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中信建投:云厂商资本开支持续上修,PCB大周期仍在上行

intermediate36氪3 min read
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Grammar Points

受益 + noun + , + clauseBenefit CauseHSK 5

Use “受益” to introduce a cause or source of benefit before stating the result. It is often followed by the reason (e.g., technology, policy) and then the main clause describing the effect.

"受益 AI 推动,全球 PCB 行业迎来新一轮上行周期。"

根据 + source + , + clauseAccording toHSK 5

“根据” introduces a basis, source, or data used to support the following statement. It is a common way to cite reports, statistics, or expert opinion.

"根据中信建投谨慎测算,2025 年 GPU+ASIC 服务器对应 PCB 市场空间超 400 亿。"

仍在 + verbStill in ProgressHSK 5

“仍在” expresses that an action or state is continuing. It is placed before a verb to emphasize that the situation remains the same and is ongoing.

"中信建投认为此轮 PCB 大周期仍在上行。"

X 对应 YCorresponding toHSK 5

“对应” indicates that one item matches or corresponds to another. It is useful to describe relationships such as time periods to markets, products to suppliers, etc.

"2025 年 GPU+ASIC 服务器对应 PCB 市场空间超 400 亿。"

verb + 后 + clauseAfter doing somethingHSK 4

Placing “后” after a verb indicates that the action in the following clause happens after the first action is completed. It is common in instruction and narrative sequences.

"打开网页后点击屏幕右上角分享按钮。"

Key Vocabulary

deHSK1

(bound form) bull's-eye; target

亿元yì yuán
小时xiǎo shíHSK1

hour

qiánHSK1

BC (e.g. 前293年)

增加zēng jiāHSK4

to raise; to increase

融资róng zīHSK7

financing

服务器fú wù qìHSK7

server (computer)

中信zhōng xìn
建投jiàn tóu
yúnHSK4

surname Yun

较前jiào qián
上行shàng xíngHSK7

(of trains) up (i.e. towards the capital)

市场shì chǎngHSK4

(economics) market

欧洲ōu zhōuHSK5

Europe (abbr. for 歐羅巴洲|欧罗巴洲[Ou1 luo2 ba1 Zhou1])

全球quán qiúHSK4

worldwide; global

厂商chǎng shāngHSK6

producer

jīng
亿HSK5

100 million

hàoHSK1

CL:個|个[ge4]

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