Summary of Key Points Core Viewpoint - On January 7, several A-share listed companies disclosed their shareholding changes, with some announcing plans to increase their holdings while others indicated intentions to reduce their stakes. Group 1: Shareholding Increases - Zhenxin Technology's directors Yang Zhang, Yang Guoyong, and Mo Ran plan to increase their shareholdings [2] - Anfu Technology's certain directors and senior management intend to increase their holdings by approximately 11.9 million to 13.4 million yuan [2] - Aidi Precision has received a commitment letter for a stock repurchase loan of 180 million yuan from CITIC Bank [2] Group 2: Shareholding Reductions - Yili Group's chairman Pan Gang plans to reduce his holdings by no more than 0.98% [3] - Jiao Cheng Ultrasonic's shareholder Jianlin Management intends to reduce its stake by no more than 1.64% [3] - Tianhe Magnetic Materials' shareholder Nantong Yuanlong plans to reduce its holdings by no more than 3% [3] - New Link Electronics' controlling shareholder intends to reduce its stake by no more than 3% [3] - Beidou Star's certain directors and executives plan to collectively reduce their holdings by no more than 0.012% [3] - Aili Home's shareholders Zexing and Zehui plan to reduce their holdings by no more than 1.8947% [3] - Rutong Co.'s senior management member plans to reduce his holdings by no more than 0.0097% [3] - Hengshang Energy's Qian Lirong plans to reduce his holdings by no more than 1.8384%, and Lu Fengxian plans to reduce by no more than 1% [3] - Saiteng Co.'s shareholders plan to reduce their holdings by no more than 3% [3] - Longhua New Materials' executive Xu Wei plans to reduce his holdings by no more than 0.01% [3] - Six other companies, including Siquan New Materials and Tianhong Co., have also announced various reductions in shareholdings [3]

Summary of Key Points Core Viewpoint - The company Siquan New Materials (301489.SZ) announced a plan for its shareholder, director, and senior management personnel Wu Pan to reduce his holdings in the company by a total of up to 1,444,527 shares, which represents 1.7888% of the company's total share capital [1]. Group 1 - The reduction plan will be executed through centralized bidding or block trading methods [1]. - The implementation period for the share reduction is set from January 29, 2026, to April 28, 2026, starting 15 trading days after the announcement [1].

Group 1 - The core point of the article is that the shareholder, director, and senior management personnel of Sihuan New Materials (301489.SZ), Wu Pan, plans to reduce his shareholding in the company by a total of up to 1.4445 million shares, which accounts for 1.7888% of the company's total share capital [1] Group 2 - The reduction of shares will be executed through centralized bidding or block trading methods [1]

思泉新材（301489）(301489.SZ)公告，公司股东、董事、高级管理人员吴攀计划以集中竞价交易或大 宗交易方式减持公司股份数量合计不超过144.45万股(占公司总股本的1.7888%)。 ...

思泉新材公告，持股5%以上股东、董事兼副总裁吴攀持股577.81万股，占7.1552%，拟于2026年1月29 日至2026年4月28日以集中竞价或大宗交易减持不超144.45万股，占1.7888%，其中集中竞价减持不超公 司总股本1%，减持价不低于首次公开发行价格。 ...

南财智讯1月7日电，思泉新材公告，持股5%以上股东、董事、高级管理人员吴攀计划以集中竞价交易 或大宗交易方式减持公司股份数量合计不超过1,444,527股，即不超过公司股份总数的1.7888%，其中通 过集中竞价交易方式减持不超过公司股份总数的1%，其余通过大宗交易方式进行。减持期间为2026年1 月29日至2026年4月28日，减持原因为自身资金需求，股份来源为公司首次公开发行前已发行及资本公 积转增取得的股份，减持价格将根据减持时二级市场价格确定，且不低于公司首次公开发行价格。本次 减持主体不属于公司控股股东、实际控制人及其一致行动人，不会导致公司控制权发生变更，不会对公 司治理结构及持续经营产生重大影响。减持计划存在实施时间、数量、价格的不确定性，公司将及时披 露进展。 ...

证券代码：301489 证券简称：思泉新材 公告编号：2026-002 广东思泉新材料股份有限公司 | 序号 | 股东名称 | 持有股份总数（股） | 占总股本比例 | | --- | --- | --- | --- | | 1 | 吴攀 | 5,778,108 | 7.1552% | 注：股东吴攀为公司董事、副总裁，其所持公司股份将根据《上市公司董事 和高级管理人员所持本公司股份及其变动管理规则》《深圳证券交易所上市公司 自律监管指引第 10 号——股份变动管理》进行锁定，每年转让的股份不超过本 人直接持有公司股份总数的 25%。 二、本次减持计划的主要内容 关于持股 5%以上股东、董事、高级管理人员吴攀 减持股份预披露公告 持股 5%以上股东、董事、高级管理人员吴攀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。 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： 持有广东思泉新材料股份有限公司（以下简称"公司"）5,778,108 股（占公 司总股本的 7.1552%）的股东、董事、高级管理人员吴攀计划以集中竞价交易或 大宗交易方式减持公司股 ...

Core Viewpoint - The liquid cooling market is experiencing rapid growth, driven by the expansion of downstream industries such as computing power, renewable energy storage, and electric vehicles, indicating a significant future development potential [1] Market Growth Potential - According to Guohai Securities, the liquid cooling market for Nvidia GPUs is expected to reach $11.9 billion by 2026, while the ASIC liquid cooling market is projected to reach $4.6 billion, leading to an overall data center liquid cooling market size of approximately $16.5 billion (around 116.2 billion RMB) [1] - The compound annual growth rate (CAGR) for the liquid cooling market is estimated to be around 59% from 2025 to 2026 [1] Stock Market Performance - In the A-share market, several listed companies have entered the liquid cooling supply chain, becoming crucial support for global AI computing power cooling [1] - As of January 7, liquid cooling concept stocks have averaged a rise of 79.73% since 2025, significantly outperforming the Shanghai Composite Index during the same period [1] - A total of 26 concept stocks have doubled in value, with companies such as Chunzong Technology, Siquan New Materials, Yidong Electronics, Hongsheng Co., and Yingweike seeing increases of over 200% [1]

关于广东思泉新材料股份有限公司 申请向特定对象发行股票的第二轮审核 问询函中有关财务会计问题的专项说明 致同会计师事务所（特殊普通合伙） 致同会计师事务所（特殊普通合伙） 中国北京朝阳区建国门外大街 22 号 赛特广场 5 层邮编 100004 电话 +86 10 8566 5588 传真 +86 10 8566 5120 www.grantthornton.cn 关于广东思泉新材料股份有限公司 申请向特定对象发行股票的第二轮审核问询函中 有关财务会计问题的专项说明 致同专字（2026）第 441A000030 号 深圳证券交易所： 贵所关于《关于广东思泉新材料股份有限公司申请向特定对象发行股票的 第二轮审核问询函》（以下简称反馈意见）收悉。对反馈意见所提财务会计问 题，致同会计师事务所（特殊普通合伙）（以下简称"我们"）对广东思泉新材 料股份有限公司（以下简称"思泉新材""发行人""申请人"或"公司"）相关资料进 行了核查。 本专项说明中 2025 年 1-9 月及 2025 年度的财务数据未经审计，以下所述的 核查程序不构成审计或审阅。按照问询函的要求，基于发行人对问询函相关问 题的说明以及我们对问询函中 ...

关于 广东思泉新材料股份有限公司 2025 年度向特定对象发行股票项目 长城证券股份有限公司 之 上市保荐书 （深圳市福田区福田街道金田路 2026 号能源大厦南塔楼 10-19 层） 二〇二六年一月 广东思泉新材料股份有限公司 上市保荐书 深圳证券交易所： 长城证券股份有限公司接受广东思泉新材料股份有限公司的委托，担任广 东思泉新材料股份有限公司 2025 年度创业板向特定对象发行股票的保荐机构， 为本次发行出具上市保荐书。 保荐机构及指定的保荐代表人根据《中华人民共和国公司法》（以下简称 "《公司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、《上 市公司证券发行注册管理办法》（以下简称"《注册管理办法》"）等有关法律、 法规和中国证券监督管理委员会（以下简称"中国证监会"）、深圳证券交易所 （以下简称"深交所"）的有关规定，诚实守信，勤勉尽责，严格按照依法制订 的业务规则、行业执业规范和道德准则出具上市保荐书，并保证所出具文件的真 实性、准确性和完整性。若因保荐机构为发行人本次发行制作、出具的文件有虚 假记载、误导性陈述或者重大遗漏，给投资者造成损失的，保荐机构将依法赔偿 投资者损失。 3 ...