Gelonghui, December 18 | China Post Securities Research Report indicates that Lingyi Intelligent Manufacturing (002600.SZ) is an intelligent manufacturing platform for AI terminal equipment and communications. As the world's leading core supplier in the field of AI terminal hardware, the company provides one-stop intelligent manufacturing services and solutions for the industrial chain of precision functional parts, structural parts, modules, etc. required for AI terminal equipment on a global scale. The company has technology for processes such as die-cutting, stamping, CNC and injection molding. Downstream applications of electronics-related products cover the fields of AI terminal devices such as smartphones, laptops, wearables, and XR. Smartphones, humanoid robots are fully covered. The company's net profit from 2024-2026 is estimated to be 2.24/3.01/4.01 billion yuan, covering the first time to give it a “buy” rating.