Core Points - The company announced that its subsidiary, Suzhou Ruitai Technology Co., Ltd. (Ruitai), received a government subsidy of RMB 1.9 million, which accounts for 11.00% of the company's audited net profit attributable to shareholders for the most recent fiscal year [2] - The government subsidy is related to revenue and is associated with the company's regular production and operational activities, indicating it lacks sustainability [2] - As of the date of the announcement, the government subsidy funds have been received [2]

Core Viewpoint - The company, Kexin Innovation Source, announced that its subsidiary, Suzhou Ruitai Technology Co., Ltd., received a government subsidy of RMB 1.9 million, which accounts for 11.00% of the company's audited net profit attributable to shareholders for the most recent fiscal year [1] Group 1 - The government subsidy received by Ruitai is related to revenue and is associated with the company's regular production and operational activities [1] - The subsidy is not sustainable, indicating that it may not be a recurring source of income for the company [1] - As of the date of the announcement, the government subsidy funds have been received [1]

证券代码：300731 证券简称：科创新源 公告编号：2025-058 深圳科创新源新材料股份有限公司 关于控股子公司获得政府补助的公告 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。 一、获取补助的基本情况 根据上述规定，瑞泰克本次收到的政府补助确认为与收益相关且与公司日常 经营活动相关的政府补助，计入其他收益。 3、补助对上市公司的影响和风险提示 经过公司初步测算，上述政府补助预计对公司 2025 年度利润总额的影响为 190 万元，具体影响金额及相关会计处理需以审计机构年度审计确认后结果为准， 敬请广大投资者注意投资风险。 三、备查文件 深圳科创新源新材料股份有限公司（以下简称"公司"）控股子公司苏州瑞 泰克散热科技有限公司（以下简称"瑞泰克"）于近日收到一笔政府补助资金， 金额为人民币 190 万元，占公司最近一个会计年度经审计的归属于上市公司股东 净利润的 11.00%。瑞泰克本次获得的政府补助系与收益相关的政府补助，与公 司日常生产经营活动相关，不具有可持续性。截至本公告披露日，上述政府补助 资金已到账。 二、补助的类型及其对上市公司的影响 1、补 ...

Group 1 - The liquid cooling server index experienced a decline of 2.04%, indicating a broad downturn among constituent stocks [1] - Individual stocks such as Hongfu Hanhai, Yingweike, Kexin Innovation Source, Feilong Co., and Tenglong Co. saw significant drops, with declines of 6.30%, 5.96%, 5.82%, 4.83%, and 4.76% respectively [1]

证券代码：300731 证券简称：科创新源 公告编号：2025-057 深圳科创新源新材料股份有限公司 关于调整投资者热线电话的公告 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。 为进一步加强投资者关系管理工作，建立更加便捷的投资者沟通渠道，深圳 科创新源新材料股份有限公司（以下简称"公司"）将投资者联系方式进行了部 分调整。公司在原投资者热线电话基础上增加分机号，由原来的通过总机人工转 接调整为拨打总机后、再输入分机号接入的方式，具体情况如下： 敬请广大投资者关注以上变更，欢迎广大投资者通过上述渠道与公司沟通联 系。 特此公告。 深圳科创新源新材料股份有限公司 董事会 二〇二五年九月十九日 | 调整事项 | 调整前 | 调整后 | | --- | --- | --- | | 投资者热线 | 0755-3369 1628 | 0755-3369 1628-8045 | 除上述调整外，公司网址、联系地址、总机、传真、电子信箱等其他联系方式 保持不变。 ...

Market Overview - On September 19, the rubber sector declined by 1.06%, with Sanwei Equipment leading the drop [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] Stock Performance - Notable stock performances in the rubber sector included: - Tongcheng New Material (603650) closed at 36.12, up 1.40% with a trading volume of 197,700 shares and a turnover of 721 million yuan [1] - Sanwei Equipment (831834) saw a significant drop of 26.15%, closing at 19.20 with a trading volume of 227,700 shares and a turnover of 498 million yuan [2] - Other stocks like Tian Tie Technology (300587) and Heimao Co. (002068) experienced slight declines of -0.34% and -0.56% respectively [1][2] Capital Flow - The rubber sector experienced a net inflow of 5.76 million yuan from institutional investors, while retail investors saw a net outflow of 28.66 million yuan [2][3] - Key stocks with significant capital flow included: - Zhen'an Technology (300767) had a net inflow of 17.02 million yuan from institutional investors [3] - Sanwei Co. (603033) had a net outflow of 9.51 million yuan from retail investors [3]

Group 1 - Shenzhen Kexin Innovation Source New Materials Co., Ltd. hosted a specific investor survey with 11 institutions including Fidelity Fund and Wan Jia Fund on September 17-18, 2025 [1] - The company discussed its data center business, focusing on thermal management solutions through its subsidiary, Shenzhen Chuangyuan Zhihuo Technology Co., Ltd., which includes products like siphon-type special cooling modules and liquid cooling plates [1] - The company plans to acquire Dongguan Zhaoke Electronic Materials Technology Co., Ltd., which specializes in thermal interface materials, and has completed equity integration with Kunshan Zhaoke [1] Group 2 - The growth in the new energy business is attributed to the increasing demand for electric vehicles, with the company's subsidiary, Ruitai Technology, advancing new production line construction and upgrading existing lines to maintain its leading position [1] - In the first half of 2025, the company's traditional polymer materials business showed steady development, focusing on waterproof sealing, fire insulation, and moisture-proof materials, while aiming to strengthen its core business in telecommunications, electricity, and automotive sectors [1]

Group 1: Company Overview and Business Development - Shenzhen Kexin New Materials Co., Ltd. focuses on data center cooling solutions through its subsidiary, Shenzhen Chuangyuan Zhihuo Technology Co., Ltd. [2] - The company employs a dual-driven model of collaborative manufacturing and independent production to enhance its market presence [2][3] - In the first half of 2025, the subsidiary has initiated OEM operations for liquid cooling plates and is advancing product certification with clients [3] Group 2: Market Trends and Product Demand - The demand for thermal interface materials is increasing due to the growth of high-performance computing and emerging technologies like 5G/6G and IoT [4] - Kexin New Materials is strategically positioned to meet the rising demand for high-performance thermal management solutions [4] Group 3: Acquisition Plans - The company is planning to acquire Dongguan Zhaoke, which includes subsidiaries in Kunshan, Vietnam, and Singapore, to expand its footprint in the thermal product sector [5] - The acquisition process is complex and involves cross-border mergers, with both parties maintaining strong cooperation intentions [5] Group 4: Growth in New Energy Sector - The Chinese electric vehicle market is experiencing rapid growth, driven by an increase in new models and improved charging infrastructure [6] - The company's subsidiary, Suzhou Ruitai Technology Co., Ltd., produces key cooling components for electric vehicle batteries, contributing to its market leadership [7] Group 5: Traditional Business Performance - The polymer materials segment remains stable, focusing on waterproof, fireproof, and moisture-proof materials for various industries [7] - The company aims to solidify its position in the polymer materials market to ensure steady cash flow and profit contributions [7]

Market Overview - On September 18, the rubber sector increased by 0.88%, led by Sanwei Equipment, while the Shanghai Composite Index closed at 3831.66, down 1.15% [1] - The Shenzhen Component Index closed at 13075.66, down 1.06% [1] Key Performers in Rubber Sector - Yiwai Equipment (831834) closed at 26.00, up 30.00% with a trading volume of 141,700 shares and a transaction value of 332 million [1] - Kexin New Source (300731) closed at 49.72, up 9.39% with a trading volume of 228,800 shares and a transaction value of 1.122 billion [1] - Sanwei Co. (603033) closed at 13.22, up 6.27% with a trading volume of 299,200 shares and a transaction value of 392 million [1] - Zhenan Technology (300767) closed at 23.70, up 5.52% with a trading volume of 316,300 shares and a transaction value of 754 million [1] Fund Flow Analysis - The rubber sector saw a net inflow of 39.38 million from main funds, while retail investors experienced a net outflow of 116 million [2] - Speculative funds had a net inflow of 76.45 million [2] Individual Stock Fund Flow - Zhenan Technology (300767) had a main fund net inflow of 68.72 million, with a retail net outflow of 64.88 million [3] - Kexin New Source (300731) had a main fund net inflow of 60.62 million, with a retail net outflow of 21.22 million [3] - Sanwei Co. (603033) had a main fund net inflow of 9.68 million, with a retail net outflow of 11.59 million [3]

Market Overview - On September 16, the rubber sector increased by 0.07% compared to the previous trading day, with Fengmao Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3861.87, up 0.04%, while the Shenzhen Component Index closed at 13063.97, up 0.45% [1] Stock Performance - Fengmao Co., Ltd. (301459) closed at 45.61, up 3.99% with a trading volume of 23,800 lots and a turnover of 107 million yuan [1] - Other notable performers include: - Shuangjian Co., Ltd. (002381) at 6.90, up 1.92% [1] - Sanlisi (002224) at 4.54, up 1.57% [1] - YGHT (300121) at 15.77, up 1.35% [1] Fund Flow Analysis - The rubber sector saw a net inflow of 4.98 million yuan from institutional investors, while retail investors experienced a net outflow of 34.87 million yuan [2] - Key stocks in fund flow include: - YGHT (300121) with a net inflow of 28.61 million yuan from institutional investors [3] - Zhen'an Technology (300767) with a net inflow of 14.82 million yuan from retail investors [3] - Fengmao Co., Ltd. (301459) had a net outflow of 3.20 million yuan from institutional investors [3]