CRUN(SZ:002272) Mei Ri Jing Ji Xin Wen·2025-08-19 15:11Core Viewpoint - The company, Chuanrun Co., Ltd., reported a significant reduction in losses for the first half of the year, with a focus on its strategic adjustments and new partnerships in the liquid cooling sector [2][5]. Financial Performance - In Q1, the company experienced a revenue increase of 9.44% to 312 million yuan, but reported a net loss of 28 million yuan. In Q2, revenue grew by 37.54% to 492 million yuan, with a slight net profit of 0.4 million yuan [2]. - For the first half of the year, the company projected a net loss between 19 million to 27 million yuan, indicating a potential reduction in losses by 52.29% to 66.43%. The actual reported net loss was 23.57 million yuan, which is a decrease from the previous year's loss of 56.60 million yuan [2][5]. - The company reported a net cash flow from operating activities of approximately 1.41 million yuan, marking a positive turnaround compared to the previous year [2][5]. Shareholder Changes - In Q2 2025, new institutional shareholders, including UBS and Morgan Stanley, entered the top ten shareholders list, with Morgan Stanley increasing its stake by approximately 951,500 shares [4]. Business Developments - The company has been focusing on high-end energy equipment and industrial services, with applications in various sectors such as wind power, nuclear power, and data centers [2]. - Recent strategic initiatives include the launch of a comprehensive liquid cooling solution and a partnership with Xiangjiang Technology, a leading data center infrastructure company [6]. - The stock price of Chuanrun Co., Ltd. has surged by 63.52% over 14 trading days, reflecting positive market sentiment towards its liquid cooling business [6].