胜宏科技_买入_2025 年全球图形技术大会（GTC）的良好代表标的

13 March 2025 Equity Research Report Shengyi Technology (600183 CH) Buy: A good proxy for GTC 2025 Further upside ahead: Shengyi's share price has risen c18% since 16 January 2025 (vs +4% CSI300), mainly as the market has priced in a higher demand for high-speed, ultra-low loss copper clad laminates (CCLs) and printed circuit boards (PCBs). This is driven by strong demand from data center customers — a key growth driver that we highlighted in our previous analysis. In this report, we maintain our optimistic ...