Core Insights - Jerry Holdings has officially entered the U.S. data center gas turbine business by signing a sales contract worth over $100 million with a global AI industry giant [1] - The company has established strategic partnerships with Baker Hughes and Siemens in the gas turbine sector, positioning itself to benefit from the increasing demand for gas turbines [1] - The global gas turbine orders are projected to rise from 58 GW in 2024 to 71 GW in 2025, indicating a growing market opportunity for the company [1] Group 1: Business Developments - Jerry Holdings has capabilities to service critical aspects of data center power systems, including small modular reactor (SMR) power supply, rapid gas turbine power supply, and comprehensive lifecycle services for data centers [2] - The company has developed a highly integrated, modular, and intelligent gas power generation product system based on proprietary technology, which offers extensive application prospects [2] - The customized power support solutions can cater to both distributed edge computing nodes and large supercomputing centers for AI training and real-time data processing [2] Group 2: Financial Performance - In the first half of 2025, the high-end equipment manufacturing segment generated revenue of 4.224 billion yuan, reflecting a year-on-year growth of 22.42% [2] - The oil service business reported revenue of 2.069 billion yuan in the same period, with an impressive year-on-year growth of 88.14% and a gross margin increase of 6.62 percentage points [2] - The company has made significant inroads into the North African oil service market, with a project bid in Algeria amounting to 6.126 billion yuan [2] Group 3: Investment Outlook - The projected net profits attributable to the parent company for 2025-2027 are estimated at 3.027 billion yuan, 3.659 billion yuan, and 4.247 billion yuan respectively, leading to a "recommended" rating for the stock [3]