当下怎么看AIDC电气设备出口链景气持续性？

Summary of Key Points from Conference Call Records Industry or Company Involved - AIDC (Artificial Intelligence Data Center) electrical equipment export chain - PCB (Printed Circuit Board) industry - Gas turbine market - Domestic electrical equipment companies Core Insights and Arguments AIDC Electrical Equipment Export Chain - The demand for computing power in North America is expected to exceed expectations due to the rapid development of AI large models by companies like Google and OpenAI, leading to significant growth in the AIDC electrical equipment market [1][3] - The value of IDC electrical equipment in North America may surpass expectations, with single-machine watt investment demand being approximately twice that of domestic levels, particularly for products like transformers and switches [1][3] - Chinese companies are positioned to capture a larger share of the overseas market due to supply-demand gaps and slower technological upgrades in certain segments [1][3][4] North American Market Demand - There is a significant increase in demand for traditional electrical equipment such as transformers and circuit breakers, driven by urgent industry needs and infrastructure investments [4] - Chinese companies like BRG and Jinpan are actively establishing channels in North America and securing large-scale orders [4] Domestic Electrical Equipment Companies - Domestic companies exhibit advantages in technology research and development, achieving faster product iterations compared to overseas competitors [5][6] - The transition from lead-acid to lithium batteries in backup power systems is expected to increase lithium battery penetration due to its advantages in space savings [5][6] Gas Turbine Market - The overseas gas turbine market is currently experiencing high demand, particularly in the Middle East and Americas, driven by data center expansions and infrastructure investments [7] - Siemens Energy reported a nearly 20% year-on-year increase in new orders, with a significant portion coming from the U.S. [7] Future Outlook for IDC Electrical Equipment Export Chain - The domestic IDC electrical equipment export chain is expected to see significant growth due to rising global demand, potential price increases, and rapid advancements by domestic companies [8][9] Server Power Supply Market - Companies like Maimi are supplying server power indirectly to overseas markets, with increasing demand driven by higher cabinet power density [10] - The PCB sector is also experiencing high demand for complex, high-performance, and multi-layer PCBs, benefiting from new technologies [10] PCB Industry Trends - The PCB industry is thriving, particularly in laser drilling, with domestic machines gradually replacing imports [11] - Leading companies in drilling, exposure, and plating processes are gaining market share, while emerging companies are also showing strengths in laser drilling [11] Domestic H20 Project and Diesel Power Companies - The approval of the H20 project in the U.S. is positively impacting domestic companies, with Yuchai reporting over 50% year-on-year profit growth [12] - The domestic mechanical industry is benefiting from increased overseas demand, enhancing competitiveness and promoting domestic substitution of imports [13] Other Important but Possibly Overlooked Content - The transition to new technologies in the UPS sector is raising the bar for R&D speed and responsiveness, where domestic companies may excel [6] - The overall landscape for equipment and consumables in the PCB sector is improving, with a favorable environment for price and volume increases [10]