Changjiang Securities·2026-03-01 07:38Investment Rating - The report recommends a "Buy" rating for several companies within the technology sector, indicating a positive outlook for their stock performance over the next 12 months [31]. Core Insights - The report highlights key companies in the technology sector, including Jiangsu Technology (Electronics, Communication, Computer, Media) as top picks for March 2026 [5][9]. - The report emphasizes the growth potential in various sub-sectors, particularly in 3D printing, liquid cooling solutions, AI chips, and gaming [15][16][18][19][21]. Summary by Category Electronics - Precision Electronics: Expected to achieve a net profit of 0.8e-0.9e in 2025, a significant increase of 181.97%-192.21% year-on-year, driven by semiconductor orders and improved operational efficiency [15]. - Han's Laser: Anticipated explosive growth in 3D printing, with a potential market share increase due to demand from North American clients [15]. Communication - Invech: Projected net profits of 5.87 million, 10.47 million, and 15.35 million from 2025 to 2027, with a strong focus on liquid cooling solutions and overseas market expansion [16]. - Rui Ming Technology: Expected to recover from previous losses, with projected net profits of 3.81 million, 4.95 million, and 6.67 million from 2025 to 2027, driven by increased demand in commercial vehicle information systems [17]. Computer - Haiguang Information: Positioned as a leader in high-end CPUs and DCUs, benefiting from the growth of domestic AI computing power and collaboration with major tech firms [18]. - Cambricon: Anticipated to maintain strong growth in AI chip demand, supported by ongoing R&D and market trends [18]. Media - Kaiying Network: Expected to launch several new games in 2026, which are projected to drive revenue growth [19]. - Perfect World: Anticipated to release a new RPG game, "Yihuan," with high market expectations, contributing to future revenue growth [21].