证券代码：300731 证券简称：科创新源 公告编号：2025-052 深圳科创新源新材料股份有限公司 关于补选第四届董事会薪酬与考核委员会委员的公告 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。 一、补选第四届董事会薪酬与考核委员会委员的情况 深圳科创新源新材料股份有限公司（以下简称"公司"）于 2025 年 7 月 29 日收到公司第四届董事会非独立董事马婷女士提交的书面辞职报告，因公司 治理结构调整，马婷女士申请辞去公司第四届董事会非独立董事职务，同时辞 去第四届董事会薪酬与考核委员会委员职务（马婷女士原定担任第四届董事会 非独立董事的任期为 2024 年 9 月 27 日至 2027 年 9 月 26 日），该辞职报告自 送达公司董事会之日起正式生效。同日公司召开了职工代表大会，经职工代表 大会民主选举，选举马婷女士为第四届董事会职工代表董事，任期自公司职工 代表大会选举之日起至公司第四届董事会任期届满之日止。 马婷女士：1988 年 8 月生，中国国籍，无境外永久居留权，本科学历。2009 年 2 月至 2009 年 7 月，任教于湖北省阳新县三溪 ...

证券代码：300731 证券简称：科创新源 公告编号：2025-048 深圳科创新源新材料股份有限公司 第四届董事会第九次会议决议公告 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。 一、董事会会议召开情况 本议案已经董事会审计委员会审议通过。 具体内容请见公司同日在中国证监会指定的创业板信息披露网站巨潮资 讯网（http://www.cninfo.com.cn）披露的《2025 年半年度报告》（公告编号： 2025-050）、《2025 年半年度报告摘要》（公告编号：2025-051）。 表决结果：同意 7 票、弃权 0 票、反对 0 票。 1、深圳科创新源新材料股份有限公司（以下简称"公司"）第四届董事 会第九次会议于 2025 年 8 月 21 日下午 16:00 在深圳市光明区新湖街道同富裕 工业园富川科技工业园 2 号厂房 3 楼会议室以现场结合通讯方式召开，会议通 知已于 2025 年 8 月 18 日以电子邮件或书面方式向全体董事发出。 2、本次会议由董事长周东先生主持，本次会议应出席董事为 7 人，实际 出席会议的董事 7 人。公司高级管理人员 ...

深圳科创新源新材料股份有限公司 2025 年半年度报告全文 深圳科创新源新材料股份有限公司 2025 年半年度报告 2025-050 2025 年 8 月 1 深圳科创新源新材料股份有限公司 2025 年半年度报告全文 公司经营中可能发生的有关风险详见本报告第三节"管理层讨论与分析" 中"十、公司面临的风险和应对措施"部分，该部分详细描述了公司经营中 可能存在的风险及应对措施，敬请投资者予以特别关注。 第一节 重要提示、目录和释义 公司董事会及董事、高级管理人员保证半年度报告内容的真实、准确、 完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法 律责任。 公司负责人周东、主管会计工作负责人谢迪及会计机构负责人（会计主 管人员）张运声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告对未来计划等前瞻性陈述，仅为公司对未来的预期，不构成公司 对投资者的实质承诺，能否实现取决于政策环境、市场状况等多种因素，存 在不确定性，请投资者及相关人士对此保持足够的风险认识，并且理解计划、 预测与承诺之间的差异。 公司计划不派发现金红利，不送红股，不以公积 ...

Market Overview - A-shares experienced a significant rise on August 21, with the Shanghai Composite Index nearing 3800 points, but later turned negative with over 3400 stocks declining and a trading volume of 2.12 trillion yuan [1][3] - The trading volume in the Shanghai and Shenzhen markets has surpassed 2 trillion yuan for seven consecutive trading days, marking the second occurrence in the last decade [5] Sector Performance - Digital currency stocks surged, with several stocks hitting the daily limit, while oil and gas stocks also showed strength [3] - The liquid cooling concept stocks faced a sharp decline, with multiple stocks hitting the limit down, indicating a market correction [6][7] Liquid Cooling Sector - The liquid cooling server concept gained popularity, with the liquid cooling index rising over 35% since July, but signs of irrational speculation emerged as some companies unrelated to liquid cooling saw significant stock price increases [11] - Major players like CoreWeave and Huawei have adopted liquid cooling technology, setting a trend in the industry [10] - The market correction in the liquid cooling sector was linked to a broader downturn in related stocks, with significant drops observed in companies like Feilong and Tenglong [7][11] Rare Earth Permanent Magnet Sector - The rare earth permanent magnet sector also began to correct, with stocks like Jintian and Beikong approaching limit down [12] Banking Sector - The banking sector showed resilience, with the banking index rising by 0.59% and a year-to-date increase of over 16% [14] - Key banks such as Agricultural Bank and Postal Savings Bank reported gains, reflecting positive sentiment in the sector [14] Foreign Investment Trends - A-shares have attracted increased foreign investment, with 663 companies disclosing mid-year reports and 139 companies seeing QFII investments [17] - Korean investors have significantly increased their holdings in Chinese stocks, with a nearly 30% rise in their total investment [18][21] - Global hedge funds are rapidly buying Chinese stocks, driven by expectations of interest rate cuts and improved geopolitical conditions [22]

Group 1 - The A-share market experienced a collective pullback in liquid cooling concept stocks, with notable declines in several companies [1] - Feilong Co. and Jintian Co. hit the daily limit down, while Cambridge Technology, Hongfuhang, Tongfei Co., Kexin Innovation Source, and Debang Technology fell over 7% [1] - Other companies such as Fangsheng Co., Binglun Environment, Chuanrun Co., and Dingtong Technology dropped more than 6%, while Gaolan Co., Chuanhuan Technology, Shenling Environment, Liou Co., Yimikang, and Zhongshi Technology saw declines exceeding 5% [1]

Group 1 - Liquid cooling servers showed strong performance in early trading [1] - Dayuan Pump Industry reached the daily limit increase [1] - Companies such as Dongyangguang, Oulutong, Highlan Co., Kexin Innovation Source, and Huitong Co. also experienced gains [1]

Group 1: Chemical and Oil Indices Performance - The chemical index and oil index showed overall positive performance, with the chemical raw materials index rising by 1.66% and the chemical machinery index increasing by 6.08%. However, the chemical pharmaceuticals index fell by 1.30% [1] - In the oil sector, the oil processing index increased by 0.67%, the oil extraction index rose by 2.70%, and the oil trading index went up by 2.18% [1] Group 2: International Oil Prices - International crude oil prices declined, with WTI settling at $63.88 per barrel, down 5.12% from August 1, and Brent settling at $66.597 per barrel, down 4.42% [1] Group 3: Petrochemical Products Price Changes - The top five petrochemical products with price increases included liquid chlorine up by 14.98%, coke up by 4.57%, mancozeb up by 4%, coking coal up by 3.55%, and aniline up by 2.82%. The top five products with price decreases included folic acid down by 6%, acrylic acid down by 5.51%, vitamin D3 down by 5.41%, WTI down by 5.12%, and synthetic ammonia down by 4.90% [1] Group 4: Capital Market Performance of Chemical Companies - The top five chemical companies with the highest stock price increases were Kexin New Energy up by 53.05%, Amway Co. up by 51.60%, Xinhang New Materials up by 45.88%, Zhongxin Fluorine Materials up by 35.66%, and Huaxin New Materials up by 25.99%. The top five companies with the largest declines were Lianhua Technology down by 10.41%, Cangzhou Dahua down by 8.80%, Zaiseng Technology down by 8.63%, Yabeng Chemical down by 7.86%, and Xinchao Energy down by 7.21% [2]

Group 1 - The stock price of Kexin New Source (300731) closed at 52.17 yuan, up 4.34% with a turnover rate of 23.68% and a trading volume of 284,500 hands, amounting to 1.419 billion yuan [1] - The latest financial report shows total operating revenue of 252 million yuan, a year-on-year increase of 86.39%, and a net profit attributable to shareholders of 10.08 million yuan, up 839.66% [1] - The company has a current ratio of 1.554, a quick ratio of 1.244, and a debt-to-asset ratio of 45.61% [1] Group 2 - Kexin New Source has made investments in 18 companies and participated in 76 bidding projects [2] - The company holds 38 trademark registrations and 110 patent applications, along with 23 administrative licenses [2]

Core Viewpoint - Liquid cooling technology is expanding beyond GPU servers to network devices and ASIC chips, driven by the scaling of AI clusters and a shift in market perception towards a revaluation of the liquid cooling industry [1][2][3] Group 1: Reasons for the Surge in Liquid Cooling - Liquid cooling technology is gaining traction as it is no longer limited to GPU servers, with potential applications in network devices and ASIC chips [2] - Recent developments include Broadcom introducing liquid cooling in switch devices, AMD emphasizing liquid cooling in its MI350 series, and Taiwanese cooling leaders predicting a rapid increase in water cooling adoption over the next two years [2] - The industry is transitioning from conceptual discussions to tangible implementations, with changes in revenue structures, customer bases, and production expansions expected [2] Group 2: Market Dynamics and Future Prospects - The market is at a tipping point where the recognition of liquid cooling trends is leading to significant market reactions, driven by increasing power consumption and the diversification of AI clusters [3] - The power consumption of systems like NVL72 has reached 120kW, surpassing the limits of air cooling systems, prompting a shift towards liquid cooling [3] - Major companies such as Meta, Google, and Amazon are advancing their AI architectures, which will likely include liquid cooling systems in the future [3] Group 3: Competitive Landscape and Strategic Considerations - The core competitive issue in the liquid cooling industry revolves around the ability to avoid "internal competition" and maintain a strong competitive edge [4] - Chip manufacturers may prefer decoupled solutions to reduce costs and improve installation efficiency, while cloud providers favor integrated delivery models for stability and operational efficiency [4] - Companies with robust system integration capabilities, including cold plates, CDU, UQD, cooling liquids, redundancy control, and engineering implementation, are likely to become preferred partners for major cloud service providers [4] Group 4: Investment Recommendations - Core recommendation includes Invec (002837) for its system capabilities and international expansion potential [5] - Other companies to watch include Dongyangguang (600673), Shuguang Shuchuang (872808), Shenling Environment (301018), and Gaolan Co. (300499) [5][6]

证券代码：300731 证券简称：科创新源 公告编号：2025-046 1 本次担保为 2025 年第一次临时股东会审议通过后新增的担保额度，不含之前已审批的仍在有效期内的 担保。 关于为控股子公司提供担保的进展公告 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、担保情况概述 深圳科创新源新材料股份有限公司（以下简称"公司"或"科创新源"）于 2025 年 3 月 7 日、2025 年 3 月 24 日分别召开了第四届董事会第四次会议、2025 年第一次临时股东会，审议通过了《关于为控股子公司提供担保额度预计的议案》， 同意公司为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"）、 芜湖市航创祥路汽车部件有限公司向银行或其他金融机构的综合授信业务（授信 融资品种及用途包括但不限于：流动资金贷款、项目贷款、保函、信用证、银行 承兑汇票、票据贴现、保理、押汇等综合业务）提供担保。提供担保方式包括但 不限于信用担保（含一般保证、连带责任保证等）、抵押担保、质押担保或多种 担保方式相结合等形式，预计提供担保额度合计不超过人民币 9,000 万元1，该担 ...