Company Overview - Celestica is one of the largest electronics manufacturing services companies globally, headquartered in Ontario, Canada, serving original equipment manufacturers and various service providers across multiple industries [12] - The company offers a wide range of manufacturing and supply-chain solutions, including design and development, engineering services, electronics manufacturing and assembly, and IT asset management [12] Investment Ratings - Celestica holds a Zacks Rank of 3 (Hold) with a VGM Score of A, indicating a solid position in the market [13] - The company is considered a potential top pick for growth investors due to its strong Growth Style Score of A, forecasting a year-over-year earnings growth of 30.2% for the current fiscal year [13] Earnings Estimates - In the last 60 days, three analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.27 to $5.05 per share [13] - Celestica has an average earnings surprise of 7.4%, suggesting a positive trend in earnings performance [13] Conclusion - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Celestica is recommended for investors' consideration [14]

Core Insights - Plexus Corp. released its fiscal 2024 Sustainability Report, emphasizing its commitment to sustainability and responsible innovation as integral to its values [1][2] - The report highlights significant achievements in enhancing employee growth, strengthening partnerships, and reducing environmental impact [2][6] Sustainability Achievements - Achieved a 6.4% absolute reduction in Scope 1 & 2 combined emissions compared to the fiscal 2023 baseline [6] - Delivered a 13.7% global reduction in waste to landfill intensity year-over-year [6] - Contributed over $1 million globally through the Plexus Community Foundation [6] - Recorded over 20,000 paid volunteer hours in local communities, marking a 10.7% increase year-over-year [6] - Assessed over 50% of its global supply chain spend based on sustainability criteria [6] Company Overview - Plexus has been partnering with companies since 1979 to create products that contribute to a better world, employing over 20,000 individuals [4] - The company specializes in providing Design and Development, Supply Chain Solutions, New Product Introduction, Manufacturing, and Sustaining Services [4]

Core Viewpoint - TTM Technologies (TTMI) is identified as a strong value stock, currently undervalued compared to its industry peers, with favorable financial metrics indicating potential for growth [4][8]. Financial Metrics - TTMI holds a Zacks Rank of 1 (Strong Buy) and a Value grade of A, with a current P/E ratio of 13.38, significantly lower than the industry average of 18.15 [4]. - The company's P/B ratio is 1.92, which is attractive compared to the industry's average P/B of 2.53 [5]. - TTMI's P/S ratio stands at 1.2, while the industry average is 1.51, indicating a favorable valuation based on sales [6]. - The P/CF ratio for TTMI is 13.75, compared to the industry's average of 14.67, suggesting a solid cash flow outlook [7]. Investment Outlook - The combination of TTMI's strong earnings outlook and its undervalued status based on various financial metrics makes it an appealing investment opportunity for value investors [8].

而对于 Sanmina 新美亚来说，这笔交易无疑是一个巨大的机遇。通过接手 ZT Systems 的制造业务，Sanmina 成为了 AMD 云机架和集群级 AI 解决方案的首 选 NPI（新产品导入）制造合作伙伴。这不仅为 Sanmina 带来了更多的业务机会，也进一步巩固了其在电子制造服务领域的领先地位。 总的来看，这次交易对于 AMD 和 Sanmina 双方都具有重要意义。AMD 通过出售制造业务，能够更加专注于自身的核心技术和产品研发；而 Sanmina 则借 此机会扩大了业务范围，提升了自身的竞争力和市场份额。 来源：http://www.cnu.com.cn/industry/202505/94540.html 近日，AMD 宣布了一项重大交易，将其旗下 ZT Systems 的数据中心基础设施制造业务出售给了电子制造服务大厂 Sanmina 新美亚。这项交易于美国东部时 间 5 月 19 日正式公布，交易金额最高可达 30 亿美元，其中包括了总计 4.5 亿美元的或有付款。 回顾过去，AMD 对 ZT Systems 的收购曾引起了广泛关注，当时的交易总价值高达 49 亿美元。AMD 在宣布收 ...

Company Forecasts and Guidance - Home Depot maintained its sales forecast for 2025, with an executive stating that the retailer will not raise prices due to tariffs, contrasting with other companies that are cutting projections due to tariff uncertainties [1] - Diageo anticipates a $150 million hit to annual profits in 2025 but plans to offset about half of this impact through existing actions before considering price increases [2] - Walmart's CEO indicated the company would strive to keep prices low but acknowledged that higher tariffs would lead to increased prices due to narrow retail margins [3] - Ford expects tariffs to reduce its earnings before interest and taxes by approximately $1.5 billion in 2025 and has suspended its full-year guidance due to potential supply chain disruptions [6] - General Motors lowered its earnings forecast for 2025 to between $10 billion and $12.5 billion, down from a previous range of $13.7 billion to $15.7 billion, citing adjustments to the new trade policy environment [9] Economic and Market Conditions - Companies like Rivian and Steve Madden have withdrawn their financial guidance for 2025, citing heightened uncertainty due to new tariffs and evolving trade regulations [4][5] - Apple expects a $900 million impact on its bottom line due to tariffs, with CEO Tim Cook expressing difficulty in predicting future outcomes [7] - Amazon described its future results as "inherently unpredictable" due to changes in global economic conditions and tariff policies [8] - Kraft Heinz and JetBlue have lowered their outlooks due to ongoing macroeconomic volatility and uncertainty [11] - PepsiCo has reduced its earnings forecast for 2025, anticipating more volatility and higher supply chain costs due to tariffs [13] Industry-Wide Impacts - Companies across various sectors, including automotive, retail, and consumer goods, are experiencing significant impacts from tariff-related uncertainties, leading to withdrawn guidance and lowered forecasts [10][12][14] - The airline industry, represented by companies like Delta and United Airlines, is also facing challenges, with many airlines pulling their full-year guidance due to broad macroeconomic uncertainty [17][16] - The overall sentiment across industries reflects a cautious approach to growth and financial forecasting, with many companies likening the current economic environment to the volatility experienced during the pandemic [13][15]

本报记者 张文湘 冯超表示，上市公司要想提高资者关系管理水平，首先要做到优质的信息披露，并搭建公司内部业务、 财务沟通体系；同时结合投关活动、股东数据等，建立数据资料库，对股东与投资者行为进行分析，再 利用分析结果，改进投关工作或达成投关目标。 冯超还提到，投关工作需要将IR（投资者关系）和PR（公共关系）结合起来。他认为，媒体渠道是投 资者全方位了解公司的重要途径，公司一方面要通过微信公众号等自媒体定期发布公司业务/大事件及 员工风貌等新闻，传播公司企业文化及价值观；另一方面，公司也应积极与财经媒体等大众媒体保持良 好的沟通，解读公司发展规划及行业发展前景等，通过媒体视角展现公司风貌，帮助投资者全面了解公 司，认识公司长期投资价值。 资料显示，环旭电子是一家全球电子设计制造服务厂商，产品主要服务于消费电子、云端存储、工业、 汽车电子和医疗等行业领域。自2012年上市以来，公司一直高度重视投资者关系管理团队建设，形成了 冯 由《证券日报》社有限责任公司主办，中证中小投资者服务中心有限责任公司、中国上市公司协会为支 持单位，北京基金小镇投资者教育基地、东方财富、第一创业证券联合举办的第七届"5·15-5·19中 ...

Core Viewpoint - Sanmina Corporation has announced a definitive agreement to acquire the data center infrastructure manufacturing business of ZT Systems from AMD for a total consideration of up to $3 billion, which includes $2.55 billion in cash and equity plus $450 million in contingent consideration, enhancing its position in the Cloud and AI infrastructure market [1][7]. Transaction Details - The acquisition price consists of $2.25 billion in cash for assets, a $300 million premium split between cash and equity, and a $450 million contingent consideration based on future financial performance [7][8]. - Sanmina has secured committed financing of $2.5 billion from Bank of America to facilitate the transaction [9]. Strategic Rationale - The acquisition is expected to double Sanmina's revenue scale within three years, significantly enhancing its position in the fast-growing Cloud and AI end-market [11]. - Sanmina aims to deepen relationships with existing customers and attract new ones through ZT Systems' established connections with hyperscalers [11]. - The integration of ZT Systems' advanced manufacturing capabilities, including liquid cooling technologies, will complement Sanmina's existing operations and expand its footprint in Europe [11]. Expected Benefits - The transaction is anticipated to be accretive to Sanmina's non-GAAP EPS in the first year post-close, with further accretion expected as synergies are realized [11]. - The combination is projected to generate operational efficiencies and enhance Sanmina's capabilities as a leading end-to-end manufacturing partner for mission-critical technologies [11]. Partnership with AMD - AMD will retain ZT Systems' AI systems design businesses and collaborate with Sanmina as its preferred new product introduction (NPI) manufacturing partner, focusing on accelerating the deployment of AMD AI solutions [4][5].

Core Insights - Company achieved significant growth in Q1 2025 with revenue of 549 million yuan, a year-on-year increase of 21.68%, and net profit of 41.77 million yuan, up 34.19% [1] - In 2024, the company reported total revenue of 2.16 billion yuan, a 12.74% increase year-on-year, and net profit of 184 million yuan, growing by 38.16% [1] - The industrial control sector remains the largest contributor, generating 1.03 billion yuan in revenue, accounting for over 47% of total business, with a growth of 32.07% [1] Revenue Breakdown - Domestic sales accounted for 56.57% of total revenue at 1.22 billion yuan, while international sales contributed 43.43% at 938 million yuan, with a 10.33% increase in foreign sales year-on-year [2] - The company focuses on various sectors including communications, industrial control, automotive electronics, medical electronics, and consumer electronics [2] R&D Investment - The company has consistently increased its R&D expenditure from 54 million yuan in 2020 to 117 million yuan in 2024, with a total of 471 million yuan spent over five years [2] Global Expansion - Since 2019, the company has expanded its production bases globally, with significant capacity increases in factories located in Mexico, Romania, and Vietnam, particularly noting the successful ramp-up of the Romanian facility [3] - As of Q1 2025, total assets reached 2.34 billion yuan, reflecting a 148% increase from 941 million yuan at the end of 2017 [3]

▶ 关于集邦 【钜亨网】 鸿海今（14）日召开法说并公告第一季财报，在本业持稳以及业外助力下，税后纯益 421.08亿新台币（约人民币100.43亿元），季减9%，但年增91%，创历史新高。 图片来源：鸿海精密 鸿海第一季营收1.64万亿新台币（约人民币3,911.40亿元），季减23%、年增24%，毛利率6.11%， 季减0.04个百分点、年减0.2个百分点、营业利益465亿元，季减28%、年增27%，营益率2.83%， 季减0.2个百分点、年增0.05个百分点，净利率2.56%，季增0.39个百分点、年增0.9个百分点。 值得注意的是，鸿海在去年第一季及第四季受到转投资的夏普资产减损等干扰因素，业外均出现 亏损，但今年第一季业外收入126.2亿新台币，也大举助力鸿海整体获利表现。 鸿海第一季营收季减、年增幅度均符合预期，四大产品类别来看，电脑终端季增、年增均优于预 期，但云端网络产品季增不如预期、呈现持平，消费智能年增同样不如预期、也是持平，组件及 其他产品整体符合预期。营收比重来看，消费智能40%、云端网络34%、电脑终端19%、元件及其 他7%。 #鸿海精密 #富士康 上下滑动查看 ...

Flex is expanding in Poland as part of its global growth strategy to invest in essential power and data center technologies and sites to meet the growing customer demand. The new Polish site comes after opening a second facility in Dundalk, adding 120,000 square feet3, doubling Anord Mardix's capacity in Ireland. The Dundalk facility, named D2, assembles switchgear products to efficiently meet the rising global demand for reliable data center power, fueled by AI growth. Additionally, the company recently op ...