Core Viewpoint - A number of companies, including Jintian Co., Beiwai Technology, Dongfang Precision, and others, experienced a 10% limit-up in stock prices, indicating strong market performance and investor interest [1]. Group 1: Company Performance - Jintian Co. (601609) saw a price increase of 10.06% with a total market capitalization of 14 billion and a year-to-date increase of 62.03% [2]. - Beiwai Technology (002148) increased by 10.04%, with a market cap of 7.043 billion and a year-to-date increase of 91.18% [2]. - Dongfang Precision (002611) rose by 10.03%, holding a market cap of 23.1 billion and a year-to-date increase of 96.72% [2]. - Weike Technology (301196) experienced a 10.02% increase, with a market cap of 12.4 billion and a year-to-date increase of 202.82% [2]. - Changlan Technology (002879) increased by 10.01%, with a market cap of 3.544 billion and a year-to-date increase of 23.59% [2]. - Bowei Alloy (601137) rose by 10.01%, with a market cap of 19.8 billion and a year-to-date increase of 23.72% [2]. - Bojie Co. (002975) saw a 10% increase, with a market cap of 7.672 billion and a year-to-date increase of 59.53% [2]. - Hongya CNC (002833) increased by 10%, with a market cap of 8.306 billion and a year-to-date increase of 19.19% [2]. - Zhongjian Technology (002779) rose by 10%, with a market cap of 19.5 billion and a year-to-date increase of 117.24% [2]. - Ningbo Yunsheng (600366) increased by 9.99%, with a market cap of 17.3 billion and a year-to-date increase of 114.73% [2]. - Rongtai Health (603579) rose by 9.99%, with a market cap of 7.674 billion and a year-to-date increase of 202.92% [2]. - Inner Mongolia First Machinery (600967) saw a 9.98% increase, with a market cap of 49.1 billion and a year-to-date increase of 240.85% [2]. - Xiangxin Technology (002965) increased by 9.98%, with a market cap of 12.2 billion and a year-to-date increase of 75.85% [2]. - Dongjie Intelligent (300486) rose by 9.85%, with a market cap of 8.034 billion and a year-to-date increase of 160.96% [2]. - Anfu Technology (603031) increased by 9.76%, with a market cap of 6.883 billion and a year-to-date increase of 15.05% [2]. - Furi Electronics (600203) rose by 9.63%, with a market cap of 11.3 billion and a year-to-date increase of 112.56% [2]. - Shenghong Technology (300476) saw a 9.32% increase, with a market cap of 204.5 billion and a year-to-date increase of 465.60% [2].

Group 1 - The stock price of Xiangxin Technology is reported at 41.69 yuan, down by 1.20 yuan or 2.80% from the previous trading day [1] - The stock reached a high of 43.23 yuan and a low of 41.42 yuan during the trading session, with a trading volume of 234,187 hands and a transaction amount of 983 million yuan [1] - Xiangxin Technology is primarily engaged in the research, development, production, and sales of precision stamping molds and metal structural components, with applications in the automotive, communication equipment, and electronic appliances sectors [1] Group 2 - The company is classified under the general equipment manufacturing industry and is registered in Guangdong Province [1] - In response to investor inquiries, the company stated that it has not yet laid out plans for harmonic magnetic field motor technology but will continue to monitor its development trends [1] - The company also mentioned that it has no plans to participate in the World Robot Conference and cannot disclose specific customer information due to confidentiality requirements [1] Group 3 - Data shows that on August 12, the net outflow of main funds from Xiangxin Technology was 87.1668 million yuan, accounting for 1.05% of the circulating market value [1] - Over the past five days, the cumulative net outflow of main funds reached 118.7639 million yuan, representing 1.43% of the circulating market value [1]

Group 1 - The company has not yet laid out plans for the development of harmonic magnetic field motor technology [1] - The company will continue to monitor the development trends and market conditions of this technology [1] - The company aims to explore new fields and new businesses [1]

祥鑫科技（002965.SZ）8月12日在投资者互动平台表示，公司暂无计划参加该展会。基于保密要求，客 户具体情况不便透露。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：贵公司是否参加世界机器人大会呢？并在大会上展示 贵公司机器人相关技术。或是合作伙伴参会。 ...

Investment Rating - The industry investment rating is Neutral [8] Core Insights - AI liquid cooling is transitioning from an optional to a necessary solution, with demand expected to drive rapid growth in market space and penetration rates [8] - The acceleration of ASIC layouts and the increase in domestic computing cluster scale will open new growth opportunities for the liquid cooling market [8] - The overseas supply gap in liquid cooling will provide opportunities for domestic suppliers to expand internationally, with expectations of moving from component supply to modular and integrated solutions [8] - The AI liquid cooling sector has high barriers to entry and significant value, suggesting a favorable competitive landscape and profitability in the medium to long term [8] Summary by Sections Liquid Cooling Market Dynamics - The demand for AI computing centers is driving the need for high-density GPU clusters, leading to a shift towards liquid cooling solutions [8] - Major cloud service providers are accelerating the development of customized ASICs and integrating liquid cooling solutions [8] Investment Recommendations - Suggested companies to watch include: - Yinvik (002837, Not Rated) - Yinlun (002126, Buy) - Feilong (002536, Not Rated) - Chuanhuan Technology (300547, Not Rated) - Xiangxin Technology (002965, Not Rated) - Sulian Technology (301397, Not Rated) - Zhongding (000887, Not Rated) [3]

证券代码：002965 证券简称：祥鑫科技 公告编号：2025-043 祥鑫科技股份有限公司 关于公司控股股东、实际控制人权益变动触及 1%整数倍的公告 本公司控股股东、实际控制人陈荣先生、谢祥娃女士保证向本公司提供的信息内容真 实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 变动后，陈荣先生、谢祥娃女士直接持有公司股份 83,948,783 股，占公司总股本的 31.63%，权益变动触及 1%的整数倍。现将具体情况公告如下： 一、本次权益变动情况 | 1．基本情况 | | | | | | --- | --- | --- | --- | --- | | 信息披露义务人 陈荣、谢祥娃 | | | | | | 住所 | 广东省东莞市长安镇 | | | | | 权益变动时间 2025 年 | 08 月 | 06 日至 2025 | 年 08 月 07 日 | | | | 通过集中竞价交易方式累计减持公司股份 | | | 2,539,717 股、通 | | 权益变动过程 | 过大宗交易方式累计减持公司股份 | | 460,200 | 股，累计权益变 | | 动比例为 | 1.13%。 | | | | | 股票简 ...

Core Viewpoint - Xiangxin Technology has enhanced its technological layout in the liquid cooling field by obtaining a patent for a modular liquid cooling heat exchange component, which allows for flexible assembly and improved heat exchange efficiency [1][2] Group 1: Patent and Technology Development - The newly acquired patent for a "modular liquid cooling heat exchange component" includes heat exchange modules, intermediate modules, and end modules, enabling flexible assembly based on actual needs [1] - The modular design allows adjustments in the area, size, and number of heat exchange channels, thereby improving heat exchange efficiency for various applications [1] Group 2: Existing Technologies and Applications - Xiangxin Technology has previously made several advancements in the liquid cooling sector, including the release of a direct refrigerant cooling technology at the end of 2024 [1] - The direct refrigerant cooling technology has broad application potential in cooling systems for electric vehicle power batteries, motor control systems, energy storage batteries, computing servers, and low-altitude unmanned aerial vehicles [1] Group 3: Competitive Advantages - Compared to other liquid cooling solutions, Xiangxin's direct refrigerant cooling solution has a significantly higher heat transfer coefficient, outperforming traditional liquid cooling solutions by 1-2 orders of magnitude under the same temperature and model conditions [2] - The simpler structure of the direct cooling system helps reduce costs and the number of components, which also lowers maintenance risks and costs [2] Group 4: Market Potential - The direct refrigerant cooling technology is expected to bring disruptive changes to the market, particularly in the electric vehicle sector, due to its strong advantages [2]

8月8日，祥鑫科技大宗交易成交5.2万股，成交额203.06万元，占当日总成交额的0.17%，成交价39.05元，较市场收盘价 42.93元折价9.04%。 | 交易日期 | 证券代码 | 证券简称 | 成交价格 (元) | 成交星 (万股/万份) | 成交全额 (万元) | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-08-08 | 002965 | 祥鑫科技 | 39.05 | 5.20 | 203.06 | 机构专用 | 国信证券股份有限 | | | | | | | | | 公司东莞虎门体育 | | | | | | | | | 路证券营业部 | ...

Group 1: Company Performance - SMIC reported Q2 revenue of $2.21 billion, a 16% year-over-year increase, but a 1.7% decrease quarter-over-quarter [1] - China Mobile achieved a net profit of 84.2 billion yuan in the first half of 2025, a 5% year-over-year increase, with a mid-term dividend of 2.75 HKD per share, up 5.8% [2] - Huahong Semiconductor's Q2 revenue was $566.1 million, an 18.3% year-over-year increase, with Q3 revenue guidance of $620 million to $640 million [3] Group 2: Business Operations and Developments - Chuangzhong Technology clarified that it does not engage in the production of liquid-cooled servers, only participating in testing platforms, with no revenue generated from this segment in H1 2025 [4] - Shuo Beid announced it has sent samples of liquid-cooled server plates to Taiwanese clients, but the ability to pass testing and achieve mass production remains uncertain [5] - Furi Electronics stated that its subsidiary provides JDM/OEM services for service robots, but this revenue accounts for less than 1% of the company's total revenue [6] Group 3: Industry Trends and Market Movements - Sales of new energy vehicles by Seres reached 44,581 units in July, reflecting a 5.7% year-over-year increase [7] - Longyuan Power completed a power generation of 6,328.76 MWh in July, marking a 2.44% year-over-year growth [8] - Jianglong Shipbuilding won a bid for the "Blue Granary" marine economic development project, indicating ongoing infrastructure investments [8]

Core Viewpoint - A total of 19 A-share listed companies have disclosed share reduction plans, with no companies announcing share increases on the same day [1]. Group 1: Share Reduction Details - Weilon Co., Ltd. plans to reduce no more than 0.7664% of its shares by the controlling shareholder's concerted action [2]. - Gongchuang Turf's shareholders plan to reduce no more than 0.80% of the total shares [2]. - Yujing Co., Ltd. will see a reduction of 1.12% of shares by its controlling shareholder and actual controller Yang Yuhong [2]. - Xiangxin Technology's controlling shareholder and actual controller will reduce 801,300 shares [2]. - Hengji Daxin's controlling shareholder Zhuhai Shiyou intends to reduce no more than 3% of the company's shares [2]. - Hengli Hydraulic's shareholder Shennuo Technology plans to reduce no more than 3% of the company's shares [2]. - Cangzhou Mingzhu's shareholder Junyue Rixin 17 plans to reduce no more than 1.00% of the company's shares [2]. - Tongfu Microelectronics' major fund reduced 13.1424 million shares, bringing its holding ratio down to 6.91% [2]. - Xianheng International's shareholder Goldman Sachs Asia Strategic plans to reduce no more than 12.3 million shares, accounting for no more than 3% [2]. - Hongsheng Co., Ltd.'s shareholder Changzhou Zhongke plans to reduce no more than 2.8594% of the company's shares [2]. - Dongfang Guoxin's controlling shareholder reduced 1.63% of the company's shares on August 6 [2]. - Linuo Pharmaceutical's shareholder plans to reduce no more than 3% of the company's shares [2]. - Yinlun Co., Ltd.'s directors and executives plan to reduce no more than 964,000 shares [2]. - Sanwei Xinan's Zhongwang Investment plans to reduce no more than 1% of the company's shares [2]. - Xue Neng Technology's shareholder Shanghang Xingyuan plans to reduce no more than 1.9832% of the company's shares [2]. - Zhongyan Co., Ltd.'s shareholder Wang Xiuyun plans to reduce no more than 1% of the company's shares [2]. - Zhongyou Technology's director Zhang Zhanguan plans to reduce no more than 0.0009% of the company's shares [2]. - Ruifeng Bank's Antu Automobile plans to reduce no more than 1.20% of the company's shares [2]. - Aili Home's directors and senior management plan to reduce no more than 0.108% of the company's shares [2].