Core Viewpoint - Tongfei Co., Ltd. has shown significant growth in revenue and net profit, indicating strong business performance and investor interest in the company [2][3]. Financing and Trading Activity - On August 26, Tongfei Co., Ltd. experienced a stock price increase of 0.56% with a trading volume of 405 million yuan. The financing buy-in amount was 61.93 million yuan, while the financing repayment was 67.34 million yuan, resulting in a net financing outflow of 5.40 million yuan. The total financing and securities balance reached 213 million yuan [1]. - The current financing balance of 213 million yuan accounts for 1.74% of the circulating market value, which is above the 90th percentile level over the past year, indicating a high level of financing activity [1]. - There were no short-selling activities reported on August 26, with a short-selling balance of 0 shares, which is also at a high level compared to the past year [1]. Business Performance - For the first half of 2025, Tongfei Co., Ltd. reported a revenue of 1.264 billion yuan, representing a year-on-year growth of 58.04%. The net profit attributable to shareholders was 125 million yuan, showing a remarkable increase of 466.71% compared to the previous year [2]. - The company has distributed a total of 337 million yuan in dividends since its A-share listing, with 244 million yuan distributed over the past three years [3]. Shareholder Information - As of June 30, the number of shareholders for Tongfei Co., Ltd. reached 12,600, an increase of 27.29% from the previous period. The average number of circulating shares per shareholder decreased by 21.09% to 6,153 shares [2]. - Notable institutional holdings include new shareholders such as Qianhai Kaiyuan New Economy Mixed A and Qianhai Kaiyuan Public Utilities Stock, holding 1.6995 million shares and 1.3267 million shares respectively [3].

智通财经APP讯，同飞股份(300990.SZ)发布2025年半年度报告，该公司营业收入为12.64亿元，同比增 长58.04%。归属于上市公司股东的净利润为1.25亿元，同比增长466.71%。归属于上市公司股东的扣除 非经常性损益的净利润为1.22亿元，同比增长507.59%。基本每股收益为0.74元。 ...

Core Viewpoint - The company reported significant growth in revenue and net profit for the first half of the year, driven by strong demand in downstream industries and support from national industrial policies [1]. Group 1: Financial Performance - The company achieved a revenue of 1.264 billion yuan, representing a year-on-year increase of 58.04% [1]. - The net profit attributable to shareholders reached 125 million yuan, marking a substantial year-on-year growth of 466.71% [1]. Group 2: Downstream Demand and Product Performance - The company specializes in temperature control products across various sectors, including CNC equipment, power electronics, energy storage, semiconductors, data centers, hydrogen energy, new energy vehicles, and medical devices [2]. - Revenue from power electronics temperature control products was 819 million yuan, reflecting a year-on-year increase of 77.48% [2]. - The gross margin for the company was 20.01%, an increase of 5.02% compared to the same period last year, indicating strong pricing power and profitability [2]. - The energy storage temperature control segment saw revenue of approximately 681 million yuan, with a year-on-year growth of about 87% [2]. Group 3: Traditional CNC Equipment Sector - In the traditional CNC equipment temperature control sector, the company reported a revenue of 389 million yuan, achieving a high growth rate of 24.54% [3]. - The gross margin in this sector remained stable at 28.75%, with a slight increase of 0.28% year-on-year [3]. Group 4: Research and Development - The company invested 53.24 million yuan in R&D, representing a year-on-year increase of 15.99% [4]. - As of June 30, 2025, the company holds 239 patents, including 36 invention patents, 180 utility model patents, and 23 design patents [4]. - The company has established itself as a "Hebei Province Technology Leader" through continuous R&D investment, developing core technologies that integrate personalized solutions, key component manufacturing, and control system development [4].

Group 1 - The company Tongfei Co., Ltd. (300990) reported a significant increase in revenue for the first half of 2025, achieving 1.264 billion yuan, which represents a year-on-year growth of 58.04% [1] - The net profit attributable to shareholders of the listed company reached 125 million yuan, marking a substantial year-on-year increase of 466.71% [1] - The basic earnings per share for the company stood at 0.74 yuan [1]

格隆汇8月26日｜同飞股份(300990.SZ)公告称，2025年上半年实现营业收入12.64亿元，同比增长 58.04%；实现归属于上市公司股东的净利润1.25亿元，同比增长466.71%。 ...

非经营性资金占用及其他关联资金往来情况汇总表 | 非经营性资金占用 | | 资金占用方名称 | 占用方与上市公 | 上市公司核算的 | 2025年期初 | 2025年半年度占 | 2025年半年度占 | 2025年半年度 | 2025年半年度期末 | 占用形成原因 | 占用性质 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 司的关联关系 | 会计科目 | 占用资金余额 | 用累计发生金额 | 用资金的利息 | 偿还累计发生 | 占用资金余额 | | | | | | | | | | （不含利息） | （如有） | 金额 | | | | | 控股股东、实际控制人及其附 | | | | | | | | | | | | | 属企业 | | | | | | | | | | | | | 小 计 | | - | - | - | | | | | | | - | | 前控股股东、实际控制人及其 | | | | | | | | | | | | | 附属企业 | | | | | | | | | | | | | ...

合 并 资 产 负 债 表 2025年6月30日 | | | | | | 会合01表 | | --- | --- | --- | --- | --- | --- | | 编制单位：三河同飞制冷股份有限公司 | | | | | 单位：人民币元 | | 资 产 | 期末数 | 上年年末数 | 负债和所有者权益 | 期末数 | 上年年末数 | | 流动资产： | | | 流动负债： | | | | 货币资金 | 174,974,759.32 | 165,941,608.57 | 短期借款 | | | | 结算备付金 | | | 向中央银行借款 | | | | 拆出资金 | | | 拆入资金 | | | | 交易性金融资产 | | 200,194,882.40 | 交易性金融负债 | | | | 衍生金融资产 | | | 衍生金融负债 | | | | 应收票据 | 2,331,775.00 | 12,942,505.30 | 应付票据 | | | | 应收账款 | 816,365,151.46 | 846,575,057.80 | 应付账款 | 355,676,430.77 | 448,463,289.09 | | ...

证券代码：300990 证券简称：同飞股份 公告编号：2025-055 三河同飞制冷股份有限公司 一、董事会会议召开情况 三河同飞制冷股份有限公司（以下简称"公司"）第三届董事会第二十次会 议于 2025 年 8 月 15 日以电话、邮件等方式通知了公司全体董事。会议于 2025 年 8 月 26 日以现场及通讯会议的方式在公司会议室召开。会议应出席董事 9 名， 实际出席董事 9 名。会议由公司董事长张国山先生主持，公司全体高级管理人员 列席了会议。本次会议的召集和召开程序符合《公司法》及《公司章程》的相关 规定。 二、董事会会议审议情况 1、审议通过《关于公司<2025 年半年度报告>及其摘要的议案》。 董事会认为，公司《2025 年半年度报告》及其摘要的编制符合法律、行政 法规等相关规定，其内容与格式符合中国证监会和深圳证券交易所的各项规定， 报告所披露的信息真实、准确、完整地反映了公司的实际情况，不存在任何虚假 记载、误导性陈述或者重大遗漏。 具体内容详见公司同日刊登于巨潮资讯网（http://www.cninfo.com.cn）的 《2025 年半年度报告》全文及其摘要。 表决结果：同意票 9 票， ...

三河同飞制冷股份有限公司 2025 年半年度报告全文 证券代码：300990 证券简称：同飞股份 公告编号：2025-057 三河同飞制冷股份有限公司 2025 年半年度报告 2025 年 08 月 1 三河同飞制冷股份有限公司 2025 年半年度报告全文 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。 公司负责人张浩雷、主管会计工作负责人高宇及会计机构负责人(会计主 管人员)栗亚楠声明：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。 本报告如有涉及未来的战略规划及经营计划，不构成公司对投资者的实 质承诺，投资者及相关人士应对此保持足够的风险认识，并且应当理解计划、 预测及承诺之间的差异。 公司在本报告第三节"管理层讨论与分析"之"十、公司面临的风险和应对 措施"详细描述了公司经营中可能存在的风险及应对措施，敬请投资者关注相 关内容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 第二节 | 公司简介和主要财务指标 | 6 ...

Summary of Tongfei Co., Ltd. Conference Call Industry Overview - The data center liquid cooling market is rapidly expanding, with projections indicating that by 2027, when NVIDIA's M172 ships 100,000 units, the market size will reach a trillion-level scale [2][3] - The liquid cooling market for data centers is expected to grow from less than 2 billion in 2024 to nearly 5 billion in 2025, and potentially reach 10 billion in 2026 [3] Company Performance and Market Position - Tongfei Co., Ltd. holds a leading position in the energy storage liquid cooling sector, with a market share of 40%-50%, and has established stable partnerships with major companies such as Sungrow, CATL, and BYD [2][5] - The company’s core products, CDU and manifold, account for approximately 30% of the value in liquid cooling systems, with the overall business system value potentially reaching 40% [2][3] - In the semiconductor equipment liquid cooling field, Tongfei is one of the few domestic manufacturers capable of high-precision temperature control, with products already applied in key clients' equipment [2][6] Financial Projections - The expected net profit attributable to the parent company for Tongfei is projected to reach 450 million by 2026, corresponding to a current market value of approximately 11 billion [2][7] - The company anticipates profits of 330 million and 450 million for 2025 and 2026, respectively, with corresponding price-to-earnings ratios of 35 and 25 [3][10] - The global market share for Tongfei's products in the data center liquid cooling segment is estimated at 10%, which could correspond to a target market value of around 15 billion [2][7] Competitive Advantages - Tongfei has demonstrated significant improvements in profitability through technological and cost advantages, allowing it to stand out in a competitive environment [5] - The company has expanded its client base to include international customers such as LG and Samsung, with the proportion of orders for overseas end applications increasing to 60%-70% [5] Future Outlook - The company is expected to enter a harvest period starting in 2025, with long-term growth prospects bolstered by the anticipated trillion-level markets for energy storage and data center liquid cooling [3][10] - The company is recommended as a key focus for investors due to its strong market position and growth potential in the liquid cooling sector [11] Technical Insights - The temperature control precision required for semiconductor equipment is significantly higher (±0.02°C) compared to that for data centers (±0.1°C) and energy storage [8] - Tongfei has successfully entered the semiconductor equipment market, with expectations of revenue reaching around 100 million by 2025 [9]