储能方面，公司生产的银氧化锡、银氧化铜等类型的电接触材料通过下游多家客户配套至阳光电源、华 为的储能用逆变器。产品具备高分断性能、电阻小且稳定性能等优势，为储能方面的应用升级开发助 力，已实现批量化供货。目前公司正在开展针对这方面业务相关的浙江省"尖兵领雁+X"研发攻关计划 项目"电化学新型储能电网用抗熔焊触点材料制备及性能调控"。 数据中心、储能等高端应用场景对电接触材料的可靠性、稳定性要求极高，是典型的高附加值市场，福 达合金在这一领域的突破，不仅带来了营收的增量，更重要的是提升了产品的溢价能力和客户结构的含 金量，有助于公司整体盈利水平的增厚和提升。 二、实控人资产注入预期：光达电子的"未完待续" 2026年1月23日，福达合金材料股份有限公司（以下简称"福达合金"）交出了一份令市场振奋的"预 演"答卷。根据公司发布的《2025年年度业绩预增公告》，这家深耕电接触材料三十余载的行业龙头， 正借助AI数据中心、储能等新兴行业的东风，实现从传统制造向高端新材料的华丽转身。 在宏观经济波动与银价持续上涨的背景下，福达合金的这份业绩预告显得尤为亮眼。根据公告数据，公 司预计2025年度实现归属于上市公司股东的净 ...

Core Insights - The data center industry is experiencing rapid growth driven by the global AI wave and China's "East Data West Computing" initiative [2][3] - Fuda Alloy Materials Co., Ltd. is strategically positioning itself in AI computing infrastructure through innovative products and market breakthroughs [2][5] Industry Overview - The Chinese data center industry has evolved from network and IT centers to computing power centers, with a projected market size of 304.8 billion yuan by 2024, growing over 20% [3] - The national integrated computing network is forming, with eight major hubs and ten clusters facilitating cross-regional resource allocation and green development [3] - The rapid development of AI models, particularly since the launch of ChatGPT in 2022, has significantly increased global computing power demand [3] Company Performance - Fuda Alloy achieved remarkable sales growth in the data center sector, with revenue reaching 68.7031 million yuan in the first half of 2025, marking over 500% year-on-year growth [5][6] - The company has successfully supplied integrated welding contact head components to major international tech giants like Microsoft and Meta, showcasing its strategic capabilities [2][6] - Fuda Alloy's overseas business saw a revenue increase of 51.49% year-on-year, reaching 214 million yuan in the first half of 2025, indicating strong global expansion [6][7] Product Innovation - The company has developed high-performance products, including high-breaking capacity integrated welding contact head components, which have disrupted the market previously dominated by foreign manufacturers [6][7] - Fuda Alloy's focus on core technologies such as arc control and material composites has enabled it to build a differentiated competitive advantage [5][7] Market Dynamics - The demand for data center services is rebounding, with the average listing rate for third-party computing centers expected to reach 69% by the end of 2024 [4] - Major North American tech companies are significantly increasing their investments in AI data centers, with a combined expenditure exceeding 125 billion dollars from January to August 2024 [6]