Group 1 - The core viewpoint of the report is that Pengding Holdings (002938.SZ) is rated as a "buy" due to its strong position in the FPC industry and growth driven by new product categories such as AI edge devices and foldable screens/AI glasses [2] - The company maintains a leading position in the FPC industry, benefiting from the AI edge wave and new product categories [2] - Pengding Holdings is expanding into high-end HDI markets, specifically in servers and optical modules, achieving a comprehensive layout across the AI cloud-network-end industry chain [2]