冰轮环境分析师会议-20250528

Group 1: Research Basic Information - The research object is Icewheel Environment, belonging to the general equipment industry, with a reception time of May 28, 2025, and the listed company's reception staff is the board secretary, Sun Xiuxin [17] Group 2: Detailed Research Institutions - The research institutions include CICC (securities company, with relevant personnel Zhang Jiemin and Yan Jia), Orient Asset Management (financial asset management company, with relevant personnel Li Jiang), and Guoshou Anbao Fund (fund management company, with relevant personnel Jiang Shaozheng and Xiao Jiaqi) [18] Group 3: Main Research Content - Discussed part of the data in the company's 2024 annual report and Q1 2025 report [24] - Discussed the company's business and industrial sectors. The main products are compressors and heat exchange devices, with functions of "cooling", "heating", and "pressurizing". The company has a mature magnetic levitation compressor product supplied in batches for many years and was applied in the Beijing Winter Olympics venues. The customer industries cover various fields such as commercial refrigeration systems, industrial refrigeration systems, commercial comfort air - conditioning, industrial special air - conditioning, energy utilization, casting, and industrial intelligence [25] - Discussed the company's product applications in data centers. The company's Dunham - Bush and Heat Exchange Technology companies provide cooling equipment such as cold source equipment and heat exchange devices for data centers. Two products were included in the MIIT's catalog, and the company has served many domestic and overseas data center projects, with overseas manufacturing bases in tactical expansion [26][27] - Discussed the company's products for the nuclear power industry. With the recent signal of accelerated nuclear power construction, the company has developed a series of innovative technologies for core scenarios such as nuclear island cooling and nuclear energy heating, and its subsidiaries have rich experience and successful cases [28] - Discussed the company's products for controlled nuclear fusion. The company developed a cryogenic helium compressor in 2016 and has supplied it to many research institutions for major national frontier science and technology research projects [29]