行业跟踪：先进制造产业链核心数据跟踪

Investment Rating - The report provides an industry investment rating based on the expected relative returns of the industry compared to the market benchmark index over the next six months [10]. Core Insights - The report highlights a significant growth opportunity in the liquid cooling server market, with a projected compound annual growth rate (CAGR) of 54.7% from 2022 to 2027, reaching a market size of $8.9 billion by 2027 [3]. - The report notes that the mechanical equipment sector performed well, with several stocks hitting the daily limit up, indicating strong investor interest [2]. - The report emphasizes the advantages of liquid cooling technology, including low energy consumption, high heat dissipation efficiency, and reduced noise, which are driving its adoption in data centers [3]. Summary by Sections Market Performance - The Shanghai Composite Index rose by 1.27%, with the mechanical equipment sector leading the gains at 1.67% [2]. - Notable stocks in the mechanical equipment sector included Anke Technology, Guangzhi Technology, and Yingtai Technology, with increases of 15.90%, 12.18%, and 11.88% respectively [2]. Industry News - China Telecom is planning to build a large-scale liquid cooling cluster in Shanghai, capable of supporting trillion-parameter model training, marking a significant advancement in domestic computing capabilities [3]. - The report indicates that the trend towards larger and more centralized data centers will further enhance the cost-effectiveness of liquid cooling solutions, which are expected to reduce costs by 5-10% annually [3].