Core Viewpoint - The company, Senyuan Electric (002358.SZ), has indicated that its subsidiary, Zhengzhou New Energy, primarily focuses on smart street lights, wind-solar complementary street lights, LED lighting systems, charging stations, and power quality management devices. Currently, the smart pole business contributes a small proportion to the overall revenue of the company [1]. Group 1 - The main products of Zhengzhou New Energy include smart street lights, wind-solar complementary street lights, and LED lighting systems [1] - The company also offers charging stations (both AC and DC) and power quality management devices [1] - The revenue contribution from the smart pole business is currently low relative to the company's total revenue [1]

Core Viewpoint - The development of AI technology is driving upgrades in power systems, and the construction of AI data centers requires reliable AC and DC lightning protection devices to ensure equipment safety and system stability [1] Group 1: Company Positioning - The company is recognized as an advanced enterprise in the field of AC and DC lightning protection devices in China, with products covering all voltage levels to meet the needs of data center scenarios [1] - The company's lightning protection products have been widely applied in various sectors, including power, railways, and mining, for overvoltage protection [1] Group 2: Market Opportunities - The company aims to leverage its core competitiveness in lightning protection devices to actively participate in the construction opportunities presented by AI data centers [1] - The company has established a diverse customer base, including major enterprises such as State Grid, Southern Power Grid, China Railway Group, CRRC, State Power Investment, and National Energy [1] Group 3: Product Development - The company has completed the research and development of small sample products for its semiconductor ceramic substrates, with some products already having qualified laboratory samples [1] - Ongoing efforts are being made to verify the stability of the manufacturing process for these products [1]