证券日报网讯阳光电源（300274）10月30日在互动平台回答投资者提问时表示，公司AIDC业务预计明 年有产品。 ...

Core Business Overview - The company's core business includes cold chain equipment, energy and chemical equipment, central air conditioning, and energy-saving heating, while leveraging its compressor technology to expand into hydrogen energy, CCUS, and natural gas compression equipment [1] - Products are widely used in various sectors such as food and agricultural product freezing and processing, cold chain logistics, industrial refrigeration systems, commercial air conditioning, and special industrial air conditioning [1] Market Outlook - The main business is expected to reach an inflection point, with a mild recovery in domestic commercial refrigeration and potential for overseas expansion [1] - Recent signals from the national nuclear power construction indicate a speeding up, with the company focusing on core scenarios like nuclear island cooling and heat recovery technologies [1] - Strong refrigeration demand is noted in Southeast Asia and the Middle East [1] AIDC Business Growth - The AIDC business is experiencing rapid growth, contributing to a new growth curve for the company [2] - The company’s subsidiaries provide cooling equipment for data centers and liquid cooling systems, successfully serving multiple high-profile projects in China and collaborating with local integrators in North America, Australia, Southeast Asia, and the Middle East [2] Financial Projections - The company is projected to achieve net profits of 720 million, 850 million, and 1 billion yuan from 2025 to 2027, with relative valuations of 19.7x, 16.7x, and 14.2x PE respectively [2] - Compared to similar companies in the data center cooling equipment sector, the average valuation is significantly higher, indicating a favorable investment outlook [2]

Core Viewpoint - The company is experiencing a significant increase in overseas energy storage orders, with its AIDC business expected to become a second growth curve [1] Group 1: Overseas Orders - In early August, the company signed a cooperation agreement with Bulgarian solar company SunterraRE to deploy a 1GWh battery storage system at three of its largest photovoltaic parks [1] - This follows a 2.4GWh storage order signed with European solar power station developer SUNOTEC in late July, indicating a clear acceleration in storage orders in the European market [1] - The company has consistently secured overseas storage orders since 2025, including a 500MWh order in Japan in February and a partnership with Renewable Power Capital (RPC) for a 50MW/100MWh storage project in Finland in March [1] Group 2: Competitive Position - The company is recognized as a leader in global photovoltaic inverters and large storage system integration, showcasing strong competitiveness in the global energy storage market [1] - The active expansion into the AIDC business further highlights the company's potential for growth and competitive advantage in the industry [1]