Group 1 - The core viewpoint is that the demand for magnetic levitation compressors in China's data centers is expected to double in the next three years, driven by the growth of the digital economy and energy efficiency initiatives [2][3] - The magnetic levitation chiller units are gaining attention for their high energy efficiency, with a current penetration rate of less than 1% in large buildings in China, indicating significant market potential for energy-saving devices [3] - The peak efficiency of magnetic levitation centrifugal chillers can reach a COP of 12 under partial load conditions, offering a 35% higher energy savings compared to traditional chillers, making them a viable alternative as energy consumption and environmental protection needs increase [3] Group 2 - The rapid growth in AI model training and inference is driving a sustained increase in computing power demand, leading to a dual-driven pattern in the HVAC industry with traditional air cooling and accelerated penetration of liquid cooling technologies [4] - The construction of new data centers is leading to stricter PUE requirements, making more energy-efficient solutions like indirect evaporative cooling and refrigerant pumps mainstream within air cooling options [4] - A supply-demand gap for core cooling equipment, particularly compressors, is expected to emerge in the next 2-3 years due to the surge in data center construction and the lag in capacity expansion from major manufacturers [4]

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： 委托理财种类：结构性存款 委托理财金额：11000万元 | 证券代码：603912 | 证券简称：佳力图 | 公告编号：2025-056 | | --- | --- | --- | | 转债代码：113597 | 转债简称：佳力转债 | | 南京佳力图机房环境技术股份有限公司 关于使用部分闲置首次公开发行股票募集资金 到期赎回及进行现金管理的进展公告 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 理财赎回金额：12400万元 履行的审议程序：已经南京佳力图机房环境技术股份有限公司（以下简称 "公司"或"佳力图"）2024年第二次临时股东大会审议通过。 特别风险提示：本次购买的理财产品安全性高、流动性好、有保本约定， 属于低风险投资产品，但金融市场受宏观经济、财政及货币政策的影响较大，不 排除该项投资可能受到市场波动的影响。 一、本次使用闲置募集资金进行现金管理到期赎回的情况 2025年4月29日，公司使用闲置募集资金人民币5800万元，购买了上海浦东 发展银行"7天通知存款"理财产品，具体内容详见公司于202 ...

| 证券代码：603912 | 证券简称：佳力图 | 公告编号：2025-055 | | --- | --- | --- | | 转债代码：113597 | 转债简称：佳力转债 | | 南京佳力图机房环境技术股份有限公司 一、本次使用闲置非公开发行股票募集资金进行现金管理到期赎回的情况 2025年4月23日，南京楷德悠云数据有限公司使用闲置募集资金人民币1亿 元，购买了杭州银行股份有限公司南京御道街支行"杭州银行'添利宝'结构性 存款产品（TLBB202507237）"理财产品，具体内容详见公司于2025年4月24 日在上海证券交易所网站（www.sse.com.cn）披露的《关于公司及子公司使用 部分闲置非公开发行股票募集资金进行现金管理的进展公告》（公告编号： 2025-049），该理财产品于2025年4月30日到期，公司已收回本金人民币1亿元， 并取得收益人民币5.08万元，与预期收益不存在差异。上述理财产品本金及收益 已归还至募集资金账户。 二、闲置非公开发行股票募集资金现金管理总体情况 重要内容提示： 本次理财赎回金额：杭州银行股份有限公司南京御道街支行"杭州银行'添 利宝'结构性存款产品（TLBB ...

重要内容提示： 委托理财种类：7天通知存款 | 证券代码：603912 | 证券简称：佳力图 | 公告编号：2025-054 | | --- | --- | --- | | 转债代码：113597 | 转债简称：佳力转债 | | 南京佳力图机房环境技术股份有限公司 关于使用部分闲置首次公开发行股票募集资金 到期赎回及进行现金管理的进展公告 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。 委托理财金额：12400万元 理财赎回金额：12000万元 履行的审议程序：已经南京佳力图机房环境技术股份有限公司（以下简称 "公司"或"佳力图"）2024年第二次临时股东大会审议通过。 特别风险提示：本次购买的理财产品安全性高、流动性好、有保本约定， 属于低风险投资产品，但金融市场受宏观经济、财政及货币政策的影响较大，不 排除该项投资可能受到市场波动的影响。 一、本次使用闲置募集资金进行现金管理到期赎回的情况 2025年3月28日，公司使用闲置募集资金人民币12000万元，购买了上海浦 东发展银行"利多多公司稳利25JG5923期(三层看涨) ...

证券代码：603912 证券简称：佳力图 公告编号：2025-053 转债代码：113597 转债简称：佳力转债 监事会认为：1、公司2025年第一季度报告的编制和审议程序符合法律、法 规、《公司章程》和公司内部管理制度等各项规定； 2、公司2025年第一季度报告的内容和格式符合中国证监会和上海证券交易 所的各项规定，所包含的信息公允的反映了公司报告期内的财务状况和经营成果， 所包含的信息能从各个方面真实地反映出公司报告期内的经营管理和财务状况 等事项； 南京佳力图机房环境技术股份有限公司 第四届监事会第五次会议决议公告 本公司监事会及全体监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。 一、监事会会议召开情况 南京佳力图机房环境技术股份有限公司（以下简称"公司"）第四届监事会 第五次会议通知于 2025 年 4 月 21 日以电子邮件及电话方式通知各位监事，会 议于 2025 年 4 月 28 日上午在公司二楼会议室以现场结合通讯表决方式召开。 会议应出席 5 人，实际出席 5 人（其中：以通讯表决方式出席会议 2 人）。会议 由监事会主席贺向 ...

| 证券代码：603912 | 证券简称：佳力图 | 公告编号：2025-052 | | --- | --- | --- | | 转债代码：113597 | 转债简称：佳力转债 | | 第四届董事会第八次会议决议公告 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。 一、董事会会议召开情况 南京佳力图机房环境技术股份有限公司（以下简称"公司"）第四届董事会 第八次会议通知于 2025 年 4 月 21 日以电子邮件及电话方式通知各位董事，会 议于 2025 年 4 月 28 日上午在公司二楼会议室以现场结合通讯表决方式召开。 会议应出席 9 人，实际出席 9 人（其中：以通讯表决方式出席会议 6 人）。会议 由董事长何根林先生主持，公司全体监事和高级管理人员列席了本次会议。本次 会议的召开符合《中华人民共和国公司法》和《南京佳力图机房环境技术股份有 限公司章程》及其他有关法律法规的规定，会议合法有效。 二、董事会会议审议情况 （一）审议并通过《公司2025年第一季度报告》 根据2025年第一季度公司经营情况和财务状况，按照《上海 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 135.81 million, an increase of 18.90% compared to CNY 114.23 million in the same period last year[4]. - The net profit attributable to shareholders was a loss of CNY 12.83 million, a decrease of 649.49% from a profit of CNY 2.34 million in the previous year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 16.95 million, down 3,015.79% from a profit of CNY 0.58 million in the same period last year[4]. - The basic earnings per share were CNY -0.0237, a decrease of 651.16% from CNY 0.0043 in the previous year[6]. - The weighted average return on equity was -0.68%, a decrease of 0.80 percentage points compared to 0.12% in the previous year[6]. - The net profit for Q1 2025 was a loss of ¥12,271,438.07, compared to a loss of ¥7,642,427.72 in Q1 2024, indicating a worsening performance[30]. Cash Flow - The net cash flow from operating activities was a negative CNY 125.18 million, worsening by 167.75% compared to a negative CNY 46.75 million in the previous year[6]. - Operating cash flow for Q1 2025 showed a net outflow of CNY 125.18 million, worsening from a net outflow of CNY 46.75 million in Q1 2024[25]. - The company's cash flow from operating activities showed a significant outflow, contributing to the net loss reported for the quarter[30]. - The total cash outflow from operating activities was CNY 357,115,871.54, an increase of 4.6% compared to CNY 341,363,182.73 in Q1 2024[31]. - The net cash flow from operating activities was -CNY 145,353,089.76, slightly improved from -CNY 153,351,142.66 in the previous year[31]. Assets and Liabilities - The total assets as of March 31, 2025, were CNY 3,446.60 million, an increase of 5.65% from CNY 3,262.32 million at the end of the previous year[6]. - Current assets as of March 31, 2025, amount to ¥2,584,600,166.21, an increase from ¥2,421,628,251.15 as of December 31, 2024, representing a growth of approximately 6.73%[18][19]. - Total liabilities as of March 31, 2025, are ¥1,573,656,225.62, up from ¥1,376,584,881.89, indicating an increase of approximately 14.32%[20]. - The company's total liabilities rose to ¥1,575,858,515.29 from ¥1,340,926,934.39, indicating an increase in financial obligations[28]. - The company's total equity decreased to ¥1,819,200,627.33 from ¥1,831,432,416.79, indicating a decline in shareholder value[28]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 50,682[15]. - The largest shareholder, Nanjing Kaide Investment Co., Ltd., holds 156,636,773 shares, accounting for 28.91% of total shares[15]. Costs and Expenses - Total operating costs for Q1 2025 were CNY 155.90 million, up 36% from CNY 114.94 million in Q1 2024[21]. - The company reported a significant increase in financial expenses by 252.89%, mainly due to changes in financial management structures[13]. - The company incurred financial expenses of CNY 3.95 million in Q1 2025, compared to a financial income of CNY 2.58 million in Q1 2024[21]. - Research and development expenses for Q1 2025 were CNY 13.55 million, slightly up from CNY 12.37 million in Q1 2024[21]. - Research and development expenses for Q1 2025 were ¥11,334,591.47, up from ¥10,243,219.08 in Q1 2024, highlighting a focus on innovation[29]. Order Backlog - The company had a backlog of orders amounting to CNY 987.19 million as of March 31, 2025[8].

Financial Performance - The company reported a basic earnings per share of -0.0200 yuan for Q1 2025, a decrease of 565.12% compared to Q1 2024, which was 0.0043 yuan [1] - The net profit for Q1 2025 was -0.13 billion yuan, representing a significant decline of 750% from the net profit of 0.02 billion yuan in Q1 2024 [1] - The operating revenue increased by 19.3% year-on-year, reaching 1.36 billion yuan in Q1 2025, compared to 1.14 billion yuan in Q1 2024 [1] - The return on equity (ROE) for Q1 2025 was -0.68%, a drop of 666.67% from 0.12% in Q1 2024 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 27,436.24 million shares, accounting for 50.63% of the circulating shares, with a decrease of 350.22 million shares from the previous period [1] - Nanjing Kaide Investment Co., Ltd. remains the largest shareholder with 15,663.68 million shares, representing 28.91% of the total share capital, unchanged from the previous report [2] - New entrants to the top ten shareholders include Wang Ping, Fang Hui, and Chang Yuan, while Morgan Stanley & Co. International PLC, Barclays Bank PLC, and China International Capital Corporation have exited the list [2] Dividend Policy - The company has announced that it will not distribute dividends or transfer shares in the current period [2]

佳力图（603912）公告，2025年第一季度营收为1.36亿元，同比增长18.90%；净亏损1283.17万元，去 年同期净利润233.52万元。 ...

南京佳力图机房环境技术股份有限公司 证券代码：603912 证券简称：佳力图 公告编号：2025-050 转债代码：113597 转债简称：佳力转债 关于不向下修正"佳力转债"转股价格的公告 3、因公司完成非公开发行股票登记手续，新增股本 83,221,388 股。佳力转 债的转股价格由 16.36 元/股调整为 15.20 元/股，转股价格调整日为 2023 年 3 月 31 日。具体内容详见公司于 2023 年 3 月 30 日披露的《关于"佳力转债"转 股价格调整的公告》（公告编号：2023-036）。 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： 自 2025 年 4 月 3 日至 2025 年 4 月 24 日，南京佳力图机房环境技术股 份有限公司（以下简称"公司"）股票在连续 30 个交易日中已有 15 个交易日 的收盘价低于当期转股价格的 85%，"佳力转债"转股价格已触发向下修正条 款。 公司第四届董事会第七次会议决定本次不向下修正转股价格，同时在未 来一个月内（即 2025 年 4 月 25 ...