深圳市英威腾电气股份有限公司公告（2025） 证券代码：002334 证券简称：英威腾 公告编号：2025-064 深圳市英威腾电气股份有限公司 2025年第二次临时股东会决议公告 本公司及董事会全体人员保证公告披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东会以现场投票和网络投票相结合的方式召开。 （1）现场会议时间：2025年12月15日（星期一）14:30 （2）网络投票时间：2025年12月15日 （通过深圳证券交易所系统进行网络投票的具体时间为2025年12月15日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投 票的具体时间为2025年12月15日9:15至15:00的任意时间。） 2、会议地点：广东省深圳市光明区马田街道松白路英威腾光明科技大厦 A 座 13 楼多功能厅。 3、会议召开方式：现场投票与网络投票相结合的方式。 4、会议召集人、主持人：本次会议由公司董事会召集、董事长黄申力先生 主持。 2、本次股东会未出现否决议案的情形。 3、本次股东会没有涉及变更前次股东会决议的情形。 一、会议召开和 ...

Summary of Liquid Cooling Industry Conference Call Industry Overview - The liquid cooling industry is experiencing significant growth driven by the surge in data center cooling demands and stricter PUE (Power Usage Effectiveness) regulations. The global AIDC (Artificial Intelligence Data Center) liquid cooling market is projected to reach approximately 110-115 billion RMB by 2026 [1][9]. Key Points and Arguments - **Market Dynamics**: The cost of cooling systems is expected to double to around 10% of total costs due to rapid server iterations. For instance, the value of server modules increased from $75,000 to $95,000, a 20% rise, as the GB300 phase introduced independent cold plates for each GPU [9][10]. - **Liquid Cooling Technology**: The technology is categorized into indirect contact, direct contact, and spray cooling. The single-sided cold plate is dominant in the North American market, while the Inrow model is suitable for new data centers, and the Inrack model is for retrofitting existing centers [2][6][7]. - **Key Components**: Liquid cooling plates are critical components, with significant technical barriers in the design and manufacturing of microchannel plates. These plates enhance heat transfer but require high stability and leak-proof performance [3][8][12]. Emerging Opportunities - **Domestic Supply Chain**: The opening of supplier permissions by NVIDIA in the GB300 phase allows domestic suppliers to enter the market, increasing the demand for cost-effective solutions as NVIDIA shifts towards cloud services [10][11]. - **Company Performance**: Leading companies like Yingwei and Hongsheng are expected to achieve significant performance milestones by 2026. Yingwei's market value is projected to reach 150 billion RMB, while Hongsheng's profits are expected to exceed 300 million RMB [3][5][14]. Additional Insights - **Technological Challenges**: The manufacturing of microchannel plates faces challenges such as low yield rates and high costs due to complex processes. Companies are actively experimenting to find efficient and cost-effective solutions [12][13]. - **Competitive Landscape**: Yingwei is recognized as a leading player with substantial orders from major clients like Google, while Hongsheng is positioned well within the supply chain, indicating a competitive edge in the liquid cooling market [14]. Conclusion - The liquid cooling industry is poised for rapid growth, driven by technological advancements and market dynamics. The shift towards domestic supply chains and the performance of key players will be crucial in shaping the future landscape of this industry [4][10].

Group 1 - The company, Invt (002334.SZ), confirmed that its UPS and temperature control products are essential core components for data centers and AI computing centers, indicating their relevance in the construction and operation of these facilities [2] - The product line of the company covers and serves the needs of data centers and AI computing centers, highlighting its strategic positioning in the industry [2] - The rectifiers and inverters produced by the company are not only sold externally but also serve as key components in the company's industrial automation-related products [2]

Core Viewpoint - The company emphasizes its focus on material application for product development and aims to enhance product competitiveness by collaborating closely with relevant suppliers to introduce new materials [1] Group 1 - The company is actively engaged in product research and development based on material applications [1] - The company maintains close relationships with suppliers to improve product competitiveness [1] - The introduction of new materials is a key strategy for the company's product enhancement [1]

证券日报网讯12月9日，英威腾（002334）在互动平台回答投资者提问时表示，公司认识到并积极正视 与友商的差距，公司将积极推进公司经营质量提升及业务增长，并向友商学习取长补短，推动公司价值 提升。 ...

Core Viewpoint - The company is actively following trends in HVDC (High Voltage Direct Current) and is working on talent acquisition and product research in this area [2] Group 1 - The company is engaging with investors on its interactive platform regarding its strategic focus [2] - The company is prioritizing talent reserve and product pre-research related to HVDC applications [2]

证券日报网讯12月9日，英威腾（002334）在互动平台回答投资者提问时表示，公司严格按照相关法律 法规及监管规定，在定期报告中披露股东总数及相关股东持股情况。 ...

Core Viewpoint - The company emphasizes the importance of integrating materials and processes in product development to enhance product performance [1] Group 1 - The company, Invt (002334), responded to investor inquiries on December 9 regarding its focus on product research and development [1] - The company aims to improve product performance through careful consideration of material and process combinations [1]

Group 1 - The core viewpoint of the article highlights that the company, Invt, is actively developing its new energy power business, particularly in the area of vehicle charging power products, which currently contribute a low proportion to the company's main business revenue [2] - The company has introduced high-voltage fast charging products in its vehicle charging power segment and is in the market verification phase for its liquid cooling products, with ongoing testing by large clients [2] - The company notes that its order book is continuously changing, and specific financial information will be available in its periodic reports [2]

Group 1 - The company, Invt, focuses its R&D investments primarily on two key areas: smart manufacturing and smart energy [2] - The R&D efforts are directed towards developing critical products that can achieve technological leadership, facilitate domestic substitution, and expand into global markets [2]