group 3: Financial Projections - Based on the company's 2025 performance forecast and the latest industry dynamics, the adjusted net profit attributable to the parent company for 2025-2027 is projected to be 2.542 billion, 4.122 billion, and 6.506 billion yuan respectively (previous values: 3.116 billion, 4.617 billion, and 6.529 billion yuan) [1] - The company maintains a "Buy" rating [1]