永贵电器：卡位液冷UQD赛道，剑指百亿算力蓝海市场

Core Insights - The rapid growth of AI computing power has led to an explosive demand for data center cooling solutions, with liquid cooling becoming essential due to the limitations of traditional air cooling [1][2] - The liquid cooling market is projected to reach $1.26 billion in China by mid-2024, marking a year-on-year increase of 98.3%, highlighting the dual drivers of computing power demand and cooling technology [2][3] - The introduction of the Universal Quick Disconnect (UQD) connector is crucial for the liquid cooling system, addressing the challenges of cross-brand compatibility and sealing reliability [2][4] Industry Overview - The liquid cooling market is experiencing significant growth, with NVIDIA's liquid cooling market expected to reach $12 billion by 2026, indicating a substantial opportunity for UQD, which is estimated to capture 15% of this market [3] - Domestic liquid cooling connector manufacturers are positioned to capture over 30% of the global market share due to their advanced technology and cost advantages, which are 30% lower than their Western counterparts [3] Company Analysis - Yonggui Electric has emerged as a key player in the UQD market, leveraging its extensive technical expertise and manufacturing experience in high-end connector markets [4] - The company has made significant progress in the UQD sector, moving from product development to successful customer testing and small-scale shipments, with plans to standardize UQD interfaces for computing servers [4] - Yonggui Electric has secured key customer partnerships and is poised to capitalize on the expanding AI computing market, enhancing its customer validation and supply capabilities [4][5]