Morimatsu Intl (02155) surged over 6% again. At the time of writing, the stock was up 5.24%, trading at HKD 11.04, with a turnover of HKD 21.6401 million.

A recent research report highlighted that Morimatsu Intl has deep expertise in the pressure vessel sector, having developed comprehensive solutions that include core equipment, process systems, and digital intelligent factories, serving industries such as pharmaceuticals, chemicals, consumer goods, energy, and electronic chemicals.

The report pointed out that the company's downstream industries are experiencing high prosperity, with the pharmaceutical sector entering a recovery cycle and overseas multinational corporations' CAPEX demand rebounding, leading to rapid growth in new order intake.

Coupled with the capacity release from the company's overseas production bases, project cycles are expected to shorten, accelerating the delivery of its over ten-billion-yuan order backlog and driving high-speed earnings growth.

The report also noted that the explosion of AI technology is generating massive computational demand, compelling AI manufacturers to demand higher speeds and delivery capabilities for AI data center (AIDC) construction.

Against this backdrop, the delivery models across the AIDC industry chain are rapidly iterating, with prefabricated modular delivery gradually becoming the standard solution for a new generation of AIDC construction.

Morimatsu's modular data center business holds significant advantages, enabling efficient delivery to meet the rigid demand for computing power.