Huajin Securities: Maintains "Buy" rating on Yangjie Technology, strong growth in automotive electronics/AI/consumer electronics

Huajin Securities recently pointed out in a research report that the strong growth in automotive electronics/AI/consumer electronics has driven rapid growth in Yangjie Technology's performance. From Q1 to Q3 of 2025, the company is expected to achieve a cumulative net profit attributable to the parent company of approximately 937 million to 1.004 billion yuan, a year-on-year increase of 40% to 50%. Among them, in Q3 of 2025, the company is expected to achieve a net profit attributable to the parent company of about 335 million to 402 million yuan, a year-on-year growth of 37.31% to 64.71%. Considering the coordinated development of the company's three major sectors: semiconductor silicon materials, wafers, and power devices, the continuous deepening of dual-brand operations and overseas strategic layout, the sustained increase in high-margin products, and the future acquisition and integration of Better Electronics, further growth potential is opened up, maintaining a "buy" rating