格隆汇10月9日｜同星科技(301252.SZ)公告称，公司与杭州柯林、南都物业、上海桦晓熠企业管理合伙 企业(有限合伙)共同向境智具身智能科技(北京)有限公司进行增资参股。同星科技以自有资金人民币700 万元认购目标公司新增注册资本人民币17.50万元，投资完成后，公司直接持有目标公司3.15%的股权。 境智具身智能科技(北京)有限公司，主要研究方向为电力巡查、储能站场、应急安防、高速巡检、城市 交通指挥机器狗，以及智能座舱连接等。致力成为电力能源、应急安防、交通高速、汽车行业具身应用 领域的专家。 ...

同星科技公告，公司以自有资金700万元认购境智具身智能科技（北京）有限公司新增注册资本17.5万 元，投资完成后，公司直接持有目标公司3.15%的股权。此次投资不构成关联交易，也不构成《上市公 司重大资产重组管理办法》规定的重大资产重组情况。 ...

浙江同星科技股份有限公司 关于对外投资的公告 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。 证券代码：301252 证券简称：同星科技 公告编号：2025-040 一、对外投资概述 根据公司战略发展的需要，浙江同星科技股份有限公司（以下简称"公司"或"同 星科技"），与杭州柯林电气股份有限公司（以下简称"杭州柯林"）、南都物业服务 集团股份有限公司（以下简称"南都物业"）、上海桦晓熠企业管理合伙企业（有限合 伙）（以下简称"桦晓熠"，与上述公司单独或合称"投资人"）向境智具身智能科技 （北京）有限公司（以下简称"境智具身智能"或"目标公司"）进行增资参股。公司 以自有资金人民币700万元认购目标公司新增注册资本人民币17.50万元，本次投资完成后， 公司直接持有目标公司3.15%的股权。公司和本次其他投资人与目标公司共同签署了《增 资协议》（以下简称"本协议"）。 本次对外投资事项不构成关联交易，也不构成《上市公司重大资产重组管理办法》 规定的重大资产重组情况。根据《深圳证券交易所创业板股票上市规则》《深圳证券交 易所上市公司自律监管指引第2号——创业板上市 ...

Group 1 - Tongxing Technology announced that it accepted a research inquiry from Huaxi Securities on September 25, 2025, with the company secretary Liang Lufang participating in the reception and answering investor questions [1] - The A-share market's total market value has surpassed 116 trillion yuan, marking a significant milestone one year after the "9.24" event [1]

Group 1: Revenue and Client Base - The top five clients account for over 50% of the company's total revenue, indicating potential for further growth in this area [2] - The company is focused on enhancing product and service quality to build trust and demand among clients, aiming to expand market share [2] Group 2: Market Expansion - The company is diversifying its product range and exploring new application fields to enhance core competitiveness and create greater value for both new and existing clients [2] - A production base has been established in Thailand to serve as a key hub for Southeast Asia and global markets, improving local service capabilities and market responsiveness [2] Group 3: Dividend Policy - Since its listing in May 2023, the company has distributed a total dividend of 89 million yuan, representing 30% of the net profit attributable to the listed company [3] - The company plans to continue providing dividend returns to investors in the future [3]

Group 1 - The core viewpoint of the news is that Tongxing Technology's stock has experienced a decline, with significant changes in financing and shareholder metrics [1][2] - On September 23, Tongxing Technology's stock fell by 3.99%, with a trading volume of 160 million yuan, and a net financing outflow of 319.76 million yuan [1] - As of September 23, the total margin balance for Tongxing Technology was 102 million yuan, accounting for 6.88% of its market capitalization, indicating a high level of financing [1] Group 2 - As of August 8, the number of shareholders for Tongxing Technology increased by 8.67% to 14,400, while the average circulating shares per person decreased by 7.98% to 3,291 shares [2] - For the first half of 2025, Tongxing Technology reported a revenue of 620 million yuan, representing a year-on-year growth of 7.98%, while the net profit attributable to shareholders decreased by 9.88% to 68.77 million yuan [2] Group 3 - Since its A-share listing, Tongxing Technology has distributed a total of 89 million yuan in dividends [3]

Market Performance - The home appliance parts sector increased by 2.4% on September 22, with Hongchang Technology leading the gains [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Key Stocks in the Sector - Hongchang Technology (301008) closed at 48.50, up 12.79% with a trading volume of 230,700 shares and a transaction value of 1.042 billion [1] - Shun'an Environment (002011) closed at 14.80, up 8.27% with a trading volume of 706,800 shares and a transaction value of 1.036 billion [1] - Langke Intelligent (300543) closed at 14.03, up 7.35% with a trading volume of 570,800 shares and a transaction value of 809 million [1] - Other notable stocks include Yihua Intelligent Control (002050) with a closing price of 42.97, up 3.17%, and a transaction value of 11.211 billion [1] Capital Flow Analysis - The home appliance parts sector experienced a net outflow of 636 million from institutional investors, while retail investors saw a net inflow of 246 million [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors are actively buying [2] Individual Stock Capital Flow - Hongchang Technology had a net inflow of 88.9775 million from institutional investors, but a net outflow of 8.02678 million from retail investors [3] - Shun'an Environment saw a net inflow of 70.8025 million from institutional investors, with retail investors contributing a small net inflow of 218.24 thousand [3] - Langke Intelligent recorded a net inflow of 58.9313 million from institutional investors, but faced significant outflows from retail investors totaling 4.11554 million [3]

Investment Rating - The report rates the liquid cooling industry as "Overweight," indicating that it is expected to outperform the overall market [3]. Core Insights - The MLCP (Micro-Channel Liquid Cooling Plate) technology is highlighted as an innovative solution to address the cooling challenges posed by ultra-high power chips, with expected power consumption exceeding 2000W [3][5]. - The report emphasizes the importance of micro-channel design, forced convection, and optimized fluid dynamics in achieving high heat exchange efficiency [5]. - Key companies in the industry are recommended for attention, including Jiangshun Technology, Yingweike, and Kangsheng Co., among others, due to their advancements in liquid cooling technology [5]. Summary by Sections Industry Overview - The MLCP technology utilizes micro-scale fluid channels to achieve efficient heat exchange, capable of handling extreme thermal loads [5]. - The manufacturing processes for micro-channels include etching, 3D printing, and stamping, each with its advantages and limitations [5]. Key Companies and Valuations - Jiangshun Technology: Market cap of 48.74 billion, projected net profit of 1.55 billion in 2024 [6]. - Yingweike: Market cap of 756.61 billion, projected net profit of 4.53 billion in 2024 [6]. - Kangsheng Co.: Market cap of 54.89 billion, with a projected net profit of -0.98 billion in 2024 [6]. - Other notable companies include Nanfeng Co., Huazhu High-Tech, and Yinhong Co., with varying market caps and profit projections [6].

Group 1 - The company, Tongxing Technology (301252.SZ), has stated on its interactive platform that it has not yet produced water-cooled plates and heat spreaders [1]

Group 1 - The home appliance parts sector increased by 6.42% on September 16, with Hongchang Technology 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] Group 2 - The net inflow of main funds in the home appliance parts sector was 1.666 billion yuan, while retail funds experienced a net outflow of 923 million yuan [2] - The table shows various companies' fund flows, with Sanhua Intelligent Control seeing a net inflow of 1.078 billion yuan, while Han Yu Group had a net outflow of 54.796 million yuan [2] - Other notable companies include Shunwei Co., with a net inflow of 97.97 million yuan, and Dongbei Group, with a net inflow of 68.3032 million yuan [2]