Investment Highlights - Aiwai Electronics (688798) has received a "Buy" rating from Zhongyou Securities, highlighting its diverse product offerings that cater to various AI device needs [1] - The company provides high-performance audio solutions, mature Aiwai lighting products, comprehensive haptic feedback solutions, high-performance mixed chips, power management, and signal chain IC products [1] - The latest AI smart glasses from Xiaomi utilize Aiwai's high-performance DSP digital SmartK audio amplifier, which enhances speaker amplitude by 20% and low-frequency response by 3dB, significantly improving loudness and immersion [1] New Product Launch - Aiwai Electronics has launched a new low-power high-voltage 180Vpp piezoelectric micro-pump liquid cooling driver, which is expected to address performance bottlenecks in computing chips and ultra-thin terminals [2] - This product features active temperature control and is capable of achieving over three times the cooling efficiency compared to passive solutions [2] - The micro-pump has already undergone validation testing with multiple clients and is anticipated to enter mass production in Q4 of this year [2] Financial Projections - The company forecasts revenues of 3.54 billion, 4.27 billion, and 5.12 billion yuan for the years 2025, 2026, and 2027, respectively, with net profits of 410 million, 580 million, and 750 million yuan for the same years [3] - The "Buy" rating is maintained based on these projections [3] Analyst Coverage - Recent reports indicate that 10 institutions have rated Aiwai Electronics as a "Buy" in the last 90 days, with an average target price of 82.83 yuan [6]

Investment Rating - The investment rating for the company is "Buy" and is maintained [1] Core Views - The company offers a range of products that support various forms of AI devices, addressing customer demands in the AI product market. Key products include high-performance audio solutions, mature AI lighting products, comprehensive haptic feedback solutions, high-performance mixed-signal chips, power management, and signal chain IC products. Notably, the audio component of Xiaomi's latest AI smart glasses utilizes the company's high-performance DSP digital SmartK audio amplifier, which enhances sound quality significantly [4] - The company has launched a new piezoelectric micro-pump liquid cooling driver, which is expected to open new growth opportunities in industrial interconnection and consumer electronics. This product boasts a cooling efficiency that is over three times better than passive solutions and is anticipated to enter mass production in the fourth quarter of this year [5] Financial Projections - The projected revenues for the company are as follows: 3.54 billion yuan in 2025, 4.27 billion yuan in 2026, and 5.12 billion yuan in 2027. The net profit attributable to the parent company is expected to be 410 million yuan in 2025, 579 million yuan in 2026, and 748 million yuan in 2027, maintaining a "Buy" rating [6] - The company's revenue growth rates are projected at 15.88% for 2024, 20.77% for 2025, 20.53% for 2026, and 20.02% for 2027. The net profit growth rates are forecasted at 399.68% for 2024, 60.93% for 2025, 41.04% for 2026, and 29.34% for 2027 [8][10]

东方盛虹：控股股东一致行动人拟5亿–10亿元增持公司股份 6月17日，东方盛虹（000301）发布公告称，公司控股股东盛虹科技的一致行动人、持股5%以上的公司 股东盛虹（苏州）集团有限公司（简称"盛虹苏州"）计划自本公告披露日起6个月内，通过深圳证券交 易所以集中竞价交易方式增持公司A股股份，本次增持金额不低于5亿元，不超过10亿元。 资料显示，东方盛虹成立于1998年7月，主营业务是石化及化工新材料、涤纶长丝的研发、生产和销售 等。 所属行业：石油石化–炼化及贸易–炼油化工 艾为电子：超低功耗高压180Vpp压电微泵液冷驱动产品即将量产 6月17日，艾为电子（688798）发布公告称，公司自主研发的超低功耗高压180Vpp压电微泵液冷驱动产 品将液体冷却方案带入移动设备中，该创新技术解决方案正在彻底改变移动设备的热管理系统，是国产 芯片在该领域的首个自主突破，填补了国内空白。目前该产品已在多家客户完成验证测试即将量产。 资料显示，艾为电子成立于2008年6月，主营业务是集成电路芯片研发和销售。 所属行业：电子–半导体–模拟芯片设计 *ST九有：收到股票终止上市决定 6月17日，*ST九有（600462）发布 ...