Company Overview - Jialituo, established on August 26, 2003, and listed on November 1, 2017, is located in Jiangning Economic and Technological Development Zone, Nanjing, Jiangsu Province. The company specializes in precision environmental control for data center rooms, providing temperature control, energy-saving equipment, and related technical services [1]. Financial Performance - For the period from January to June 2025, Jialituo achieved operating revenue of 321 million yuan, representing a year-on-year growth of 32.20%. However, the net profit attributable to shareholders was -17.77 million yuan, a decrease of 262.89% compared to the previous period [2]. - Since its A-share listing, Jialituo has distributed a total of 380 million yuan in dividends, with 125 million yuan distributed over the past three years [3]. Stock Performance - As of September 15, Jialituo's stock price was 9.60 yuan per share, with a market capitalization of 5.202 billion yuan. The stock has seen a year-to-date increase of 17.07%, but has declined by 0.83% over the last five trading days and 15.64% over the last 20 days [1]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent appearance on May 9 [1]. Shareholder Information - As of June 30, Jialituo had 49,800 shareholders, a decrease of 1.83% from the previous period. The average number of circulating shares per shareholder increased by 1.86% to 10,889 shares [2]. Business Segmentation - Jialituo's main business revenue composition includes precision air conditioning (57.06%), integrated environmental products for data centers (34.43%), maintenance services (4.57%), and other supplementary services (3.93%) [1]. Industry Classification - Jialituo is classified under the Shenwan industry category of mechanical equipment - general equipment - refrigeration and air conditioning equipment. The company is associated with several concept sectors, including small-cap, specialized and innovative, Alibaba concept, liquid cooling concept, and the East Data West Calculation initiative [1].

Group 1 - The core viewpoint of the news is that Jialitu's stock has shown significant fluctuations in price and trading volume, with a notable increase in stock price year-to-date and recent trading activity indicating investor interest [1][2]. - As of September 11, Jialitu's stock price increased by 2.09% to 9.75 CNY per share, with a total market capitalization of 5.283 billion CNY [1]. - The company has experienced a year-to-date stock price increase of 18.90%, with a recent 5-day increase of 3.94% and a 20-day decrease of 6.97% [1]. Group 2 - For the first half of 2025, Jialitu reported a revenue of 321 million CNY, representing a year-on-year growth of 32.20%, while the net profit attributable to shareholders was a loss of 17.77 million CNY, a decrease of 262.89% compared to the previous period [2]. - Jialitu's main business segments include precision air conditioning (57.06% of revenue), integrated environmental products (34.43%), maintenance services (4.57%), and other services (3.93%) [1]. - The company has distributed a total of 380 million CNY in dividends since its A-share listing, with 125 million CNY distributed over the past three years [3].

| 证券代码：603912 | 证券简称：佳力图 | 公告编号：2025-102 | | --- | --- | --- | | 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到期赎回的公告 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。 重要内容提示： 一、公司及子公司使用非公开发行股票募集资金委托理财基本情况 南京佳力图机房环境技术股份有限公司（以下简称"公司"或"佳力图"） 于 2025 年 4 月 18 日召开 2025 年第三次临时股东大会，审议通过了《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议案》，同意 公司及子公司对总额不超过 7 亿元的闲置非公开发行股票募集资金进行现金管 理，该额度在股东大会审议通过之日起 12 个月内可循环滚动使用，单个理财产 品的投资期限不超过 12 个月，募集资金现金管理到期后归还至募集资金专用账 户，并由股东大会授权董事长在以上额度内具体实施本次购买保 ...

Company Overview - Jialituo, established on August 26, 2003, is located in Jiangning Economic and Technological Development Zone, Nanjing, Jiangsu Province. The company specializes in precision environmental control for data center rooms, providing cooling, energy-saving equipment, and related technical services. The main revenue components are precision air conditioning (57.06%), integrated environmental products (34.43%), maintenance services (4.57%), and others (3.93%) [1]. Stock Performance - As of September 5, Jialituo's stock price increased by 2.03%, reaching 9.57 CNY per share, with a total market capitalization of 5.185 billion CNY. The stock has seen a year-to-date increase of 16.71%, but has declined by 5.06% over the last five trading days and 3.53% over the last 20 days. Over the past 60 days, the stock price has risen by 13.79% [1]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent occurrence on May 9 [1]. Financial Performance - For the first half of 2025, Jialituo reported a revenue of 321 million CNY, reflecting a year-on-year growth of 32.20%. However, the net profit attributable to shareholders was -17.77 million CNY, a significant decrease of 262.89% compared to the previous period [2]. - Since its A-share listing, Jialituo has distributed a total of 380 million CNY in dividends, with 125 million CNY distributed over the last three years [3]. Shareholder Information - As of June 30, Jialituo had 49,800 shareholders, a decrease of 1.83% from the previous period. The average number of circulating shares per shareholder increased by 1.86% to 10,889 shares [2]. Industry Classification - Jialituo is classified under the Shenwan industry category of mechanical equipment, specifically general equipment and refrigeration air conditioning equipment. The company is also associated with several concept sectors, including small-cap, specialized and innovative, digital energy, liquid cooling concepts, and Huawei concepts [1].

Core Viewpoint - The company held a half-year performance briefing on September 3, 2025, to discuss its operational and financial status with investors [1][2]. Group 1: Meeting Details - The performance briefing was announced on August 26, 2025, and was conducted via the Shanghai Stock Exchange's online platform [2]. - Key executives, including the Chairman and General Manager, participated in the meeting to address investor inquiries [2]. Group 2: Investor Questions and Company Responses - The company confirmed it will adhere to legal disclosure requirements regarding procurement or construction contracts [2]. - The first phase of the computing power data center project has been completed and is operational as of December 31, 2024 [2]. - The company highlighted its core technologies in liquid cooling systems, including various design and application studies [3]. - The company acknowledged the impact of macroeconomic factors on stock price fluctuations and emphasized its focus on core business development [4]. - The decline in net profit for the reporting period was attributed to increased competition, lower sales prices, and rising operational costs [4]. - As of June 30, 2025, the company reported an order backlog amounting to 976.53 million yuan [4]. - The company is committed to improving operational quality and profitability while focusing on high-quality development [4].

Core Viewpoint - The company held a half-year performance briefing on September 3, 2025, to discuss its operational and financial status with investors, addressing key concerns raised by them [1][2]. Group 1: Meeting Overview - The performance briefing was conducted via the Shanghai Stock Exchange's online platform, allowing for interactive communication with investors [1][2]. - Key executives, including the chairman and general manager, participated in the meeting to provide insights into the company's performance [2]. Group 2: Investor Questions and Company Responses - The company confirmed it will adhere to legal disclosure requirements regarding procurement or construction contracts [2]. - The first phase of the computing power room has been completed and is operational, but specific revenue details were not disclosed [2][4]. - The company highlighted its core technologies in liquid cooling systems, including various research areas and applications [3]. - The company acknowledged the decline in stock price due to macroeconomic factors and emphasized its focus on core business and improving operational performance [4]. - The net profit attributable to shareholders decreased due to intense market competition, increased sales and R&D expenses, and rising operational costs from the completed data center project [4]. - As of June 30, 2025, the company had an order backlog amounting to 976.53 million yuan [4]. - The company is committed to enhancing its core competitiveness and improving profitability, with a focus on high-quality development [4].

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： 南京佳力图机房环境技术股份有限公司（以下简称"公司"）于 2025 年 9 月 3 日（星期三）下午 15:00-16:00，通过上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/）以网络互动方式召开了"南京佳力图机房环境技 术股份有限公司 2025 年半年度业绩说明会"，就公司 2025 年半年度的经营情况、 财务状况等相关情况与投资者进行充分的交流和沟通。 一、本次业绩说明会召开情况 公司于 2025 年 8 月 26 日通过上海证券交易所官网（http://www.sse.com.cn） 披露了《关于召开 2025 年半年度业绩说明会的公告》（公告编号：2025-100）， 并 通 过 上 证 路 演 中 心 网 站 首 页 " 提 问 预 征 集 " 栏 目 （https://roadshow.sseinfo.com/preCallQa）和邮件方式提前征集投资者所关注 的问题。 公司于 2025 年 9 月 3 ...

Group 1 - On August 29, Jialitu completed a block trade of 250,000 shares, with a transaction value of 2.36 million yuan, accounting for 1.05% of the total trading volume for that day [1] - The transaction price was 9.44 yuan, which represents a discount of 6.35% compared to the market closing price of 10.08 yuan [1]

Company Overview - Jialituo, established on August 26, 2003, is located in Jiangning Economic and Technological Development Zone, Nanjing, Jiangsu Province. The company specializes in precision environmental control for data center rooms, providing temperature control, energy-saving equipment, and related technical services. The main revenue composition includes precision air conditioning (57.06%), integrated environmental products (34.43%), maintenance services (4.57%), and others (3.93%) [1]. Stock Performance - As of August 28, Jialituo's stock price decreased by 2.05%, trading at 10.03 CNY per share, with a total market capitalization of 5.435 billion CNY. The stock has increased by 22.32% year-to-date, with a recent decline of 2.90% over the last five trading days, a 7.50% increase over the last 20 days, and a 10.95% increase over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent occurrence on May 9 [1]. Financial Performance - For the first half of 2025, Jialituo reported a revenue of 321 million CNY, reflecting a year-on-year growth of 32.20%. However, the net profit attributable to shareholders was a loss of 17.77 million CNY, a significant decrease of 262.89% compared to the previous period [2]. - Since its A-share listing, Jialituo has distributed a total of 380 million CNY in dividends, with 125 million CNY distributed over the past three years [3]. Shareholder Information - As of June 30, Jialituo had 49,800 shareholders, a decrease of 1.83% from the previous period. The average number of circulating shares per shareholder increased by 1.86% to 10,889 shares [2].

Core Viewpoint - The recent financial report of Jialitu (603912) shows a significant increase in revenue but a drastic decline in net profit, indicating potential operational challenges and financial strain. Financial Performance Summary - Total revenue for the first half of 2025 reached 321 million yuan, a year-on-year increase of 32.2% compared to 243 million yuan in 2024 [1] - Net profit attributable to shareholders was -17.77 million yuan, a decline of 262.89% from a profit of 10.91 million yuan in the previous year [1] - In Q2 2025, revenue was 185 million yuan, up 44.03% year-on-year, while net profit was -4.94 million yuan, down 157.61% [1] - Gross margin decreased to 16.92%, down 44.42% year-on-year, and net margin fell to -5.54%, a drop of 223.53% [1] - Total expenses (selling, administrative, and financial) amounted to 56.47 million yuan, accounting for 17.6% of revenue, an increase of 7.75% year-on-year [1] Balance Sheet Highlights - Cash and cash equivalents increased by 53.73% to 1.227 billion yuan [1] - Accounts receivable rose by 8.47% to 356 million yuan, with accounts receivable to net profit ratio at 992.23% [1][13] - Interest-bearing liabilities increased by 23.98% to 1.383 billion yuan [1] Cash Flow and Debt Analysis - Operating cash flow per share was -0.19 yuan, a decrease of 12.35% year-on-year [1] - The company’s cash flow situation is concerning, with a three-year average operating cash flow to current liabilities ratio of only 1.19% [12][13] - The interest-bearing debt ratio reached 36.58%, indicating a high level of leverage [13] Operational Insights - The increase in revenue is attributed to a rise in orders, while the increase in operating costs is linked to the operational costs of the Kaide Youyun data center and a decline in product gross margins [11] - The company’s return on invested capital (ROIC) was only 1.55%, significantly below the historical median of 12.27% since its listing [11]