Core Insights - Feilong Co., Ltd. announced on November 14 that its liquid cooling pump series products follow a platform-based, series-based, and customized development strategy [2] - The company has successfully developed a 22kW large IDC liquid cooling pump for data center liquid cooling systems, which has been validated and recognized by well-known clients, entering the small batch delivery phase [2] - This achievement highlights the company's leading position in server liquid cooling solutions [2]

Core Viewpoint - Feilong Co., Ltd. is committed to expanding its new track in the civilian thermal management field while ensuring shareholder returns as a serious commitment [2] Group 1: Company Strategy - The company emphasizes the concept of sharing development dividends and aims to establish a stable and predictable long-term return mechanism [2] - Since its listing, the company has consistently and steadily implemented annual cash dividends, returning over 1 billion yuan to shareholders [2] Group 2: Financial Performance - The cumulative return of over 1 billion yuan to shareholders reflects the company's excellent profitability and firm strategic determination [2]

Group 1 - The company Feilong Co., Ltd. announced on November 14 that its thermal management integrated module products consist of components such as electronic pumps, thermal management control valves, expansion tanks, flow guides, sensors, and wiring harnesses [2] - Compared to traditional single-component products, the value of thermal management integrated modules has significantly increased, with specific value varying due to differences in product structure [2]

Group 1 - The company Feilong Co., Ltd. announced that its first overseas smart factory, Longtai Company, is set to complete trial production on June 26, 2025 [2] - The planned production capacity of Longtai Company will primarily serve overseas customers, focusing on engine thermal management products and new energy thermal management products [2] - The company will adjust and increase production capacity in response to global liquid cooling trends and customer demand [2]

Core Insights - The company Feilong Co., Ltd. announced on November 14 that there is a significant increase in demand for liquid cooling pumps due to the explosion of AI computing power and low heat dissipation requirements [2] - Major global cloud service providers and high-end computing providers, such as NVIDIA, Google, Microsoft, Meta, Dell, and Amazon, are constructing AI data centers that support liquid cooling on a large scale [2] - The company's liquid cooling pump products are characterized by low energy consumption, long lifespan, lightweight, and strong operability, giving them a competitive edge in the market [2]

Group 1 - The company, Feilong Co., announced on November 14 that it has established close partnerships with over 40 leading enterprises in the server liquid cooling sector, including HP, Delta, Jinyun, Vidi, Shenling Environment, Yaha Electronics, Haiwu, Shenzhen Xingqihong, Invec, and Wanbang Digital [2] - Some of the clients in the server liquid cooling field are well-known companies from Taiwan [2]

Group 1 - The core viewpoint of the article highlights that Feilong Co., Ltd. has announced its current major clients for thermal management integrated modules, which include Chery, Nanjing Automobile, Li Auto, Geely, Lantu, and SAIC [2] - The company is actively engaging in in-depth communication and collaboration with multiple project parties, indicating a strategic approach to expand its market presence [2] - Some projects are gradually ramping up, and the scale effect has begun to manifest, suggesting positive growth prospects for the company's product offerings [2]

Core Insights - The company Feilong Co., Ltd. announced on November 14 that its electronic pump series has a large customer base in the new energy thermal management sector [2] Group 1: Product Applications - The electronic pump products are utilized not only in the automotive sector but also extensively in server liquid cooling, charging pile liquid cooling, wind and solar energy storage liquid cooling, power equipment, and large machinery industrial liquid cooling [2] - The products can be integrated with the company's temperature control valves to form integrated modules, enhancing product value [2] Group 2: Market Potential - The future development space for the company's products in the thermal management field is considered vast [2]

Group 1 - The company Feilong Co., Ltd. announced on November 14 that its new energy thermal management products mainly include two categories: electronic pumps and temperature control valves [2] - The electronic pump series includes electronic water pumps, electronic oil pumps, and electronic vacuum pumps [2] - The temperature control valve series consists of thermal management multi-way valves, thermal management control valves, electric vehicle water valves, integrated modules, and various modified products [2]

Core Viewpoint - Feilong Co., Ltd. (002536) is actively expanding its overseas business by securing export project orders and establishing partnerships with major clients such as General Motors, Ford, and Cummins [1] Group 1 - The company has successfully engaged in overseas export projects, indicating a strategic focus on international markets [1] - Feilong Co. is leveraging its presence in Thailand to expand its influence in the Southeast Asian region [1] - The establishment of collaborations with prominent clients highlights the company's commitment to growth and diversification in its business operations [1]