Core Viewpoint - The announcement by Jinfut Technology regarding its product being used in the B200 chip led to a significant surge in its stock price, which later experienced a sharp decline. Group 1: Stock Performance - On October 28, Jinfut Technology's stock price surged to a limit-up of 20%, closing at 8.68 yuan per share [1][2] - Following the announcement, the stock price dropped over 8% on October 29, closing at 7.95 yuan per share [2][4] Group 2: Product Announcement - Jinfut Technology announced that its custom-developed 0.08mm fin heat sink architecture has received an order for use in the liquid cooling system of the B200 chip [4][5] - The architecture utilizes the latest MLCP (Microchannel Liquid Cooling Plate) technology, effectively addressing the thermal issues of processors with a TDP of 1800W-2000W and above [4][5] Group 3: Future Plans and Technology - The company plans to deepen technical cooperation with leading global GPU companies and their ODM partners, ensuring reliability verification before mass production of the GB300 chip [5] - Jinfut Technology aims to enhance research and development investments in microchannel cooling plate architecture and manufacturing processes to improve cooling efficiency for higher power chips [5] Group 4: Company Background and Financials - Jinfut Technology has been engaged in the research, manufacturing, and sales of precision electronic components, LCD modules, and automation equipment, serving various industries including consumer electronics and new energy [8] - The company has reported losses for four consecutive years from 2021 to 2024, with a net profit loss of 1.15 billion yuan in the first half of 2025 [8]
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