FLAC(SZ:002536) Zheng Quan Ri Bao Wang·2025-06-20 12:44Core Viewpoint - Feilong Automotive Parts Co., Ltd. is leveraging its advantages in automotive thermal management to expand into the server liquid cooling market, aiming to enhance profitability and capture market share [1][2]. Group 1: Company Strategy and Market Position - The company has transitioned from automotive thermal management to the server liquid cooling sector, utilizing its expertise in electronic water pumps and temperature control valves [1][2]. - Feilong has established connections with approximately 70 targeted clients in the server liquid cooling field, with over 100 ongoing projects, some of which are already in mass production [1][2]. - The company is actively expanding its production capacity and exploring international markets, including a new production facility in Thailand expected to start trial production by the end of June [2][3]. Group 2: Market Growth and Opportunities - The liquid cooling technology is gaining traction due to the rapid growth of the computing power market, with IDC forecasting a compound annual growth rate of 46.8% for China's liquid cooling server market from 2024 to 2029, reaching a market size of $16.2 billion by 2029 [1]. - Feilong's recent increase in orders for civilian sector products indicates a positive growth trajectory, with expectations for continued growth in customer base and orders over the next two years [3]. - The company has made significant market breakthroughs by securing orders from a globally recognized power electronics and energy management solutions provider, marking a key advancement in the high-power water pump sector [3].