Core Viewpoint - The announcement indicates that Tan Bingwen, an information disclosure obligor, has reduced his shareholding in the company through a centralized bidding process, which does not affect the control structure of the company [1] Group 1: Shareholding Changes - Tan Bingwen has reduced his shareholding by 2,474,800 shares, bringing his total holdings down from 29,080,000 shares to 26,605,242 shares [1] - The percentage of shares held by Tan has decreased from 10.93% to 10.00% following this transaction [1] Group 2: Impact on Company Structure - The shareholding change does not involve any concerted actions and will not lead to changes in the company's controlling shareholder or actual controller [1] - There is no significant impact on the company's governance structure or ongoing operations as a result of this shareholding change [1]

住所：广东省佛山市顺德区****** 通讯地址：广东省佛山市顺德区****** 广东申菱环境系统股份有限公司 简式权益变动报告书 上市公司名称：广东申菱环境系统股份有限公司 股票上市地点：深圳证券交易所 股票简称：申菱环境 股票代码：301018.SZ 信息披露义务人：谭炳文 签署日期：二〇二五年十二月二十四日 信息披露义务人声明 1、本报告书系信息披露义务人依据《中华人民共和国证券法》《上市公司 收购管理办法》《公开发行证券的公司信息披露内容与格式准则第15号——权益 变动报告书》及相关法律、法规和规范性文件编制。 2、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违 反其章程或内部规则中的任何条款或与之相冲突。 3、依据《中华人民共和国证券法》《上市公司收购管理办法》的规定，本 报告书已全面披露信息披露义务人在广东申菱环境系统股份有限公司中拥有权 益的股份变动情况。截至本报告书签署之日，除本报告书披露的信息外，信息披 露义务人没有通过任何其他方式增加或减少其在申菱环境中拥有权益的股份。 4、本次权益变动是根据本报告所载明的资料进行的。信息披露义务人没有 委托或者授权其它任何人提供未在本报告书 ...

广东申菱环境系统股份有限公司 关于持股 5%以上股东减持股份触及 5%整数倍暨 披露简式权益变动报告书的提示性公告 公司持股5%以上股东、董事谭炳文先生保证向本公司提供的信息内容真实、 准确、完整，没有虚假记载、误导性陈述或重大遗漏。 证券代码：301018 证券简称：申菱环境 公告编号：2025-056 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 1、本次权益变动前，广东申菱环境系统股份有限公司（以下简称"公司"） 持股 5%以上股东、董事谭炳文先生持有公司股份 29,080,000 股，占公司总股本 的 10.93%。本次权益变动后，谭炳文先生持有公司股份 26,605,242 股，占公司 总股本的 10.00%，本次权益变动后持股比例触及 5%的整数倍。 2、本次权益变动属于股东减持，不触及要约收购； 3、本次权益变动不会导致公司控股股东及实际控制人发生变化。 一、本次权益变动基本情况 公司于近日收到持股 5%以上股东、董事谭炳文先生出具的《关于减持股份 触及 5%整数倍的告知函》及签署的《简式权益变动报告书》。谭炳文先生于 2025 年 11 月 27 日至 202 ...

Core Viewpoint - The stock of Shunling Environment has shown a continuous upward trend, with a cumulative increase of 17.04% over the past three days, indicating strong market interest and potential investor confidence in the company [1]. Group 1: Company Overview - Shunling Environment, established on July 3, 2000, and listed on July 7, 2021, is located in Shunde District, Foshan, Guangdong Province. The company specializes in air environment regulation equipment, focusing on specialized air conditioning systems [1]. - The company's main business revenue composition includes: 82.94% from equipment sales, 16.68% from solutions and services, and 0.38% from other sources [1]. Group 2: Shareholder Insights - Yongying Fund's "Yongying Digital Economy Select Mixed Fund A" (018122) entered the top ten circulating shareholders of Shunling Environment in the third quarter, holding 3.3343 million shares, which is 1.69% of the circulating shares [2]. - The fund has achieved a year-to-date return of 82.37%, ranking 228 out of 8088 in its category, and a one-year return of 80.55%, ranking 231 out of 8058 [2]. Group 3: Fund Performance - The Yongying Digital Economy Select Mixed Fund A has Shunling Environment as its seventh-largest holding, accounting for 5.93% of the fund's net value [3]. - The fund manager, Wang Wenlong, has a tenure of 2 years and 260 days, with the best fund return during this period being 57.13% and the worst being -16.7% [2].

Core Viewpoint - The stock price of Shenling Environment has shown significant growth, with a year-to-date increase of 76.32% and a recent surge of 14.10% over the past five trading days, indicating strong market interest and performance [2]. Group 1: Stock Performance - As of December 24, Shenling Environment's stock price reached 67.67 CNY per share, with a trading volume of 8.51 billion CNY and a turnover rate of 6.48%, resulting in a total market capitalization of 18.004 billion CNY [1]. - The stock has experienced a 76.32% increase year-to-date, with a 14.10% rise in the last five trading days and a 23.08% increase over the past 20 days, although it has seen a decline of 11.45% over the last 60 days [2]. Group 2: Company Overview - Shenling Environment, established on July 3, 2000, and listed on July 7, 2021, is based in Shunde District, Foshan, Guangdong Province. The company specializes in air environment regulation equipment, focusing on specialized air conditioning systems [2]. - The company's revenue composition includes 82.94% from equipment sales, 16.68% from solutions and services, and 0.38% from other sources [2]. - Shenling Environment operates within the machinery and equipment sector, specifically in general equipment and refrigeration and air conditioning equipment [2]. Group 3: Financial Performance - For the period from January to September 2025, Shenling Environment reported a revenue of 2.508 billion CNY, reflecting a year-on-year growth of 26.84%, while the net profit attributable to shareholders was 150 million CNY, marking a 5.05% increase [2]. - The company has distributed a total of 217 million CNY in dividends since its A-share listing, with 138 million CNY distributed over the past three years [3]. Group 4: Shareholder Information - As of September 30, 2025, the number of shareholders for Shenling Environment increased by 25.41% to 27,800, with an average of 7,107 shares held per shareholder, a decrease of 20.76% from the previous period [2]. - New institutional shareholders include China Aviation Opportunity Leading Mixed Fund A, holding 6.6352 million shares, and Yongying Digital Economy Selected Mixed Fund A, holding 3.3343 million shares [3].

Group 1 - The core viewpoint is that liquid cooling solutions are becoming the mainstream technology path for energy saving in data centers due to their higher cooling efficiency and lower PUE, especially after 2025 with significant improvements in AI server power consumption and chip power [1] - The global liquid cooling market is expected to reach $21.8 billion by 2027, driven by accelerated penetration and technology upgrades [1] - The current liquid cooling supply chain is dominated by Taiwanese manufacturers, but domestic manufacturers are presented with significant opportunities as chip manufacturers gradually participate in the liquid cooling supply chain [1] Group 2 - In the A-share market, liquid cooling server concept stocks experienced a surge, with companies like Yidong Electronics and Tongfei Co. both hitting the 20% daily limit, and Invech also reaching its daily limit, marking historical highs for these stocks [3] - Other companies such as Chuanrun Co. and Kuaike Intelligent also saw their stock prices hit the daily limit, with multiple other stocks following suit [3]

Core Viewpoint - The A-share liquid cooling concept stocks experienced significant activity on December 23, with multiple stocks reaching their daily limit up, indicating strong investor interest in this sector [1]. Group 1: Stock Performance - Tongfei Co., Ltd. (300990) saw a 20% increase, reaching a market capitalization of 15.9 billion [2]. - Yidong Electronics (301123) rose by 17.57%, with a total market value of 16.7 billion [2]. - Shenling Environment (301018) increased by 11.76%, with a market cap of 17.3 billion [2]. - Rongyi Precision (920223) gained 10.97%, valued at 4.295 billion [2]. - Chuanrun Co., Ltd. (002272) rose by 10.02%, with a market capitalization of 7.719 billion [2]. - Kuaike Intelligent (603203) increased by 10.01%, with a market cap of 9.063 billion [2]. - Yingweike (002837) saw a 10% rise, reaching a market value of 101.4 billion [2]. - Longpan Technology (603906) increased by 8.26%, with a market cap of 14.3 billion [2]. - Qiangrui Technology (301128) rose by 8.1%, valued at 9.827 billion [2]. - Shuguang Digital Innovation (920808) increased by 7.21%, with a market cap of 15.2 billion [2]. - Six other companies, including Siquan New Materials (301489) and Chuanhuan Technology (300547), also showed notable increases ranging from 6.16% to 6.83% [2]. Group 2: Year-to-Date Performance - Yidong Electronics (301123) has seen a year-to-date increase of 248.27% [2]. - Siquan New Materials (301489) has experienced a remarkable year-to-date growth of 318.22% [2]. - Rongyi Precision (920223) has a year-to-date increase of 184.48% [2]. - Yingweike (002837) has shown a year-to-date growth of 236.20% [2]. - Other companies like Chuanrun Co., Ltd. (002272) and Longpan Technology (603906) have also reported significant year-to-date increases of 61.62% and 101.16%, respectively [2].

Group 1 - The lithium battery industry chain has seen a continuous increase in demand since December, driven by the energy storage sector, leading to price hikes across multiple segments [1] - Prices for lithium hexafluorophosphate, VC additive (ethylene carbonate), and FEC (fluoroethylene carbonate) are on the rise due to an expanding supply-demand gap [1] - Several lithium iron phosphate companies have announced price increases, with Suzhou Dejia Energy Technology Co., Ltd. planning a 15% price hike for its battery products starting December 16 [1] Group 2 - EVE Energy is planning to build a nearly 30GWh cylindrical battery factory near BMW's plant in Hungary, expected to be operational by 2026 [2] - The new generation BMW iX3, equipped with EVE Energy's cylindrical battery, achieved a real-world range of 1007.7 km, surpassing the official WLTP range of 805 km [2] - The lithium iron phosphate market is projected to see significant demand growth, with production expected to rise from 3.9 million tons in 2025 to 5.8 million tons by 2026 [2] Group 3 - As of December 22, 2025, the battery ETF has seen a significant growth of 1.05 billion yuan in scale over the past week [3] - The battery ETF has also experienced a substantial increase in shares, with a growth of 19.46 billion shares over the past three months [3] - The storage battery ETF has surged over 2%, with constituent stocks like Tongfei Co. and Penghui Energy showing notable gains [3] Group 4 - The battery ETF (159755) closely tracks the National Index for New Energy Vehicle Batteries, focusing on the electric vehicle battery industry chain [4] - The storage battery ETF (Guangfa, 159305) tracks the National Index for New Energy Batteries, emphasizing the storage battery sector and selecting 50 stocks with high market capitalization and liquidity [4]

Group 1 - The core transaction involved 82,000 shares of Shenling Environment, with a total transaction value of 4.6888 million yuan, representing 0.67% of the total trading volume for the day [1][2] - The transaction price was 57.18 yuan per share, which is a discount of 2.01% compared to the market closing price of 58.35 yuan [1][2] - The buyer was CITIC Securities Co., Ltd., while the seller was China Galaxy Securities Co., Ltd. [2]

Core Viewpoint - The Chengfei concept stock increased by 1.59%, ranking 8th among concept sectors, with 28 stocks rising and notable gains from Beimo Gaoke, Guanglian Aviation, and Zhonghang Heavy Industry [1][5]. Market Performance - The Chengfei concept sector saw a net inflow of 348 million yuan, with 22 stocks receiving net inflows, and 6 stocks exceeding 50 million yuan in net inflow [2][6]. - The top net inflow stock was Zhonghang Heavy Industry, with a net inflow of 423 million yuan, followed by Huali Chuangtong and Beimo Gaoke [2][6]. Stock Performance - Notable gainers included Beimo Gaoke (10.01%), Guanglian Aviation (8.50%), and Zhonghang Heavy Industry (6.68%) [3][8]. - The stocks with the highest net inflow ratios were Beimo Gaoke (21.95%), *ST Zhisheng (17.45%), and Zhonghang Heavy Industry (16.56%) [3][7]. Decliners - The stocks with the largest declines included Shenling Environment (-3.96%), Aerospace Morning Light (-3.48%), and Guolan Testing (-2.31%) [1][5].