经济观察网2026年1月30日，美利信（301307）发布2025年度业绩预告，预计2025年净利润亏损4.55亿 元至6.8亿元，同比下降177.72%至315.05%；扣除非经常性损益后的净利润亏损4.65亿元至6.9亿元，同 比下降167.44%至296.85%。 ...

智通财经APP讯，美利信(301307.SZ)披露2025年度业绩预告，公司预计归属于上市公司股东的净亏损 4.55亿元至6.8亿元，扣除非经常性损益后的净亏损4.65亿元至6.9亿元。 ...

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：301307 证券简称：美利信 公告编号：2026-002 重庆美利信科技股份有限公司 关于对外担保的进展公告 一、担保情况概述 重庆美利信科技股份有限公司（以下简称"公司"）于2025年4月18日召开第 二届董事会第十二次会议，审议通过《关于2025年度公司及子公司向金融机构申 请综合授信额度及提供担保并接受关联方担保的议案》，同意公司及全资子公司 襄阳美利信科技有限责任公司、重庆广澄模具有限责任公司、重庆市鼎喜实业有 限责任公司、安徽美利信智能科技有限公司和美利信科技国际有限公司拟向金融 机构申请不超过419,000.00万元的综合授信额度，主要用于公司日常生产运营。 在上述综合授信额度内，公司为子公司金融机构授信金额提供担保，合计担保额 度不超过人民币175,000.00万元。具体担保授信金额及方式以最终签订的协议为 准，有效期自公司2024年年度股东大会审议通过之日起2025年年度股东大会召开 之日止。具体内容详见公司披露于巨潮资讯网（http://www.cninfo.com.cn）的《 关于 ...

南财智讯1月30日电，美利信发布年度业绩预告，预计2025年全年归属于上市公司股东的净利润为亏损 45,500.00万元—68,000.00万元，同比预减177.72%—315.05%；预计2025年全年归属于上市公司股东的 扣除非经常性损益的净利润为亏损46,500.00万元—69,000.00万元。报告期内，公司汽车领域业务收入稳 步增长，通信领域业务收入保持相对稳定，但受安徽公司及美国新工厂投产初期产能爬坡、原材料价格 上涨、客户降价压力等因素影响，公司销售毛利率下降，叠加规模扩张带来的管理费用增加及持续加大 研发投入的影响，致使公司整体经营利润较上年同期出现明显下滑；公司结合实际经营情况及行业市场 变化等影响，根据《企业会计准则》相关规定，公司预计对可能发生资产减值损失的各项资产计提资产 减值准备；报告期内，预计非经常性损益对公司净利润的影响金额约为1,000万元。 ...

重庆美利信科技股份有限公司 2025 年度业绩预告 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、本期业绩预计情况 1、业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日 | 项目 | 本报告期 | | 上年同期 | | --- | --- | --- | --- | | 归属于上市公司股东的净利润 | 亏损：45,500.00 | 万元 ~68,000.00 万元 | 万元 亏损：16,383.58 | | | 比上年同期下降:177.72% | ~315.05% | | | 扣除非经常性损益后的净利润 | 亏损：46,500.00 | 万元 万元 ~ 69,000.00 | 亏损：17,386.89 万元 | | | 比上年同期下降:167.44% | ~ 296.85% | | 证券代码：301307 证券简称：美利信 公告编号：2026-001 二、业绩预告预审计情况 本次业绩预告相关数据是公司财务部门初步测算的结果，未经会计师事务所 审计。公司已就业绩预告有关事项与年报审计会计师事务所进行了预沟通，公司 与会计师事务 ...

Investment Rating - The industry investment rating is "Overweight" and has been maintained from the previous rating [9]. Core Insights - Liquid cooling technology is expected to become the mainstream cooling solution for AIDC due to the increasing demand for AI computing power and the rising power density of server cabinets, which traditional air cooling cannot meet [6][24]. - The global data center liquid cooling component market is projected to reach $15.7 billion by 2027, with a CAGR of 35% from 2025 to 2027 [7][37]. - Automotive parts suppliers are expected to become upstream component suppliers for liquid cooling systems, with several companies having Tier 1 supply capabilities [8]. Summary by Sections AIDC Liquid Cooling Industry Chain and Core Components - The current mainstream solution is cold plate liquid cooling, while immersion liquid cooling offers better efficiency but is limited by high coolant costs [7][29]. - Key components for upgrading include CDU, liquid cooling plates, manifolds, and UQDs, which have a higher value proportion [7][8]. Investment Opportunities for Automotive Parts Suppliers - Automotive parts companies can leverage existing customer bases and strong business capabilities to collaborate with Taiwanese and local manufacturers in the liquid cooling supply chain [8]. - Recommended companies include Yinlun, Minth Group, Feilong, Meilixin, Chuanhuan Technology, Zhongding, Xiangxin Technology, Sulian Technology, and Pengling [8]. Liquid Cooling Technology as the Mainstream Cooling Solution - The average power density of server cabinets is expected to exceed 25 kW by 2025, making traditional air cooling inadequate [24]. - Liquid cooling can achieve a PUE of less than 1.25, aligning with policy directives for energy efficiency [6][19]. Market Size and Growth Projections - The global data center market is projected to reach $128.9 billion by 2025, with a CAGR of 13% from 2019 to 2025 [13]. - The penetration rate of liquid cooling systems in data centers is expected to grow to 30% by 2027 [41]. Key Components and Their Evolution - The evolution of liquid cooling components, particularly the liquid cooling plates and UQDs, is driven by the increasing power requirements of GPUs, with significant upgrades expected in the next generation of GPUs [46][48]. - The design of CDU is also evolving to enhance heat exchange efficiency and prevent leaks, which are critical for the industry's advancement [61][66].

Core Viewpoint - Meili Xin (301307) is a qualified supplier for leading semiconductor companies, providing major components for semiconductor equipment, with expanding cooperation and positive progress [1] Group 1 - The company is recognized as a qualified supplier in the semiconductor industry [1] - The cooperation scale with clients is gradually increasing [1] - The progress of collaboration with customers is reported to be good [1]

证券之星消息，1月16日通信设备板块较上一交易日上涨0.03%，信科移动领涨。当日上证指数报收于 4101.91，下跌0.26%。深证成指报收于14281.08，下跌0.18%。通信设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 688387 | 信科移动 | 19.81 | 11.54% | 212.61万 | | 41.20亿 | | 002796 | 世嘉科技 | 43.45 | 10.00% | 24.03万 | | 10.17亿 | | 600198 | 大唐电信 | 12.13 | 9.97% | 122.19万 | | 13.96 Z | | 301307 | 美利信 | 37.49 | 9.75% | 17.52万 | | 6.30亿 | | 300555 | ST路通 | 16.02 | 7.30% | 6.02万 | | 9365.40万 | | 301205 | 联特科技 | 209.44 | 6.31% | 13.49万 | | ...

Group 1 - The core viewpoint of the news is that Meilixin's stock price increased by 5.27% to 35.96 CNY per share, with a trading volume of 322 million CNY and a turnover rate of 8.50%, resulting in a total market capitalization of 7.573 billion CNY [1] - Meilixin Technology Co., Ltd. is located in Banan District, Chongqing, and was established on May 14, 2001, with its listing date on April 24, 2023 [1] - The company's main business involves the research, production, and sales of aluminum alloy precision die-casting parts in the communication and automotive sectors, with revenue composition as follows: automotive parts 64.79%, communication components 29.88%, other supplementary parts 3.84%, and other components 1.49% [1] Group 2 - Among the top ten circulating shareholders of Meilixin, Penghua Fund's carbon neutrality theme mixed fund A (016530) entered the list in the third quarter, holding 1.7533 million shares, accounting for 1.61% of the circulating shares, with an estimated floating profit of approximately 3.1559 million CNY [2] - The Penghua carbon neutrality theme mixed fund A (016530) was established on May 5, 2023, with a latest scale of 2.83 billion CNY, and has achieved a return of 0.57% this year, ranking 7940 out of 8847 in its category; over the past year, it has returned 65.98%, ranking 1005 out of 8094; and since its inception, it has returned 108.17% [2]

Core Viewpoint - The company, Meilixin Technology Co., Ltd., is strategically positioning itself in the liquid cooling sector to meet the growing demand for efficient heat dissipation driven by the explosive growth in global data centers, high-performance computing, and artificial intelligence [2] Company Overview - Meilixin was established on May 14, 2001, and went public on April 24, 2023. The company specializes in the research, production, and sales of aluminum alloy precision die-casting parts in the communication and automotive sectors [7] - The revenue composition of the company is as follows: automotive components 64.79%, communication structural parts 29.88%, and other components 5.33% [7] Business Strategy - The company has established a strategic focus on liquid cooling technology, which is applicable in three main areas: new energy vehicles, communication heat dissipation, and data centers. This initiative aims to provide customized solutions to meet market demands for efficient cooling [2] - Meilixin is a core supplier of aluminum alloy precision die-casting parts for major communication equipment manufacturers, including Huawei and Ericsson, making it one of the most competitive companies in this field [3] Financial Performance - As of September 30, 2025, Meilixin reported a revenue of 2.82 billion yuan, representing a year-on-year growth of 8.93%. However, the net profit attributable to shareholders was -215 million yuan, a significant decrease of 347.98% compared to the previous year [8] - The company has distributed a total of 25.27 million yuan in dividends since its A-share listing [9] Shareholder Information - As of September 30, 2025, the number of shareholders for Meilixin was 17,800, a decrease of 9.35% from the previous period. The average number of circulating shares per person increased by 10.32% to 6,108 shares [8]