Core Viewpoint - Bojie Co., Ltd. has experienced a significant stock price increase of 94.83% year-to-date, but has recently faced a decline in the short term, with a drop of 4.43% over the last five trading days and 7.50% over the last twenty days [1][2] Company Overview - Bojie Co., Ltd. is located in Zhuhai, Guangdong Province, established on May 30, 2005, and listed on February 5, 2020. The company specializes in the research, production, sales, and related technical services of industrial automation equipment and components [1] - The main revenue composition of the company includes: 83.72% from industrial automation equipment, 8.27% from equipment components, and 8.00% from technical services [1] Financial Performance - For the first half of 2025, Bojie Co., Ltd. achieved an operating income of 672 million yuan, representing a year-on-year growth of 17.48%. The net profit attributable to the parent company was 20.19 million yuan, with a year-on-year increase of 11.55% [2] - Since its A-share listing, the company has distributed a total of 221 million yuan in dividends, with 2.00491 million yuan distributed in the last three years [3] Shareholder Information - As of September 19, 2025, the number of shareholders of Bojie Co., Ltd. was 28,500, an increase of 20.11% from the previous period. The average circulating shares per person decreased by 16.74% to 3,708 shares [2] - The top ten circulating shareholders include the Huaxia CSI Robot ETF, which is the ninth largest shareholder with 2.1323 million shares, marking it as a new shareholder [3] Market Activity - On October 9, 2023, Bojie Co., Ltd. saw a stock price drop of 2.02%, trading at 59.10 yuan per share with a total transaction volume of 183 million yuan and a turnover rate of 2.88%. The total market capitalization stood at 9.474 billion yuan [1] - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent appearance on September 19, where it recorded a net buy of -61.3071 million yuan [1]

Core Viewpoint - Bojie Co., Ltd. has experienced a significant stock price increase of 95.29% year-to-date, despite a recent decline of 2.00% on September 30, 2023, indicating volatility in the stock performance [1][2]. Financial Performance - For the first half of 2025, Bojie Co., Ltd. achieved a revenue of 672 million yuan, representing a year-on-year growth of 17.48%, while the net profit attributable to shareholders was 20.19 million yuan, up by 11.55% [2]. - The company has distributed a total of 221 million yuan in dividends since its A-share listing, with 2 million yuan distributed over the past three years [3]. Stock Market Activity - As of September 30, 2023, Bojie Co., Ltd. had a market capitalization of 9.496 billion yuan, with a trading volume of 1.03 billion yuan and a turnover rate of 1.61% [1]. - The stock has appeared on the "Dragon and Tiger List" three times this year, with the most recent instance on September 19, 2023, where it recorded a net buy of -61.31 million yuan [1]. Shareholder Information - As of September 19, 2023, the number of shareholders increased by 20.11% to 28,500, with an average of 3,708 circulating shares per person, a decrease of 16.74% [2]. - Among the top ten circulating shareholders, Huaxia CSI Robot ETF is the ninth largest, holding 2.1323 million shares as a new shareholder [3]. Business Overview - Bojie Co., Ltd. specializes in the research, production, and sales of industrial automation equipment and related technical services, with its main business revenue composition being 83.72% from industrial automation equipment, 8.27% from equipment accessories, and 8.00% from technical services [1].

Core Viewpoint - The company, Bojie Co., Ltd. (002975.SZ), is making strides in the humanoid robot sector by developing camera and force sensor detection technologies tailored for humanoid robots, marking its entry into the humanoid robot testing segment [1] Group 1 - The company has announced its focus on humanoid robots, specifically in the areas of electronic eyes for observation and electronic skin for tactile sensing [1] - The development of compatible camera and force sensor technologies is aimed at fulfilling the needs of humanoid robots [1] - This initiative represents a significant breakthrough for the company in the humanoid robot testing market [1]

Company Overview - Bojie Co., Ltd. is located in Xiangzhou District, Zhuhai City, Guangdong Province, established on May 30, 2005, and listed on February 5, 2020. The company specializes in the research, production, sales, and related technical services of industrial automation equipment and accessories [1][2]. Financial Performance - For the first half of 2025, Bojie achieved operating revenue of 672 million yuan, representing a year-on-year growth of 17.48%. The net profit attributable to the parent company was 20.19 million yuan, an increase of 11.55% year-on-year [2]. - Since its A-share listing, Bojie has distributed a total of 221 million yuan in dividends, with 2.00491 million yuan distributed over the past three years [3]. Stock Performance - As of September 25, Bojie’s stock price increased by 2.20%, reaching 63.20 yuan per share, with a total market capitalization of 10.131 billion yuan. The stock has risen by 108.35% year-to-date, but has seen a decline of 9.43% over the last five trading days [1]. - The stock has appeared on the "Dragon and Tiger List" three times this year, with the most recent appearance on September 19, where it recorded a net buy of -61.3071 million yuan [1]. Shareholder Information - As of September 10, the number of shareholders for Bojie was 23,800, an increase of 11.68% from the previous period. The average circulating shares per person decreased by 10.46% to 4,454 shares [2]. - Among the top ten circulating shareholders, Huaxia CSI Robot ETF (562500) is the ninth largest shareholder, holding 2.1323 million shares as a new shareholder [3]. Industry Classification - Bojie is classified under the Shenwan industry as part of the machinery and equipment sector, specifically in automation equipment and industrial control devices. The company is associated with concepts such as Tesla, Apple supply chain, PCB concepts, and humanoid robots [2].

Group 1 - The core viewpoint of the news is that Bojie Co., Ltd. has shown significant stock performance with a year-to-date increase of 104.89% and a recent decline of 2.03% over the last five trading days [1] - As of September 24, Bojie Co., Ltd. has a market capitalization of 9.963 billion yuan and a trading volume of 269 million yuan, with a turnover rate of 4.16% [1] - The company has been actively traded, appearing on the "Dragon and Tiger List" three times this year, with the latest appearance on September 19, where it recorded a net buy of -61.3071 million yuan [1] Group 2 - Bojie Co., Ltd. operates in the mechanical equipment sector, specifically in automation equipment and industrial control devices, and is associated with major concepts such as Tesla and Apple supply chains [2] - For the first half of 2025, Bojie Co., Ltd. reported a revenue of 672 million yuan, reflecting a year-on-year growth of 17.48%, and a net profit attributable to shareholders of 20.1921 million yuan, up 11.55% [2] - The company has distributed a total of 221 million yuan in dividends since its A-share listing, with 2.00491 million yuan distributed in the last three years [3]

Group 1 - The core point of the news is that Bojie Co., Ltd. experienced a 5.1% drop in stock price, closing at 60.64 CNY per share, with a trading volume of 408 million CNY and a turnover rate of 6.13%, resulting in a total market capitalization of 9.721 billion CNY [1] - Bojie Co., Ltd. is located in Zhuhai, Guangdong Province, and was established on May 30, 2005, with its listing date on February 5, 2020. The company's main business involves the research, development, production, sales, and related technical services of industrial automation equipment and accessories [1] - The revenue composition of Bojie Co., Ltd. is as follows: 83.72% from industrial automation equipment, 8.27% from equipment accessories, and 8.00% from technical services [1] Group 2 - Among the top ten circulating shareholders of Bojie Co., Ltd., one fund under Huaxia Fund, the Huaxia CSI Robotics ETF (562500), entered the top ten in the second quarter, holding 2.1323 million shares, which accounts for 2.01% of the circulating shares. The estimated floating loss today is approximately 6.9514 million CNY [2] - The Huaxia CSI Robotics ETF (562500) was established on December 17, 2021, with a latest scale of 14.471 billion CNY. Year-to-date, it has achieved a return of 39.56%, ranking 1125 out of 4220 in its category; over the past year, it has returned 94.18%, ranking 680 out of 3814; and since inception, it has returned 8.43% [2] Group 3 - The fund manager of the Huaxia CSI Robotics ETF (562500) is Hualong. As of the report, Hualong has a cumulative tenure of 3 years and 34 days, with the current total asset scale of 42.926 billion CNY. The best fund return during the tenure is 96.93%, while the worst return is -15.08% [3]

Group 1: Financial Performance and Goals - The company aims to achieve an annual profit target of 100 million yuan, despite a modest performance in the first half of the year [2][5] - Management expresses confidence in meeting performance assessment goals set by the employee stock ownership plan and equity incentives [2][5] Group 2: Product Development and Partnerships - The company has developed self-researched liquid cooling solutions, including micro-channel layered water cooling heads, to meet high-power heat dissipation needs [4][7] - Collaboration with North American cloud service providers is ongoing, with G customer orders experiencing a year-on-year doubling and N customer orders expected to grow rapidly throughout the year [3][7] Group 3: Market Position and Strategy - The company is transitioning from being an equipment supplier to a product supplier, aiming to better serve customer needs [3][4] - The subsidiary Bojie Chip has developed various cutting machines, achieving market breakthrough with competitive pricing at approximately 50-67% of foreign counterparts [5][6] Group 4: Future Outlook and Investor Relations - The company is committed to enhancing information disclosure and value communication to better present its value to investors [5][7] - The company is currently not involved in solid-state battery production but is monitoring industry trends [5][6]

Group 1 - The core point of the announcement is that the controlling shareholder, Wang Zhaochun, has partially lifted the pledge on his shares in Zhuhai Bojie Electronics Co., Ltd. [1] - As of the announcement date, there are no shares held by the controlling shareholder or their concerted parties that are subject to pledge, freeze, or auction [2] - The lifting of the pledge will not lead to any change in the actual control of the company and will not have a significant impact on the company's operations or governance [2] Group 2 - The total share capital of the company as of September 10, 2025, is 160,302,593 shares [5]

Core Points - The company Bojie Co., Ltd. announced that its controlling shareholder and actual controller, Mr. Wang Zhaochun, has completed a stock pledge release transaction at GF Securities Co., Ltd. [2] - The number of shares released from pledge is 2,920,000 shares, which accounts for 11.47% of Mr. Wang's total shareholding and 1.82% of the company's total share capital [2]

Investment Rating - The report rates the liquid cooling industry as "Overweight," indicating that it is expected to outperform the overall market [3]. Core Insights - The MLCP (Micro-Channel Liquid Cooling Plate) technology is highlighted as an innovative solution to address the cooling challenges posed by ultra-high power chips, with expected power consumption exceeding 2000W [3][5]. - The report emphasizes the importance of micro-channel design, forced convection, and optimized fluid dynamics in achieving high heat exchange efficiency [5]. - Key companies in the industry are recommended for attention, including Jiangshun Technology, Yingweike, and Kangsheng Co., among others, due to their advancements in liquid cooling technology [5]. Summary by Sections Industry Overview - The MLCP technology utilizes micro-scale fluid channels to achieve efficient heat exchange, capable of handling extreme thermal loads [5]. - The manufacturing processes for micro-channels include etching, 3D printing, and stamping, each with its advantages and limitations [5]. Key Companies and Valuations - Jiangshun Technology: Market cap of 48.74 billion, projected net profit of 1.55 billion in 2024 [6]. - Yingweike: Market cap of 756.61 billion, projected net profit of 4.53 billion in 2024 [6]. - Kangsheng Co.: Market cap of 54.89 billion, with a projected net profit of -0.98 billion in 2024 [6]. - Other notable companies include Nanfeng Co., Huazhu High-Tech, and Yinhong Co., with varying market caps and profit projections [6].