研报掘金丨华鑫证券：首予宇顺电子“买入”评级，业绩拐点确立，算力新核启航

格隆汇07-21

华鑫证券研报指出，宇顺电子业绩拐点确立，算力新核启航。2026年Q1，公司实现营业收入2.65亿元，同比增长480.44%；实现归属于上市公司股东的净利润4,925.58万元，同比增长4202.23%。跨界并购中恩云确立算力核心，孚邦实业协同构建数能一体化平台。此外，公司正努力实现内部资源共享与产业链纵向整合，依托控股子公司孚邦实业，加速向数据中心的配电设备供应链转型延伸。认为中恩云的确定性资产...

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