DAYUAN PUMP(SH:603757) Zhong Guo Zheng Quan Bao·2025-08-11 21:18Core Viewpoint - The liquid cooling technology is poised for explosive growth as AI server power consumption surges, positioning liquid cooling pumps as the "heart" of these systems, crucial for stability and energy efficiency [1][2]. Industry Overview - The demand for liquid cooling technology is increasing due to the limitations of traditional air cooling in efficiency and energy consumption, with liquid cooling expected to become a standard in data centers, reducing PUE (Power Usage Effectiveness) to below 1.1 [2]. - The market for liquid cooling is expanding rapidly, driven by the growth in sectors such as new energy vehicles, energy storage, and computing power [2]. Company Insights - The company, Dayuan Pump Industry, has 35 years of experience in pump products and has developed a unique secondary pressure structure design for its high-end shielded pumps, ensuring zero leakage of hazardous media [2][3]. - In 2024, the company's liquid cooling temperature control business is projected to achieve approximately 90 million yuan in revenue, representing over 80% year-on-year growth, and has successfully entered the supply chains of major clients like ZTE and Inspur [2][3]. - The company has established independent sales and technical teams to respond quickly to customer needs, emphasizing collaboration and iterative development of solutions [3]. Strategic Direction - The company aims to transition from a traditional manufacturing entity to a modern industrial brand with global influence, focusing on high-quality products and avoiding price wars [3][5]. - Plans include increasing investment in technology research and development, optimizing liquid cooling pump solutions, and narrowing the gap with international brands through craftsmanship [5]. - The company has established a subsidiary in Singapore and plans to set up a factory in Thailand, aiming to enhance its service and sales network in Europe and explore emerging markets in the Middle East and Central Asia [5]. Future Aspirations - The company envisions becoming an indispensable player in the global market for liquid cooling technology as it becomes a standard configuration in data centers, leveraging its strong technical foundation and strategic foresight [5].