【光大研究每日速递】20250228

Group 1 - The price difference between electric carbon and industrial carbon has reached a new low since November last year, while the price of praseodymium and neodymium oxide has hit a nearly five-month high, indicating a need to monitor demand in 2025 [4] - Lithium prices have fallen below 80,000 yuan per ton, with a potential for accelerated capacity clearance in the future; it is recommended to focus on companies with cost advantages and resource expansion in the lithium mining sector [4] Group 2 - The silicon carbide industry is experiencing rapid growth, benefiting from the demand in AI data centers and AR glasses, with silicon carbide materials being key for cost reduction and efficiency across various sectors [5] - Huajin Technology is positioned to benefit from trends in AI cloud and edge computing, being a core supplier for domestic CSP AI servers and ranking among the top four in global laptop ODM, with future growth expected from automotive electronics and robotics [6] - Qichuang Data is experiencing rapid growth, focusing on a comprehensive smart storage and intelligent IoT system, with an expected net profit of 681-833 million yuan in 2024, representing a year-on-year increase of 137.16%-189.86% [7] - Nvidia's FY25 Q4 results exceeded expectations, with strong demand for Blackwell and rapid growth in inference computing; the company's total revenue for FY25 reached 130.5 billion dollars, a 114% year-on-year increase [8]