Key Insights on Infrastructure Investment Opportunities - A seasonal infrastructure construction boom occurs from the end of the Spring Festival to the conclusion of the National People's Congress, lasting approximately 1-1.5 months, presenting significant investment opportunities[2] - The report identifies 10 strong sub-sectors with high odds and win rates, including engineering consulting services, environmental equipment, environmental governance, general equipment, specialized engineering, non-metallic materials, new metallic materials, specialized equipment, decoration, and plastics, with average returns of 12-15% and excess returns of 4-8% over the past decade[2][10] Selected Stocks from Strong Sub-sectors - The report highlights a portfolio of 18 stocks selected from the 10 strong sub-sectors based on a scoring model, which includes: - Engineering consulting: Qidi Design (average excess return 22.7%, win rate 100%) and Jian Ke Yuan (average excess return 16.4%, win rate 100%)[3][19] - Environmental equipment: Xianhe Environmental (average excess return 11.7%, win rate 90%) and Senyuan Co. (average excess return 12.2%, win rate 80%)[3][20] - Environmental governance: Shanghai Washba (average excess return 36.0%, win rate 100%) and Dechuang Environmental (average excess return 19.1%, win rate 89%)[3][23] - General equipment: Jialitu (average excess return 35.3%, win rate 100%) and Jinyang Sun (average excess return 28.8%, win rate 100%)[3][26] Performance and Risk Considerations - The selected 10 strong sub-sectors have consistently shown high absolute and excess return probabilities, with a stable performance track record over the past decade[10][13] - Risks include limitations of comparative studies, market learning effects leading to volatility, unexpected market downturns, and individual stock risks impacting the overall portfolio[4]

证券日报网讯 1月27日，佳力图（603912）在互动平台回答投资者提问时表示，公司经营业绩情况请详 见公司将于2026年3月24日披露的《2025年年度报告》。 ...

Core Viewpoint - Efficient cooling is an effective approach to reduce the Power Usage Effectiveness (PUE) of data centers [2] Group 1: Energy Consumption and Cooling - The energy consumption of data centers is closely related to cooling, as stable electricity is required to maintain efficient chip operations, and heat generation must be effectively dissipated to prevent performance degradation [3] - PUE is a key indicator of data center operational efficiency, calculated as total energy consumption divided by IT equipment energy consumption, with a target of PUE < 1.3, ideally approaching 1.2 [3] - Cooling is often a major energy consumer in data centers, with early developments seeing PUE values exceeding 2, primarily due to cooling processes [4] Group 2: Paths to Reduce PUE - There are two main paths to reduce PUE: utilizing external cooling resources and implementing efficient internal cooling systems [5] - External cooling can be achieved through natural cooling from outdoor air in cold climates, as demonstrated by Kolos's data center in Norway, which aims to reduce energy costs by 60% due to its cold climate and hydropower resources [6] - China's Tibet Ningxuan data center is noted as the highest elevation data center globally, and there are proposals to build data centers in space to enhance cooling efficiency [7] Group 3: Internal Cooling Solutions - The current mainstream internal cooling solutions are air cooling and liquid cooling [8] - Liquid cooling is gaining traction as the next-generation mainstream solution, with its penetration rate increasing from 10% to 30% due to its superior heat dissipation capabilities [9] - The main types of liquid cooling technologies include cold plate liquid cooling, immersion cooling, and spray cooling, with companies specializing in data center cooling and traditional HVAC manufacturers involved in this space [10] Group 4: Future Trends - As AI demands continue to grow, liquid cooling is expected to replace air cooling as the primary method for reducing PUE in data centers [12]

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ●本次业绩预告的适用情形为：净利润为负值。 ●南京佳力图机房环境技术股份有限公司（以下简称"公司"）预计2025年年度实现归属于母公司所有者 的净利润-6,000.00万元到-4,500.00万元。 ●公司预计2025年度实现归属于母公司所有者的扣除非经常性损益后的净利润-7,400.00万元到-6,000.00 万元。 一、本期业绩预告情况 （一）业绩预告期间 2025年1月1日至2025年12月31日。 （二）业绩预告情况 预计2025年年度实现归属于母公司所有者的扣除非经常性损益后的净利润 -7,400.00万元到-6,000.00万 元。 （三）以上业绩预告数据仅为初步核算数据，未经注册会计师审计。 二、上年同期经营业绩 （一）利润总额：3,788.76万元。归属于母公司所有者的净利润：3,585.92万元。归属于母公司所有者的 扣除非经常性损益的净利润：1,673.46万元。 （二）每股收益：0.0662 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603912 证券简称：佳力图 公告编号：2026-005 转债代码：113597 转债简称：佳力转债 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ●本次业绩预告的适用情形为：净利润为负值。 ●南京佳力图机房环境技术股份有限公司（以下简称"公司"）预计2025年年度实现归属于母公司所有者 的净利润-6,000.00万元到-4,500.00万元。 ●公司预计2025年度实现归属于母公司所有者的扣除非经常性损益后的净利润-7,400.00万元到-6,000.00 万元。 一、本期业绩预告情况 （一）业绩预告期间 2025年1月1日至2025年12月31日。 （二）业绩预告情况 经财务部门初步测算，预计2025年年度实现归属于母公司所有者的净利润 -6,000.00万元到-4,500.00万 元，与上年同期相比，将出现亏损。 预计2025年年度实现归属于母公司所有者的扣除非经常性损益后的净利润 -7,400.00万元到-6,000.00万 元。 （三）以 ...

每经头条（nbdtoutiao）——短剧大爆发，吸纳69万人就业！一度送外卖的演员也找到工作：收入还算 可观但太累，剧组常备速效救心丸，拍睡觉戏真能睡着 （记者 曾健辉） 每经AI快讯，佳力图1月19日晚间发布业绩预告，预计2025年年度实现归属于母公司所有者的净利 润-6000万元到-4500万元，与上年同期相比，将出现亏损。业绩变动主要原因是，市场竞争激烈，主材 成本上涨，导致毛利率下降；公司加大新产品研发投入，导致研发人员及费用增加；楷德悠云数据中心 项目一期已经结项并结转固定资产，运维服务已逐步投入运营，导致项目营业成本、折旧及管理费用增 加。 ...

智通财经APP讯，佳力图(603912.SH)发布2025年年度业绩预告，经财务部门初步测算，预计2025年年 度实现归属于母公司所有者的净利润-6,000万元到-4,500万元，与上年同期相比，将出现亏损。 报告期归属于上市公司股东的净利润较上年同期减少的原因：(一)市场竞争激烈，主材成本上涨，导致 毛利率下降;(二)公司加大新产品研发投入，导致研发人员及费用增加;(三)楷德悠云数据中心项目一期已 经结项并结转固定资产，运维服务已逐步投入运营，导致项目营业成本、折旧及管理费用增加。 ...

Group 1 - The company, Jialitu (603912), announced on January 19 that it expects a net profit loss attributable to shareholders of the parent company ranging from 45 million to 60 million yuan for the year 2025 [1] - The report indicates that intense market competition and rising costs of main materials have led to a decline in gross profit margin [1]

Core Viewpoint - The company expects a net profit loss attributable to shareholders of 45 million to 60 million yuan for the fiscal year 2025, compared to a profit of 35.8592 million yuan in the same period last year [1] Group 1: Financial Performance - The net profit attributable to shareholders is projected to decrease significantly due to intense market competition and rising raw material costs, leading to a decline in gross margin [1] - The company has increased its investment in new product research and development, resulting in higher personnel and expense costs [1] Group 2: Project Developments - The Kaide Youyun Data Center project phase one has been completed and transferred to fixed assets, with operational services gradually commencing, which has led to increased operating costs, depreciation, and management expenses [1]

Core Viewpoint - The company, Jialitu, is projecting a net loss attributable to shareholders of the parent company for the year 2025, estimated between -60 million to -45 million yuan, indicating a significant decline compared to the previous year's profit of 35.8592 million yuan [1] Financial Performance - The expected net loss for 2025 ranges from -60 million to -45 million yuan [1] - The previous year's net profit was 35.8592 million yuan, highlighting a shift from profit to loss [1]