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研报掘金丨开源证券:AI有望打开PCB和恒温晶振成长空间,维持普天科技“买入”评级

Research Report Nuggets 丨 Open Source Securities: AI is expected to open up growth space for PCBs and thermostatic crystal vibrators and maintain Putian Technology's “buy” rating

Gelonghui Finance ·  Jun 2, 2023 13:23
Gelonghui, June 2 丨 Putian Technology (002544.SZ) said yesterday that its PCB boards and thermostatic crystal oscillators can be applied in the direction of artificial intelligence. Open Source Securities's research report on the 1st pointed out that under AI catalysis, Thermostatic Jingzhen has great potential, and the company's growth prospects are bright. According to CS&A, the company's subsidiary Far East Communications had the highest market share of thermostatic crystal oscillators in the world in 2020, and AI technology upgrades are expected to further open up the company's future growth space. Furthermore, at present, the company's PCB products are widely used in artificial intelligence, computing service equipment and other industries, and are expected to benefit from growth opportunities spawned by increased demand for AI servers in the future. As a listing platform for China's telecom sector, the company is the country's largest special printed circuit board manufacturer, rail transit private network communication supplier, and an independent third-party communications planning and design agency. It is believed that the company's moat is stable and is expected to benefit from improved industry sentiment. Considering that 2022 results exceeded expectations, the 2023-2024 profit forecast was raised and the 2025 profit forecast was added to maintain the “buy” rating.

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