| 证券代码：002600 | 证券简称：领益智造 | 公告编号：2025-138 | | --- | --- | --- | | 债券代码：127107 | 债券简称：领益转债 | | 广东领益智造股份有限公司 关于"领益转债"赎回实施的第六次提示性公告 本公司及董事会全体成员保证信息披露的内容真实、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、"领益转债"赎回价格：100.181 元/张（含当期应计利息，当期年利率为 0.20%，且当期利息含税），扣税后的赎回价格以中国证券登记结算有限责任公司 深圳分公司（以下简称"中登公司"）核准的价格为准。 2、赎回条件满足日：2025 年 9 月 8 日 3、"领益转债"停止交易日：2025 年 10 月 10 日 4、"领益转债"赎回登记日：2025 年 10 月 14 日 5、"领益转债"停止转股日：2025 年 10 月 15 日 6、"领益转债"赎回日：2025 年 10 月 15 日 7、发行人（公司）资金到账日：2025 年 10 月 20 日 8、投资者赎回款到账日：2025 年 10 月 22 日 11、根据安排，截至 2025 ...

Company Overview - Lingyi Technology, established on July 1, 1975, and listed on July 15, 2011, is located in Jiangmen City, Guangdong Province. The company specializes in the production and sales of new electronic components, mobile phone, and computer accessories. The revenue composition is as follows: AI terminals 88.32%, others 6.68%, and automotive and low-altitude economy 5.01% [1][2]. Stock Performance - As of September 15, Lingyi Technology's stock price increased by 2.02%, reaching 14.64 CNY per share, with a total market capitalization of 102.6 billion CNY. The stock has risen 83.46% year-to-date, with a 3.68% increase over the last five trading days, 31.54% over the last 20 days, and 77.67% over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" seven times this year, with the most recent appearance on August 28, where it recorded a net buy of -17.59 million CNY [1]. Financial Performance - For the first half of 2025, Lingyi Technology reported a revenue of 23.625 billion CNY, reflecting a year-on-year growth of 23.56%. The net profit attributable to shareholders was 930 million CNY, marking a year-on-year increase of 34.31% [2]. Shareholder Information - As of July 31, the number of shareholders for Lingyi Technology was 295,300, a decrease of 1.78% from the previous period. The average number of tradable shares per person increased by 1.81% to 23,361 shares [2]. - The company has distributed a total of 3.079 billion CNY in dividends since its A-share listing, with 1.367 billion CNY distributed over the last three years [3]. Institutional Holdings - As of June 30, 2025, the second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 120 million shares, a decrease of 28.67 million shares from the previous period. New institutional shareholders include Huatai-PB CSI 300 ETF, E Fund CSI 300 ETF, and others [3].

登录新浪财经APP 搜索【信披】查看更多考评等级 10、最后一个交易日可转债简称：Z领转债 11、根据安排，截至2025年10月14日收市后仍未转股的"领益转债"将被强制赎回。本次赎回完成 后，"领益转债"将在深圳证券交易所摘牌，特提醒"领益转债"债券持有人注意在限期内转股。债券持有 人持有的"领益转债"如存在被质押或被冻结的，建议在停止转股日前解除质押或冻结，以免出现因无法 转股而被赎回的情形。 证券代码：002600 证券简称：领益智造公告编号：2025-137 债券代码：127107 债券简称：领益转债 广东领益智造股份有限公司 关于"领益转债"赎回实施的第五次提示性公告 本公司及董事会全体成员保证信息披露的内容真实、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、"领益转债"赎回价格：100.181元/张（含当期应计利息，当期年利率为0.20%，且当期利息含税）， 扣税后的赎回价格以中国证券登记结算有限责任公司深圳分公司（以下简称"中登公司"）核准的价格为 准。 12、风险提示：本次"领益转债"赎回价格可能与其停止交易和停止转股前的市场价格存在较大差异，特 提醒持有人注意在限期内转 ...

| 证券代码：002600 | 证券简称：领益智造 | 公告编号：2025-137 | | --- | --- | --- | | 债券代码：127107 | 债券简称：领益转债 | | 广东领益智造股份有限公司 关于"领益转债"赎回实施的第五次提示性公告 本公司及董事会全体成员保证信息披露的内容真实、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、"领益转债"赎回价格：100.181 元/张（含当期应计利息，当期年利率为 0.20%，且当期利息含税），扣税后的赎回价格以中国证券登记结算有限责任公司 深圳分公司（以下简称"中登公司"）核准的价格为准。 12、风险提示：本次"领益转债"赎回价格可能与其停止交易和停止转股前 的市场价格存在较大差异，特提醒持有人注意在限期内转股。投资者如未及时转 2、赎回条件满足日：2025 年 9 月 8 日 3、"领益转债"停止交易日：2025 年 10 月 10 日 4、"领益转债"赎回登记日：2025 年 10 月 14 日 5、"领益转债"停止转股日：2025 年 10 月 15 日 6、"领益转债"赎回日：2025 年 10 月 15 日 7、发行人 ...

Core Viewpoint - A new microfluidic structure called "manifold-microjet-serrated microchannel" has been developed, achieving a super high heat flux density of 3000 W/cm² for chip cooling, while reducing cooling power consumption to 0.9 W/cm², providing a significant advancement for next-generation high-performance chip thermal management [1] Company and Industry Summary - Over 30 liquid cooling concept stocks in the A-share market, with 7 stocks doubling in price this year, including Siquan New Materials (301489) with a price increase of over 365%, primarily focusing on liquid cooling modules [1] - Other notable stocks that have doubled in price include Dayuan Pump Industry (603757), Yingweik (002837), Feilong Co., Ltd. (002536), and Rongyi Precision [1] - Since the second half of the year, multiple liquid cooling concept stocks have attracted institutional research, including Feilong Co., Ltd., Yimikang (300249), Yinlun Co., Ltd. (002126), Lingyi Zhizao (002600), Suzhou Tianmai (301626), and Huafeng Aluminum (601702) [1] - From the perspective of institutional interest, 15 liquid cooling concept stocks have received attention from 3 or more institutions, with Yinlun Co., Ltd., Inspur Information (000977), and Yingweik receiving attention from over 20 institutions [1]

Summary of Lingyi (002600.SZ) Conference Call Company Overview - **Company**: Lingyi (002600.SZ) - **Industry**: Consumer Electronics, AI Solutions Key Points Business Outlook - Management is optimistic about long-term revenue growth and profitability improvements, identifying opportunities in: - Foldable phones - Robots - AI/AR glasses - AI servers - Lingyi plans to establish partnerships with robot suppliers and launch more industrial robot models to meet rising demand in the industrial sector [2][2] - The contribution of new business is expected to increase from 15% in 2024 to 28% in 2027E [2][2] Smartphone Business Outlook - Anticipated benefits from upcoming smartphone form factor changes, particularly foldable phones, which are expected to have a higher average selling price (ASP) due to increased technical requirements [3][3] - Expected penetration rates for foldable phones are projected to reach: - 2.5% in 2025 - 3.4% in 2026 - 4.1% in 2027 - Shipment growth for foldable phones is forecasted at: - 65% YoY in 2025 - 39% YoY in 2026 - 21% YoY in 2027 - This growth outpaces overall smartphone shipment growth, which is expected to be 0% in 2025, 1% in 2026, and 1% in 2027 [3][6] Expansion into AI Server Thermal Solutions - Lingyi is expanding into AI server thermal solutions, collaborating with leading AI chipset companies on liquid cooling components [7][7] - The goal is to transition from providing liquid cooling components to offering total solutions [7][7] - Expected penetration rates for AI training servers are projected to reach: - 45% in 2025 - 74% in 2026 - This growth is driven by: - Rack-level AI servers, which are entirely liquid cooled - Increasing liquid cooling penetration in baseboard-based AI training servers - Potential upside from ASIC AI servers [7][7] Financial Projections - 12-month target price set at Rmb20.1, based on a target P/E multiple of 34.8x 2026E EPS [8][8] - Key financial metrics forecasted for 2024-2027 include: - Revenue growth from Rmb44.2 billion in 2024 to Rmb83.5 billion in 2027 - EBITDA growth from Rmb4.8 billion in 2024 to Rmb10.1 billion in 2027 - EPS growth from Rmb0.25 in 2024 to Rmb0.81 in 2027 [9][9] Risks - Potential risks include: - Slower-than-expected penetration of foldable phones and AI terminals - Increased competition from additional suppliers - Weak macroeconomic conditions affecting market demand [8][8] Conclusion - Lingyi is positioned for growth in the consumer electronics sector, particularly through innovations in foldable phones and AI server thermal solutions. The company is optimistic about its revenue and profitability trajectory, supported by strategic partnerships and market trends.

Group 1 - The Tonghuashun Fruit Index concept rose by 4.66%, ranking 8th among concept sectors, with 20 stocks increasing, including Industrial Fulian, Pengding Holdings, and Dongshan Precision hitting the daily limit [1] - Leading stocks in the Tonghuashun Fruit Index include Xun Precision, which saw a net inflow of 2.788 billion yuan, followed by Industrial Fulian, Dongshan Precision, and Lingyi Intelligent Manufacturing with net inflows of 951 million yuan, 631 million yuan, and 592 million yuan respectively [2][3] Group 2 - The top three stocks by net inflow ratio are Xun Precision at 19.48%, Pengding Holdings at 15.65%, and Dongshan Precision at 9.15% [3] - The overall net inflow for the Tonghuashun Fruit Index concept was 5.473 billion yuan, with 16 stocks receiving net inflows, and 7 stocks exceeding 1 billion yuan in net inflow [2]

| 证券代码：002600 | 证券简称：领益智造 | 公告编号：2025-136 | | --- | --- | --- | | 债券代码：127107 | 债券简称：领益转债 | | 广东领益智造股份有限公司 关于"领益转债"赎回实施的第四次提示性公告 本公司及董事会全体成员保证信息披露的内容真实、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、"领益转债"赎回价格：100.181 元/张（含当期应计利息，当期年利率为 0.20%，且当期利息含税），扣税后的赎回价格以中国证券登记结算有限责任公司 深圳分公司（以下简称"中登公司"）核准的价格为准。 2、赎回条件满足日：2025 年 9 月 8 日 3、"领益转债"停止交易日：2025 年 10 月 10 日 4、"领益转债"赎回登记日：2025 年 10 月 14 日 6、"领益转债"赎回日：2025 年 10 月 15 日 7、发行人（公司）资金到账日：2025 年 10 月 20 日 8、投资者赎回款到账日：2025 年 10 月 22 日 9、赎回类别：全部赎回 10、最后一个交易日可转债简称：Z 领转债 11、根据安排，截至 2 ...

| 证券代码：002600 | 证券简称：领益智造 | 公告编号：2025-135 | | --- | --- | --- | | 债券代码：127107 | 债券简称：领益转债 | | 广东领益智造股份有限公司 关于 2024 年股票期权激励计划首次授予部分股票期权 注销完成的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 广东领益智造股份有限公司（以下简称"公司"）于 2025 年 9 月 8 日召开第 六届董事会薪酬与考核委员会第七次会议和第六届董事会第十八次会议，审议通 过了《关于注销 2024 年股票期权激励计划首次授予部分股票期权的议案》。2024 年股票期权激励计划首次授予股票期权的 1,410 名激励对象中，103 名激励对象 因离职已不再具备激励对象资格，合计持有的全部已获授尚未行权的 1,728.00 万份股票期权将被注销；98 名激励对象因 BG 层面综合考评及个人层面绩效考 核未完全达标，第一个行权期可行权比例未达到 100%，其中，8 名激励对象可 行权比例为 0%，合计持有归属于第一个行权期的 75.60 万份股票期权将被注销 ...

Group 1 - Apple-related stocks showed significant activity in the afternoon trading session on September 11, with Pengding Holdings hitting the daily limit up [1] - Luxshare Precision increased by over 8%, indicating strong investor interest [1] - Other companies such as Lingyi iTech, Changying Precision, and Huaxin Electronics also experienced upward movement in their stock prices [1]