证券日报网讯超频三（300647）11月20日在互动平台回答投资者提问时表示，截至2025年11月10日，公 司最新股东总户数为30645户。 ...

Core Viewpoint - The company, Chao Ping San (300647), is focusing on expanding its business in the thermal management sector, particularly in consumer electronics and LED lighting components, indicating strong growth potential in this area [1] Group 1: Business Focus - The company's thermal management products primarily include cooling accessories for consumer electronics and thermal components for LED lighting [1] - The company aims to maintain its inherent advantages in electronic product thermal devices while exploring market opportunities in the thermal management sector [1] Group 2: Strategic Direction - The company plans to continue focusing on its thermal management business and will strategically align its industry layout with market demand and its strategic planning [1]

Core Viewpoint - The company has completed the construction of the first phase of its lithium battery cathode key material production base and has begun trial production with some equipment [1] Group 1 - The construction of the factory and related facilities for the first phase of the project has been completed [1] - Some equipment has been debugged and trial production has commenced [1] - The company plans to closely monitor market developments and will advance project construction as needed [1]

证券日报网讯超频三（300647）11月14日在互动平台回答投资者提问时表示，截至2025年11月10日，公 司股东总户数为30，645户。 ...

为进一步加强与投资者的互动交流，深圳市超频三科技股份有限公司（以下 简称"公司"）将参加由深圳证监局和中证中小投资者服务中心指导、深圳上市 公司协会与深圳市全景网络有限公司联合举办的"2025 年度深圳辖区上市公司 投资者网上集体接待日活动"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP，参 与本次互动交流，活动时间为 2025 年 11 月 20 日（周四）14:30-17:00。届时公 司部分董事和高管将在线与投资者进行沟通与交流，欢迎广大投资者积极参与。 特此公告。 证券代码：300647 证券简称：超频三 公告编号：2025-046 深圳市超频三科技股份有限公司 关于参加 2025 年度深圳辖区上市公司集体接待日活动的公告 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。 深圳市超频三科技股份有限公司董事会 2025 年 11 月 14 日 1 ...

Group 1 - The core point of the news is that ChaoPing San's stock price has dropped by 5.01%, currently trading at 7.58 yuan per share, with a total market capitalization of 3.466 billion yuan [1] - ChaoPing San Technology Co., Ltd. is based in Shenzhen, Guangdong, and was established on April 27, 2005, with its IPO on May 3, 2017 [1] - The company's main business includes the research, production, and sales of electronic product cooling devices, lithium battery cathode materials, and LED lighting fixtures, along with providing high-quality energy management and lighting engineering services to downstream customers [1] Group 2 - The revenue composition of ChaoPing San's main business is as follows: lithium-ion battery materials 46.35%, cooling products 28.92%, other products 15.77%, LED lighting fixtures 5.04%, and lighting engineering 3.92% [1] - From the perspective of fund holdings, one fund under Yinhua Fund has a significant position in ChaoPing San, with the 2000 Enhanced ETF holding 45,000 shares, accounting for 0.71% of the fund's net value [2] - The 2000 Enhanced ETF has a total scale of 44.1959 million yuan and has achieved a year-to-date return of 49.29%, ranking 634 out of 4,216 in its category [2]

Core Viewpoint - The liquid cooling server index experienced a decline of 2.01%, with major constituent stocks under pressure [1]. Group 1: Stock Performance - Siquan New Materials saw the largest drop, falling by 6.42% [1]. - Kexin New Source decreased by 5.52% [1]. - Zhongshi Technology declined by 3.85% [1]. - Feirongda dropped by 3.76% [1]. - Chaoping San fell by 3.13% [1].

Market Performance - The main board led the gains with notable increases in stocks such as Shiji Information (+10.02%), Yongding Co. (+9.99%), and Data Port (+9.99%) [1] - The ChiNext board saw significant growth with stocks like Zhidema (+20.00%) and Chaoping San (+13.68%) [1] - The Sci-Tech Innovation board was led by Baiwei Storage (+13.21%) and Changguang Huaxin (+9.60%) [1] - Active sub-industries included SW Portal Websites (+2.98%) and SW Communication Application Value-Added Services (+2.68%) [1] Domestic News - Yiwentech launched the second generation of AR glasses, Even G2, featuring advanced specifications such as 640×350 resolution and 1200 nits peak brightness, with a 75% increase in display area compared to the previous generation [1] - Baidu announced the new Kunlun chip M100, optimized for large-scale reasoning scenarios, set to launch in 2026, and the M300 for ultra-large multimodal model training, expected in 2027 [1] - Cambricon announced its embrace of the FlagOS ecosystem, an open-source software stack supporting over 20 mainstream AI chip models [1] - UMC and Metalenz have entered mass production of the Polar ID facial recognition solution, which significantly reduces costs and complexity compared to existing methods [1] Company Announcements - SMIC reported Q3 2025 revenue of 17.162 billion yuan, a 6.9% increase quarter-on-quarter, with a gross margin of 25.5%, up 4.8 percentage points [3] - Hengyin Technology announced a significant shareholder reduction of 5% through block trading, with 5.7 million shares sold, representing 1.10% of total shares [3] - Hengshuo Co. completed its share reduction plan, selling 573,857 shares, which is 0.69% of total shares [3] - Zhixin Electronics received a patent for a heat shrink device, enhancing its production automation capabilities [3] Overseas News - Infineon reported a fiscal year 2025 revenue of 14.662 billion euros, a 2% year-on-year decline, with a profit of 2.56 billion euros and a profit margin of 17.5% [1] - Microchip Technology launched a new series of optical Ethernet PHY transceivers, offering 25 Gbps and 10 Gbps options [1] - The global smartphone panel market saw a significant quarterly growth, with Q3 2025 shipments reaching 580 million units, a year-on-year increase of approximately 5.2% [1] - Kioxia expects NAND demand to exceed supply, projecting a 15% growth in bit shipments for fiscal year 2025 [1]

Core Insights - The liquid cooling technology is gaining prominence in the digital economy era, driven by the "dual carbon" strategy and the national project "East Data West Computing" [1][2] - The capital market has responded positively, with the liquid cooling sector index rising by 2.22% and a total transaction volume of 58.358 billion yuan on November 13 [1] Industry Overview - Data centers, while being the engine of the digital economy, are also significant energy consumers, facing pressure to transform under the "dual carbon" strategy [2] - By 2025, data centers are required to improve energy efficiency by 30%, with a target Power Usage Effectiveness (PUE) of below 1.3, marking a critical threshold for operational viability [2] Technology and Market Dynamics - Traditional air cooling methods are inadequate for meeting the new efficiency standards, necessitating revolutionary cooling solutions like liquid cooling [2] - Liquid cooling technology can potentially reduce overall energy consumption in data centers by over 30%, with its cooling efficiency being significantly higher than that of air cooling [2] Competitive Landscape - The liquid cooling market is expanding rapidly, with companies like Zhongshi Technology and Wanma Technology increasing their investments in liquid cooling solutions [3] - The liquid cooling technology is evolving towards more efficient and intelligent systems, with two main types: cold plate liquid cooling and immersion liquid cooling, each with distinct advantages and cost implications [3] Future Trends - The immersion liquid cooling technology is expected to become mainstream as costs decrease, and it will likely integrate with AI and IoT for smarter thermal management [3]

Group 1 - The liquid cooling server sector is experiencing a significant upward trend, with multiple companies seeing substantial stock price increases [2] - Overclocking Three has reached a 20% limit up, indicating strong market interest and investor confidence [2] - Companies such as Tongfei Co., Ltd. and Invec have also reported notable gains, with increases of over 10% and 7% respectively [2] Group 2 - Jinfu Technology and Shenling Environment are also following the upward trend, suggesting a broader positive sentiment in the liquid cooling server industry [2]