4月22日，上证指数上涨0.25%，深证成指下跌0.36%，创业板指下跌0.82%。盘后龙虎榜数据显示，共 有52只个股因当日异动登上龙虎榜，资金净流入最多的是中油资本（000617.SZ），达2.25亿元。 据21投资通智能监测，21只个股龙虎榜出现了机构的身影，北向资金参与龙虎榜中的个股共涉及10只。 2.25亿资金抢筹中油资本，3.11亿资金出逃英维克 52只上榜的龙虎榜个股中，30只个股被净买入，22只个股被净卖出。其中，资金净买入最多的是中油资 本，达2.25亿元，占总成交金额的7.51%。中油资本当日收盘上涨10.03%，换手率为3.1%。 | 泰木股份 | 8.28% | 3 | 0 | 2117 | 3.9% | 51.1% | | --- | --- | --- | --- | --- | --- | --- | | 中油资本 | 10.03% | 1 | 2 | 962 | 0.32% | 3.1% | | 优博讯 | 20% | 1 | 2 | 365 | 1.2% | 6.57% | | 西陇科学 | 10.05% | 2 | 3 | 337 | 0.29% | 28.39% | | ...

Market Performance - As of April 22, Nvidia concept stocks fell by 1.48%, ranking among the top declines in the concept sector, with stocks like Yingweike hitting the daily limit down, while stocks such as Guangxian Media, Shenghong Technology, and Maigemeite also saw significant declines [1] - The top gainers in the market included Ninebot Company, Aoni Electronics, and Advanced Digital Communication, which rose by 4.62%, 3.23%, and 2.89% respectively [1] Capital Flow - The Nvidia concept sector experienced a net outflow of 2.77 billion yuan, with 44 stocks seeing net outflows, and 6 stocks exceeding 100 million yuan in outflows [1] - Guangxian Media led the outflow with a net withdrawal of 1.11 billion yuan, followed by Shenghong Technology, Yingweike, and Maigemeite with net outflows of 529 million yuan, 246 million yuan, and 182 million yuan respectively [1] Stock Performance - The stocks with the largest net outflows in the Nvidia concept included Guangxian Media (-9.23%), Shenghong Technology (-7.28%), Yingweike (-9.99%), and Maigemeite (-5.11%) [2] - Conversely, stocks with net inflows included Aobi Zhongguang, Guangdian Yuntong, and Yangjie Technology, with inflows of 82.51 million yuan, 34.59 million yuan, and 18.91 million yuan respectively [3]

Core Viewpoint - The A-share market continues to exhibit a divergent pattern, with policy-driven sectors and increased demand for safe-haven assets being highlights, while external disturbances and adjustments in the technology sector underscore a cautious market sentiment [6]. Group 1: Index Performance - The A-share market showed continued index divergence, with the Shanghai Composite Index closing up 0.25% at 3299.76 points, successfully maintaining above the 3300-point mark; the Shenzhen Component Index fell 0.36% to 9870.05 points; and the ChiNext Index declined by 0.82% to 1928.43 points [2]. - The total trading volume of the two markets reached 1.09 trillion yuan, an increase of 48.6 billion yuan compared to the previous trading day, indicating sustained market activity [2]. Group 2: Sector Performance - Sectors with notable gains today exhibited clear policy-driven and safe-haven characteristics, with the supply and marketing cooperative concept rising by 4.28%, the unified market increasing by 4.13%, and cross-border payment up by 3.98% [3]. - The cross-border payment sector benefited from the "Shanghai International Financial Center Cross-Border Financial Service Facilitation Action Plan," with stocks like New Morning Technology hitting a 20% limit up [3]. - The gold and precious metals sector saw gains due to international gold prices surpassing $3500 per ounce, reflecting significant market demand for safe-haven assets [3]. - Conversely, the computing power and AI application sectors showed weakness, with stocks like Yingweike hitting a limit down due to profit-taking, indicating a withdrawal of funds from overvalued tech stocks [3]. - The consumer electronics sector was pressured by declines in U.S. tech stocks, with Luxshare Precision falling by 3%, reflecting broader market concerns regarding the tech industry's profitability and macroeconomic changes [3]. Group 3: Adjustment Drivers - The market's decline today was primarily driven by profit-taking pressures in previously high-performing tech growth sectors, particularly in computing power and AI applications, where a lack of new major positive stimuli led to a preference for cashing out [4]. - Uncertainties regarding macroeconomic data and policy expectations contributed to a cautious investment approach, despite some policies providing clear boosts to specific sectors [4]. - The influence of international markets, particularly fluctuations in U.S. tech stocks, exacerbated the divergence in the A-share market [4].

今日， A 股市场延续近期震荡格局，三大指数涨跌不一，两市成交额 维持 万亿元 以上 。 一、指数表现： 各大指数继续分化 在黄金与贵金属板块，由于国际金价突破 3500 美元 / 盎司创历史新高， 四川黄金、西部黄 金 等相关个股上涨，反映出市场避险需求显著。 然而，市场并非普涨格局。算力与 AI 应用板块表现弱势，英维克 因业绩 跌停， AI 软件类板 块回调，反映资金从高估值科技股撤离。 消费电子板块受美股科技股拖累，立讯精密跌 3% ，板块整体承压。这些板块的下跌，一方面 是由于前期涨幅较大，存在回调需求；另一方面，也与市场对科技行业的盈利预期和宏观环境 变化有关。 三 、调整动因：获利回吐与内外压力并存 今日市场下跌的原因主要有以下几点： 一是科技成长 板块前期 积累了较大涨幅， 获利盘回吐压力较大，如算力与 AI 应用等板块， 在缺乏新的重大利好刺激下，资金选择落袋为安。 二是宏观经济数据及政策预期的不确定性， 尽管部分政策对部分板块有明显刺激，但整体市场 对于经济复苏的节奏和力度仍存在担忧，这使得投资者在配置上更为谨慎。 今日， A 股市场 继续 呈现出指数分化。截至收盘，沪指低开高走，最终收涨 ...

Group 1 - The China AI 50 concept index declined by 2.09%, ranking among the top declines in concept sectors, with major declines seen in stocks like Yingweike, Weichai Heavy Industry, and Fanwei Network [1] - Among the China AI 50 concept stocks, only two stocks saw price increases, with North Huachuang rising by 1.20% and China Mobile by 0.01% [1] - The concept sector experienced a net outflow of 2.71 billion yuan, with 44 stocks seeing net outflows, and 13 stocks experiencing outflows exceeding 100 million yuan, led by Yingweike with a net outflow of 247 million yuan [1][2] Group 2 - The top stocks with significant net outflows included ZTE Corporation, SMIC, and Magmi Tech, with net outflows of 219 million yuan, 198 million yuan, and 182 million yuan respectively [1][2] - Conversely, the stocks with the highest net inflows included Haiguang Information, North Huachuang, and Keda Xunfei, with net inflows of 53.94 million yuan, 50.36 million yuan, and 44.28 million yuan respectively [3]

Core Viewpoint - The company reported strong financial performance for 2024 and Q1 2025, with significant revenue and profit growth despite some accounting policy changes affecting gross margin [1][2][3]. Financial Performance - In 2024, the company achieved revenue of 4.589 billion yuan, a year-on-year increase of 30.04%, and a net profit attributable to shareholders of 453 million yuan, up 31.59% [1]. - For Q1 2025, the company reported revenue of 933 million yuan, a year-on-year growth of 25.07%, but a net profit of 48 million yuan, which represents a decline of 22.53% [1]. Operational Analysis - The company experienced rapid growth in its business, particularly in energy-saving temperature control products for data centers, driven by industry opportunities [2]. - A change in accounting policy led to a decrease in gross margin by approximately 2.36% due to the reclassification of after-sales service costs into product costs [2]. - The company's share-based payment expenses in 2024 amounted to 37.77 million yuan, impacting net profit attributable to shareholders by 32.11 million yuan [2]. Business Expansion - The company has accelerated its liquid cooling business, leveraging AI advancements that increase heat density in data center equipment [3]. - The company introduced the Coolinside full-chain liquid cooling solution, covering all aspects from cold plates to cooling sources, with liquid cooling-related revenue from data centers reaching approximately 300 million yuan in 2024 [3]. - Cumulative deliveries in the liquid cooling chain reached 1.2 GW by March 2025 [3]. Client Acquisition - The company has successfully expanded its client base, providing energy-efficient cooling products to major data center operators such as ByteDance, Tencent, Alibaba, and China Mobile [4]. - The Coolinside solution was validated by Intel as part of its liquid cooling innovation acceleration plan [4]. - The company’s UQD product was included in NVIDIA's MGX ecosystem partner list, indicating successful overseas client expansion [4]. Profit Forecast and Valuation - Revenue projections for 2025-2027 are estimated at 6.372 billion, 8.214 billion, and 10.316 billion yuan, with net profits of 732 million, 953 million, and 1.223 billion yuan respectively [5]. - Corresponding price-to-earnings ratios are forecasted at 35, 27, and 21 times for the respective years [5].

A股东数西算概念股盘中持续下跌，英维克跌停，光环新网跌超5%，杭钢股份、云赛智联、奥飞数据 等个股跟跌。 ...

Group 1 - The concept stocks related to liquid cooling servers experienced a decline at the market opening, with Invec (002837) hitting the daily limit down [1] - Chuanhuan Technology (300547) fell over 8%, indicating significant market pressure on this sector [1] - Other companies such as Strong瑞 Technology (301128), Rihai Intelligent (002313), and Shenling Environment (301018) also saw declines, reflecting a broader trend in the industry [1]

Summary of Key Points Core Viewpoint The report outlines the fundraising activities and financial management of Shenzhen Invek Technology Co., Ltd. for the year 2024, detailing the total amount raised, its allocation, and compliance with regulatory requirements. Group 1: Fundraising Overview - The company raised a total of RMB 308,999,851.52 through a non-public stock issuance of 12,079,744 shares at a price of RMB 25.58 per share, with a net amount of RMB 302,412,589.12 after deducting issuance costs [1][2]. - The funds have been deposited into a special account as verified by an audit report from Lixin Accounting Firm [1]. Group 2: Fund Management and Usage - The company has established a fundraising management system in compliance with relevant laws and regulations, including a tripartite supervision agreement with its sponsor and banks [2][3]. - As of December 31, 2024, the company utilized approximately RMB 202.41 million for its precision temperature control energy-saving equipment project, with all funds used as per regulations [3][11]. Group 3: Fund Allocation and Returns - The company replaced RMB 46,118,648.78 of self-raised funds with the raised funds for previously invested projects and RMB 1,066,037.73 for issuance costs [4][7]. - The company reported no idle funds used for temporary working capital, and all funds raised have been fully utilized by the end of 2024 [8][11]. Group 4: Financial Performance and Profit Distribution - The company plans to distribute a cash dividend of RMB 2 per share, totaling RMB 148,893,316.80, and to increase its capital stock by 223,339,975 shares through capital reserve conversion [27][28]. - The profit distribution plan aligns with the company's commitment to shareholder returns and complies with regulatory requirements [28][29]. Group 5: Stock Option Management - The company has approved the cancellation of 310,180 stock options due to the departure of certain employees and non-fulfillment of performance criteria [38][40]. - The cancellation will not impact the overall stock option incentive plan or the company's financial performance [40][42]. Group 6: Credit Facility Application - The company intends to apply for a comprehensive credit facility of up to RMB 638,500 million from financial institutions to support its operational needs [49][51]. - This credit facility is expected to enhance the company's financial stability and reduce financing costs [51].

深圳市英维克科技股份有限公司 2024 年年度财务报告全文 深圳市英维克科技股份有限公司 深圳市英维克科技股份有限公司 2024 年年度财务报告全文 2024 年年度财务报告 2025 年 4 月 1 一、审计报告 | 审计意见类型 | 标准的无保留意见 | | --- | --- | | 审计报告签署日期 | 2025 年 04 月 19 日 | | 审计机构名称 | 立信会计师事务所（特殊普通合伙） | | 审计报告文号 | 信会师报字[2025]第 ZI10245 号 | | 注册会计师姓名 | 付忠伟、杨艳 | 审计报告正文 深圳市英维克科技股份有限公司全体股东： 一、审计意见 我们审计了深圳市英维克科技股份有限公司（以下简称英维克）财务报表，包括 2024 年 12 月 31 日的合并及母公 司资产负债表，2024 年度的合并及母公司利润表、合并及母公司现金流量表、合并及母公司所有者权益变动表以及相关 财务报表附注。 关键审计事项是我们根据职业判断，认为对本期财务报表审计最为重要的事项。这些事项的应对以对财务报表整 体进行审计并形成审计意见为背景，我们不对这些事项单独发表意见。 我们认为，后附的财务 ...