Shanghai Liangxin Electrical (SZ:002706)2025-04-30 09:20Group 1: Financial Performance - The main reasons for the company's Q1 performance recovery are market demand recovery in the new energy, power, and data center sectors, leading to new orders and opportunities [1] - Q1 gross margin improvement is attributed to product structure optimization, cautious price control, and better cost reduction effects compared to last year [1] Group 2: Data Center Business - The company maintains a competitive position in operator procurement tenders and is closely collaborating with major domestic clients to develop customized products [2] - The gross margin for the data center business remains high, with strong demand from major clients for orders, prompting increased focus and investment in this sector [2] Group 3: Market Share and Growth Potential - The company has a high market share among leading domestic energy storage and wind power clients, but still has growth potential in the automotive sector and overseas markets [2]