Group 1 - Liquid cooling server concept stocks experienced a significant surge, with Invech hitting the daily limit and reaching a new historical high [1] - Other companies such as Shenling Environment, Kehua Data, and Keda rose over 5%, indicating strong market interest [1] - Additional stocks including Liou Shares, Feilong Shares, Gaolan Shares, and Feirongda also saw upward movement, reflecting a broader trend in the sector [1]

格隆汇8月27日｜A股液冷服务器概念股盘中再度拉升，其中，英维克涨停续创历史新高，科华数据涨 超7%，申菱环境、科士达涨超5%，利欧股份、飞龙股份、高澜股份、飞荣达等跟涨。 MACD金叉信号形成，这些股涨势不错！ ...

Core Viewpoint - The mechanical sector of CITIC rose by 13.74% in August, outperforming the CSI 300 index by 4.08 percentage points, ranking 5th among 30 CITIC primary industries [1][2] Summary by Category Performance Overview - As of August 25, 2025, the CITIC mechanical sector increased by 13.74%, while the CSI 300 index rose by 9.66% [1][2] - All three sub-industries showed positive growth, with boiler equipment, photovoltaic equipment, and service robots leading the gains at 50.62%, 26.34%, and 20.4% respectively [1][2] Industry Insights and Investment Recommendations - The market exhibited a strong upward trend in August, indicating a bullish sentiment, particularly in the technology-driven growth themes within the mechanical sector [3] - The company recommends focusing on domestic demand-driven sectors with stable fundamentals, high profitability, and attractive dividend yields, specifically in engineering machinery, high-speed rail equipment, and mining metallurgy equipment [3] - Suggested stocks include leading companies such as SANY Heavy Industry, Thinking Control, CITIC Heavy Industries, and Zhongchuang Zhiling [3] - The report also highlights potential recovery in previously adjusted themes like humanoid robots, AIDC supporting equipment, and semiconductor equipment [3]

证券代码：002837 证券简称：英维克 公告编号：2025-049 深圳市英维克科技股份有限公司 关于 2022 年股票期权激励计划第三个行权期采用自主行 权模式的提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 1、本次行权的股票期权代码：037273，期权简称：英维 JLC1。 2、公司《2022 年股票期权激励计划（草案）》（以下简称"《2022 年激励计划》" 或"本次激励计划"）第三个行权期符合行权条件可行权的激励对象为 226 名，合计 可行权期权数量为 860.9400 万份（调整后），行权价格为 6.323 元/股（调整后）。 3、根据业务办理的实际情况，本次实际可行权期限为 2025 年 8 月 27 日至 2026 年 7 月 21 日期间的交易日。截至本公告披露日，中国证券登记结算有限责任公司深圳 分公司的手续已办理完成。 4、本次行权采用自主行权模式。 5、本次可行权股票期权若全部行权，公司股份仍具备上市条件。 深圳市英维克科技股份有限公司（以下简称"公司"）公司于 2025 年 8 月 18 日 召开第四届董事 ...

Core Viewpoint - The company has announced the completion of the third exercise period of its 2022 stock option incentive plan, allowing 226 eligible participants to exercise a total of 8,609,400 stock options at an adjusted exercise price of 6.323 yuan per share [1][19][22]. Summary by Sections Incentive Plan Overview - The stock options are sourced from the company's directed issuance of A-share common stock to the incentive participants, totaling 262 individuals, including core management and technical personnel [2][3]. - The total number of stock options granted under this incentive plan is 10,829,500, with an initial exercise price of 14.68 yuan per share, later adjusted to 11.146 yuan and then to 8.420 yuan [9][19]. Exercise Conditions and Performance Targets - The performance assessment for the exercise of stock options is based on net profit growth rates, with specific targets set for the years 2022 to 2024, requiring a minimum growth of 15%, 32%, and 52% respectively [5][14]. - As of the announcement date, the company achieved a net profit of 490.4392 million yuan for 2024, reflecting a 139.18% increase compared to 2021, thus meeting the exercise conditions for the third period [14][15]. Exercise Period and Procedures - The third exercise period allows for the exercise of options from the first trading day after 36 months from the grant date until the last trading day within 48 months [11][21]. - The company has completed the necessary registration and declaration procedures with the Shenzhen Securities Registration and Clearing Company for the exercise of options [2][19]. Impact on Company Structure - If all options are exercised, the company's total share capital will increase by 8,609,400 shares, resulting in a new total of 977,934,002 shares [22]. - The exercise of these options is not expected to significantly impact the company's equity structure or the control of major shareholders [22]. Financial Management and Taxation - Funds raised from the exercise will be used to supplement the company's working capital, and the individual income tax obligations will be borne by the incentive participants [23].

（文章来源：证券日报） 证券日报网讯英维克8月26日在互动平台回答投资者提问时表示，公司不断根据营收规模增长有序扩大 产能。目前公司整体的产能并未成为瓶颈。 ...

Core Viewpoint - The company reported strong revenue growth and stable profit margins in its 2025 H1 financial results, indicating resilience in its core business and potential for future growth in overseas markets [1][2][4]. Financial Performance - In 2025 H1, the company achieved revenue of 2.57 billion yuan, a year-on-year increase of 50.3%, and a net profit attributable to shareholders of 216 million yuan, up 17.5% year-on-year [1][2]. - For Q2 2025, the company recorded revenue of 1.64 billion yuan, representing a 69.7% year-on-year growth, with a net profit of 168 million yuan, which is a 38.0% increase year-on-year [2]. Product Performance - The revenue from data center temperature control products reached 1.35 billion yuan in 2025 H1, growing by 57.9%, while outdoor cabinet temperature control products generated 930 million yuan, up 32.0% [3]. - The revenue from energy storage temperature control products was 800 million yuan, reflecting a 35% year-on-year growth, indicating strong performance despite trade policy impacts [3]. Inventory and Contract Liabilities - As of the end of 2025 H1, the company's inventory reached 1.24 billion yuan, a 79% year-on-year increase, driven by unverified project shipments and increased contract performance costs [3]. - Contract liabilities amounted to 400 million yuan, up 109% year-on-year, indicating a rise in customer prepayments [3]. Competitive Advantage - The company possesses a rare full-chain capability in liquid cooling products, covering everything from manufacturing to service delivery, which is seen as a significant competitive advantage for expanding overseas [4]. - The systematic approach and comprehensive planning in liquid cooling business are expected to facilitate the company's entry into international markets [4]. Investment Outlook - The company is in a critical phase of revenue momentum transition, with strong resilience in its main business and leading progress in overseas markets [4]. - Projected net profits for 2025-2027 are estimated at 620 million yuan, 1.05 billion yuan, and 1.53 billion yuan, with corresponding year-on-year growth rates of 37%, 69%, and 47% [4].

Group 1 - The core viewpoint of the article highlights the active performance of big data concept stocks in the secondary market, with an average increase of 18.2% since August [1] - Five stocks have seen cumulative increases exceeding 50%, specifically Huasheng Tiancheng, Jishi Media, Yingweike, Kexin Information, and Zhongke Jincai [1] - In terms of capital flow, 21 big data concept stocks have recorded a net financing buy-in of over 100 million yuan since August, with Yingweike, Inspur Information, Tonghuashun, Huasheng Tiancheng, and Kehua Data leading in net buy-in amounts [1] Group 2 - Among the 21 stocks with significant financing, Jishi Media has the lowest price-to-book ratio at only 1.63 times [1] - The average daily trading volume of these stocks has increased compared to the previous month, with 11 stocks experiencing a doubling in daily trading volume [1] - Jishi Media leads with an average daily trading volume of 2.226 billion yuan since August, showing a remarkable increase of 637.41% [1]

丨证券研究报告丨 公司研究丨点评报告丨英维克（002837.SZ） [Table_Title] 英维克 2025 半年报点评： 电子散热增势已现，存货和合同负债表现亮眼 报告要点 [Table_Summary] 2025H1，公司收入表现略超预期，净利润符合预期，毛利率主受产品和区域销售组合影响。拆 分收入看，数据中心延续快速增长，储能温控增长超预期，在受贸易政策影响的情况下韧性彰 显；此外，电子散热增长曲线已开始兑现。截至 25H1 末，公司存货和合同负债表现亮眼，反 映在手订单依旧充足，预计后续仍将有不错的确收表现。公司今明年处在关键的收入动能转换 阶段，主营业务韧性彰显，海外业务进展领先。公司的液冷全链条能力在全球范围内都具备稀 缺性，或将成为公司海外业务拓展的重要敲门砖，我们坚定看好公司海外突破及持续增长。 分析师及联系人 [Table_Author] 于海宁 温筱婷 SAC：S0490517110002 SAC：S0490524100002 SFC：BUX641 请阅读最后评级说明和重要声明 %% %% %% %% research.95579.com 1 英维克（002837.SZ） cjzqdt ...

金融界消息 截至2025年8月25日收盘，英维克（002837）报收于68.1元，上涨3.72%，换手率12.95%， 成交量109.10万手，成交金额73.42亿元。 资金流向方面，今日主力资金净流入3693.57万元，占比成交额0.5%。其中，超大单净流入2.80亿元、 占成交额3.81%，大单净流出24314.69万元、占成交额3.31%，中单净流出流出10073.23万元、占成交额 1.37%，小单净流入6379.66万元、占成交额0.87%。 通过天眼查大数据分析，深圳市英维克科技股份有限公司共对外投资了18家企业，参与招投标项目858 次，知识产权方面有商标信息145条，专利信息1398条，此外企业还拥有行政许可22个。 来源：金融界 英维克最新一期业绩显示，截至2025中报，公司营业总收入25.73亿元、同比增长50.25%，归属净利润 2.16亿元，同比增长17.54%，扣非净利润2.02亿元，同比增长18.05%，流动比率1.658、速动比率 1.282、资产负债率56.11%。 天眼查商业履历信息显示，深圳市英维克科技股份有限公司，成立于2005年，位于深圳市，是一家以从 事计算机、通信和 ...