Group 1: Liquidity and Performance of Rare Earth ETF - The liquidity of the Rare Earth ETF managed by Jiashi has a turnover rate of 2.2% with a transaction volume of 106 million yuan [2] - Over the past week, the average daily transaction volume reached 371 million yuan, ranking first among comparable funds [2] - The fund's scale increased by 290 million yuan in the past week, also ranking first among comparable funds [2] - The latest share count for the Rare Earth ETF reached 3.351 billion shares, marking a one-year high and ranking first among comparable funds [2] - The latest net inflow of funds into the Rare Earth ETF was 58.08 million yuan, with a total of 344 million yuan net inflow over the last five trading days [2] - As of August 12, the net value of the Rare Earth ETF has increased by 76.79% over the past year, ranking 124th out of 2954 index equity funds, placing it in the top 4.20% [2] - The fund has recorded a maximum monthly return of 41.25% since its inception, with the longest consecutive monthly gains being four months and a maximum cumulative increase of 83.89% [2] Group 2: Market Outlook and Recommendations - Xiangcai Securities suggests focusing on upstream rare earth resource companies due to improved supply-demand dynamics, driven by expectations of supply contraction and increased demand from relaxed export controls [3] - Everbright Securities anticipates that the domestic market will continue to perform strongly due to the accumulation of favorable internal and external factors [3] - Huazhong Securities recommends investors to focus on high-growth technology sectors and performance-supported industries, including AI, robotics, military industry, rare earth permanent magnets, precious metals, construction machinery, motorcycles, and agricultural chemicals [3] Group 3: Top Holdings in Rare Earth Industry - The top ten weighted stocks in the Zhongzheng Rare Earth Industry Index include Northern Rare Earth, China Rare Earth, China Aluminum, Shenghe Resources, Wolong Electric Drive, China Aluminum, Lingyi Technology, Greeley, Xiamen Tungsten, and Goldwind Technology, collectively accounting for 59.32% of the index [2]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002600 证券简称：领益智造 公告编号：2025-108 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 关于为子公司提供担保的进展公告 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。 一、担保情况概述 广东领益智造股份有限公司（以下简称"公司"或"领益智造"）分别于2024年12月6日和2024年12月23日 召开第六届董事会第九次会议和2024年第五次临时股东大会，审议通过了《关于公司及子公司2025年度 担保事项的议案》。为保证公司及其子公司的正常生产经营活动，2025年度公司（含控股子公司）拟为 公司及子公司的融资或其他履约义务提供担保，预计担保总额度合计不超过人民币3,500,000万元。在上 述担保额度内，公司管理层可根据实际经营情况对公司（含控股子公司）对子公司、子公司对公司之间 的担保额度进行调配，亦可对新成立的子公司分配担保额度。具体内容详见公司于2024年12月7日在巨 潮资讯网（www.cninfo.com.cn）上披露的《关于公司及子公司2025年度担 ...

证券日报网讯 8月12日晚间，领益智造发布公告称，截至本公告披露日，公司及控股子公司无逾期对外 担保，也无涉及诉讼的对外担保及因担保被判决败诉而应承担损失的情形。 （文章来源：证券日报） ...

广东领益智造股份有限公司（以下简称"公司"或"领益智造"）分别于 2024 年 12 月 6 日和 2024 年 12 月 23 日召开第六届董事会第九次会议和 2024 年第五次 临时股东大会，审议通过了《关于公司及子公司 2025 年度担保事项的议案》。 为保证公司及其子公司的正常生产经营活动，2025 年度公司（含控股子公司）拟 为公司及子公司的融资或其他履约义务提供担保，预计担保总额度合计不超过人 民币 3,500,000 万元。在上述担保额度内，公司管理层可根据实际经营情况对公 司（含控股子公司）对子公司、子公司对公司之间的担保额度进行调配，亦可对 新成立的子公司分配担保额度。具体内容详见公司于 2024 年 12 月 7 日在巨潮资 讯网（www.cninfo.com.cn）上披露的《关于公司及子公司 2025 年度担保事项的 公告》。 二、担保进展情况 | 证券代码：002600 | 证券简称：领益智造 | 公告编号：2025-108 | | --- | --- | --- | | 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 关于为子公司提供担保的进展公告 ...

Investment Rating - The report maintains a "Positive" investment rating for the electronic industry in China, indicating an expectation of returns exceeding the market benchmark by over 5% [4][12]. Core Insights - The liquid cooling industry is transitioning from an optional solution to a core necessity for AI infrastructure, with market space expected to experience exponential growth. The power consumption of AI clusters has entered the 100kW+ era, necessitating liquid cooling solutions as traditional air cooling systems become inadequate [7]. - The demand for liquid cooling is driven by the rapid growth in AI computing power, with major companies like Meta, Google, and AWS accelerating their deployment of liquid cooling solutions. This trend is expected to extend from servers to network devices [7]. - Domestic manufacturers are poised to capitalize on overseas supply chain opportunities due to their product quality, R&D efficiency, and cost advantages, especially as the industry shifts towards higher power density requirements [7]. Summary by Sections Investment Recommendations and Targets - The report highlights the potential of liquid cooling as a critical component for AI infrastructure, with expectations for sustained order and performance growth. Key companies to watch include Lingyi iTech (002600, Buy), BYD Electronics (00285, Not Rated), Zhongshi Technology (300684, Buy), and Siquan New Materials (301489, Not Rated) [2]. Industry Trends - The liquid cooling sector is transitioning to a demand-driven phase, with significant order growth observed in leading companies. For instance, Vertiv reported a 15% year-over-year increase in orders for Q2 2025, reflecting strong market demand [7]. - The report emphasizes that the liquid cooling market is moving towards a performance-driven stage, with expectations for more companies in the liquid cooling supply chain to see order and performance releases [7].

登录新浪财经APP 搜索【信披】查看更多考评等级 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。 一、可转换公司债券配售情况 广东领益智造股份有限公司董事会 经中国证券监督管理委员会出具的《关于同意广东领益智造股份有限公司向不特定对象发行可转换公司 债券注册的批复》（证监许可〔2024〕1452号）核准，并经深圳证券交易所同意，广东领益智造股份有 限公司（以下简称"公司"）向不特定对象发行可转债21,374,181张，每张面值为人民币100元，募集资金 总额不超过人民币213,741.81万元（含本数）。其中，公司控股股东领胜投资（江苏）有限公司（以下 简称"领胜投资"）获配数量为12,621,409张，公司实际控制人曾芳勤女士获配数量为440,693张，合计获 配数量为13,062,102张，约占本次发行总量的61.11%。 二〇二五年八月十一日 二、本次控股股东持有公司可转换公司债券比例变动情况 ■ 注：合计数与各分项数之和尾数不符系四舍五入原因造成。 特此公告。 根据《深圳证券交易所上市公司自律监管指引第15号一一可转换公司债券》等有关规定，持有公司已发 ...

| 证券代码：002600 | 证券简称：领益智造 公告编号：2025-107 | | --- | --- | | 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 二、本次控股股东持有公司可转换公司债券比例变动情况 根据《深圳证券交易所上市公司自律监管指引第 15 号——可转换公司债券》 等有关规定，持有公司已发行的可转换公司债券 20%及以上的投资者所持有公 司可转换公司债券比例变动的情况具体如下： 公司于近日收到公司控股股东领胜投资的告知函，领胜投资于 2025 年 8 月 5 日和 8 月 11 日通过大宗交易方式转让公司可转换公司债券合计 1,981,000 张， 占发行总量的 9.27%；截至目前，领胜投资累计转让公司可转换公司债券合计 6,800,000 张，占发行总量的 31.81%。公司控股股东领胜投资、实际控制人曾芳 勤女士持有公司可转换公司债券比例变动的具体情况如下： 1 / 2 | 持有人 | 本次变动前 | | 本次变动情况 | | 本次变动后 | | | --- | --- | --- | --- | --- | --- | --- | | | 持有数量 ...

Group 1 - The AI PC concept index rose by 3.11%, ranking fourth among concept sectors, with 36 stocks increasing in value [1][2] - Leading stocks in the AI PC sector included CloudWalk Technology, Sifang New Materials, and Zhili Fang, which rose by 8.82%, 8.64%, and 7.01% respectively [1][2] - The sector experienced a net inflow of 1.386 billion yuan, with 24 stocks receiving net inflows, and five stocks exceeding 100 million yuan in net inflow [2][3] Group 2 - The top net inflow stock was Shenghong Technology, with a net inflow of 663 million yuan, followed by Lingyi Technology, Pengding Holdings, and Tongfu Microelectronics with net inflows of 200 million yuan, 138 million yuan, and 128 million yuan respectively [2][3] - The highest net inflow ratios were seen in Bomin Electronics, Tongfu Microelectronics, and Lingyi Technology, with rates of 11.67%, 10.52%, and 9.63% respectively [3][4] - Stocks with significant increases included Sifang New Materials and CloudWalk Technology, which had respective increases of 8.64% and 8.82% [4][5]

证券代码：002600 证券简称：领益智造 公告编号：2025-106 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 本次交易尚需取得中国证券监督管理委员会同意注册的批复，最终能否取得 中国证券监督管理委员会同意注册的批复及最终取得时间仍存在不确定性。公司 将根据该事项的进展情况，按照有关法律法规的规定和要求及时履行信息披露义 务，敬请广大投资者注意投资风险。 特此公告。 广东领益智造股份有限公司董事会 二〇二五年八月十日 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"）拟通过发行可转换公司债 券及支付现金的方式向常州优融、上海迈环、万里扬管理、芜湖华安、常州青枫、 常州星远、常州超领、江苏信保等 8 名交易对方购买其合计持有的江苏科达 66.46% 股权，并拟向不超过 35 名特定对象发行股份募集配套资金。 深圳证券交易所并购重组审核委员会于 2025 年 8 月 8 日召开 2025 年第 8 次 并购重组审核委员会审议会议，对公司本次交易的申请进行了审议。根据深圳证 券交易所并购重组审核 ...

Group 1 - The core point of the article is that Lingyi Zhi Zao (002600) has received approval from the Shenzhen Stock Exchange's M&A Review Committee for its plan to issue convertible bonds and pay cash to acquire a 66.46% stake in Jiangsu Keda from eight trading parties [1] - The company plans to issue shares to no more than 35 specific investors to raise matching funds for the acquisition [1] - The review meeting of the M&A Review Committee took place on August 8, 2025, and concluded that the transaction meets the restructuring conditions and information disclosure requirements [1] Group 2 - The transaction is still subject to approval from the China Securities Regulatory Commission (CSRC), and there is uncertainty regarding whether the approval will be granted and the timeline for obtaining it [1] - As of the close on August 8, Lingyi Zhi Zao's stock price was 9.48 yuan per share, with a total market capitalization of 66.44 billion yuan [1]