FLAC(SZ:002536) Zheng Quan Ri Bao Wang·2025-08-12 11:45Core Insights - Feilong Automotive Components Co., Ltd. is transitioning from traditional automotive thermal management to non-automotive sectors, focusing on liquid cooling solutions for data centers and other applications [1][7][8] Company Overview - Founded in 1952, Feilong has over 70 years of experience in developing and manufacturing automotive thermal management components [1] - The company has shifted its focus since 2017 to expand into non-automotive markets, enhancing its growth trajectory [1] Product Development - The electronic pump and temperature control valve series are widely used in automotive, server liquid cooling, data centers, AI cooling, robotics, and 5G base stations [7] - A new subsidiary, Anhui Hangyi Technology Co., Ltd., was established to specialize in non-automotive liquid cooling pump development, particularly for data centers [7] Market Expansion - Feilong has established connections with 80 clients in the liquid cooling sector, with over 120 ongoing projects, some of which are already in mass production [7] - The company has four production lines in the liquid cooling field, with an annual capacity of up to 1.2 million units [7] International Strategy - A subsidiary in Thailand, Longtai Automotive Components (Thailand) Co., Ltd., has commenced trial production, serving as a strategic point for global expansion [7] Future Outlook - The company anticipates improved revenue in the second half of the year due to increasing orders for new energy vehicle integrated modules and growing production in the liquid cooling sector [8] - Feilong aims to solidify its automotive thermal management business while expanding into server liquid cooling and data center applications, with a focus on integrating thermal management technology with robotics [8]