未知机构：捷邦科技正从消费电子精密结构件龙头向多元高增长赛道强势进军业绩弹性巨大-20260211

Company and Industry Summary Company: JieBang Technology Key Points - Transition to Diverse Growth Sectors JieBang Technology is transitioning from being a leader in precision structural components for consumer electronics to aggressively entering multiple high-growth sectors, indicating significant earnings elasticity [1] - Cold Plate Strategy The company has adopted a dual-track strategy by acquiring Taiwanese targets to bind with AVC and directly supplying samples to NVIDIA, quickly obtaining factory certification and gradually expanding into other major North American manufacturers [2][3] - High Technical Barriers in Liquid Cooling Plates The technology barriers for liquid cooling plates are extremely high, with core challenges in micro-channel teeth and precision welding. The production capacity is secure in both domestic and Vietnamese factories [2][3] - VC Thermal Plates and Consumer Electronics VC thermal plates are essential components for managing heat in devices like smartphones. JieBang is a core supplier for Apple, covering multiple models including the iPhone and iPad. The iPhone 17 series is expected to significantly boost revenue, especially in high-end models like Pro and Pro Max [3] - Conductive Carbon Black and Domestic Substitution The high-performance conductive agent market is currently dominated by foreign companies like Cabot. JieBang has achieved a technological breakthrough with a gross margin of 30% and has successfully entered the supply chain of leading battery manufacturers like CATL, indicating a clear domestic substitution logic [4] - Benefiting from Demand for Low-Cost, High-Performance Materials The company is poised to benefit from the demand for low-cost, high-performance domestic materials driven by the new energy battery sector [5] - Entry into Global Satellite Internet Market JieBang has successfully entered the SpaceX supply chain, providing a complete set of high-precision structural components for Starlink user terminals, which positions the company to share in the growth of the satellite internet market [5] - Upcoming Mass Production The company is nearing the end of the sample validation phase, with mass production imminent [6] - Commercial Aerospace as a New Growth Driver The commercial aerospace sector is expected to become a new significant growth driver for the company [7]