Yuan Da Xin Xi·2026-03-13 11:32Group 1: Industry Research Highlights - The most focused industries for institutional research from March 9 to March 13, 2026, are machinery, electronics, and power equipment, with electronics and computers gaining significant attention recently [10][12] - Over the past 30 days, the top industries by institutional research frequency are machinery, electronics, pharmaceuticals, and basic chemicals, with electronics and power equipment also seeing high interest [13][14] Group 2: Popular Companies in Institutional Research - The companies with the highest number of institutional research visits in the past 5 days, with more than 10 ratings, include Desay SV Automotive and Huadian Technology [19][20] - In the last 30 days, the companies with the most institutional research visits and more than 10 ratings include Sunlord Electronics, Wens Foodstuffs, and Huadian Technology [22][24] Group 3: Key Company Research Insights 1. Desay SV Automotive - The company expects steady growth in 2025, driven by its intelligent driving business, with projected revenue of 32.557 billion yuan, a 17.88% increase year-on-year, and a net profit of 2.454 billion yuan, up 22.38% [26][27] - The overseas business gross margin is significantly higher than domestic by approximately 9 percentage points, with annualized sales orders exceeding 35 billion yuan [26][27] - The company has made breakthroughs in embodied intelligence, with related products planned for mass production in 2026 [27] 2. Tianqi Materials - The core business of electrolyte materials is expected to see significant growth, with projected revenue of 16.650 billion yuan in 2025, a 33% year-on-year increase, and a net profit of 1.362 billion yuan, a dramatic rise of 181.43% [30][31] - The company sold over 720,000 tons of electrolytes, a 44% increase year-on-year, indicating strong demand in the new energy sector [30][31] - The company is actively pursuing diversified lithium resource layouts and has plans for new production capacity in the second half of 2026 [31] 3. Shennan Circuit - The company anticipates a revenue of 23.647 billion yuan in 2025, a 32.05% increase, with a net profit of 3.276 billion yuan, up 74.47% [33] - The PCB business gross margin has improved to 35.53%, benefiting from increased demand in AI servers and automotive electronics [33] - The company is expanding its production capacity, with new projects in Thailand and Nantong expected to come online in the second half of 2025 [33]