6G等未来产业备受关注。 十倍潜力股浮现 除了英维克外，同样"实锤"为英伟达液冷服务器概念的个股还有领益智造等。12月22日晚间，领益智造 发布关于公司签订《股权转让协议》的公告。公告显示，领益智造将以8.75亿元取得对东莞市立敏达电 子科技有限公司(以下简称"立敏达")的控制权。 公开资料显示，立敏达为英伟达AVL/RVL认证供应商，提供液冷板(Liquid Cooling Plate)及内部液冷歧 管(Inner Manifold)、快接头(UQD/MQD)、液冷歧管(Manifold)等。今年8月，立敏达加入由英特尔牵头 的通用快接头互插互换联盟，与其他品牌的产品实现"互插互换"，为数据中心客户提供了更大的灵活性 和选择空间。 公司收购公告称，与立敏达签订协议将有助于公司快速获得境内外特定客户服务器液冷散热业务的技术 储备与客户认证资质，并降低服务器电源相关产品的开发成本和产品验证周期。立敏达可与公司现有服 务器业务形成战略协同效应，有助于进一步丰富公司服务器板块的产品矩阵，提升公司AI硬件服务器 板块的业务规模和盈利能力。 此前，领益智造曾在深交所互动易回复称，公司已成功晋升为AMD核心供应商，也是谷 ...

Group 1: Stock Market Performance - The Shanghai Composite Index has experienced five consecutive days of gains, closing up 0.07% and reaching a new monthly high [2][11] - The technology sector continues to perform well, with lithium battery electrolyte prices surging over 6% and liquid cooling servers seeing gains of over 3% [2][11] - In the liquid cooling server sector, Invec (002837) has hit its daily limit, with a market capitalization exceeding 100 billion yuan, and its stock price has increased over nine times since its low in February 2024 [2][11] Group 2: Invec's Growth Potential - Invec's stock price surge is attributed to its association with NVIDIA's liquid cooling server concept, and it has entered NVIDIA's RVL list, indicating potential supply chain opportunities [2][11] - Analysts suggest that Invec could achieve a tenfold increase based on its current price trajectory [2][11] Group 3: Linyi Intelligent Manufacturing's Acquisition - Linyi Intelligent Manufacturing has signed an agreement to acquire control of Dongguan Limin Technology for 875 million yuan, enhancing its capabilities in the liquid cooling server market [4][13] - Limin is recognized as an NVIDIA AVL/RVL certified supplier, providing critical components for liquid cooling systems [4][13] Group 4: Liquid Cooling Server Market Growth - The liquid cooling server market in China is projected to grow at a compound annual growth rate of 47.6% from 2023 to 2028, reaching a market size of 10.2 billion USD by 2028 [5][14] - Analysts recommend focusing on leading companies with technological barriers that can enter domestic and international supply chains, as well as second-tier companies that can leverage the liquid cooling industry for performance growth [5][15] Group 5: 6G as a National Strategy - The Chinese government has elevated 6G and other future industries to a national strategic level, as outlined in the 2025 government work report [6][16] - The U.S. is also actively pursuing 6G standards, with a recent memorandum from President Trump emphasizing the importance of winning the 6G race [7][16] Group 6: Investment in 6G Stocks - Several companies, including Chuangyuan Xinke and Tongyu Communication, are increasing investments in 5G/6G and satellite internet, aligning with national strategic goals [18] - A total of 18 6G concept stocks in the A-share market have seen net purchases from both leveraged and institutional funds since December [18][19] Group 7: Notable 6G Stocks - Companies such as China Mobile, Tianyin Electric, and Zhongcai Technology have received significant net purchases exceeding 1 billion yuan from both leveraged and institutional investors [20]

12月23日，领益智造发布公告，披露公司收购江苏科达斯特恩汽车科技股份有限公司（简称"江苏科达"）控制权的最新进展。目前，公司已完成相关交割程 序，以2.4亿元现金成功收购江苏科达60%股权，标的公司正式成为领益智造控股子公司并纳入合并报表范围。 比例保持不变，分别为4.11%、4.11%、2.56%、1.54%；而浙江万里扬企业管理有限公司等其余5名交易对方则通过本次交易完全退出江苏科达股东行列。 领益智造表示，此次完成股权交割后，江苏科达已正式纳入公司合并报表范围，后续将依托双方资源协同，推动相关业务发展。 据悉，此次收购源于领益智造对原购买资产方案的调整。2025年11月7日，领益智造审议通过《关于调整购买资产方案的议案》，决定将原"发行可转换公司 债券及支付现金购买资产并募集配套资金"的方案，调整为以现金方式收购江苏科达控制权，同时向深交所申请撤回原交易申请文件。调整后，交易对方及 收购控制权的核心目标保持不变，仅优化交易作价与支付方式，以更好保障公司及中小股东权益。 2025年12月，领益智造全资子公司领益科技（深圳）有限公司（简称"领益科技"）与江苏科达的6名股东正式签订《资产购买协议》。交易对方 ...

沪指12月23日上涨0.07%，申万所属行业中，今日上涨的有9个，涨幅居前的行业为电力设备、建筑材 料，涨幅分别为1.12%、0.88%。电子行业位居今日涨幅榜第三。跌幅居前的行业为社会服务、美容护 理，跌幅分别为2.07%、1.65%。 资金面上看，两市主力资金全天净流出448.51亿元，今日有4个行业主力资金净流入，电力设备行业主 力资金净流入规模居首，该行业今日上涨1.12%，全天净流入资金37.93亿元，其次是基础化工行业，日 涨幅为0.22%，净流入资金为10.02亿元。 主力资金净流出的行业有27个，国防军工行业主力资金净流出规模居首，全天净流出资金86.98亿元， 其次是通信行业，净流出资金为54.70亿元，净流出资金较多的还有汽车、计算机、电子等行业。 电子行业今日上涨0.58%，全天主力资金净流出41.65亿元，该行业所属的个股共475只，今日上涨的有 183只，涨停的有4只；下跌的有285只，跌停的有1只。以资金流向数据进行统计，该行业资金净流入的 个股有161只，其中，净流入资金超亿元的有18只，净流入资金居首的是工业富联，今日净流入资金 13.04亿元，紧随其后的是寒武纪-U、胜宏科技 ...

浙商证券研报指出，领益智造收购立敏达强化服务器布局，多轮驱动全面打造平台型成长。在收购立敏 达之前，领益本身便已通过内生的方式开启服务器业务的布局，并在重要服务器类客户的电源类与液冷 类业务实现了快速的切入和推进。公司在人形机器人、AI眼镜等新兴产业顺利完成卡位布局。人形机 器人领域，公司拥有伺服电机、减速器、驱动器、运动控制器等执行层的核心技术，已为人形机器人关 键客户提供头部总成、灵巧手总成、四肢总成、高功率充电和散热解决方案等核心硬件，在联合开发和 整机组装有成熟经验，公司确定了"三位一体"的具身智能战略，包括专注核心零部件、总成研发设计； 打造全方位硬件服务；为机器人提供完备的工业应用场景落地开发，致力于成为全球TOP 3的具身智能 硬件制造商。当下市值对应的PE分别为41.10、29.79和24.12倍，维持"买入"评级。 ...

广东领益智造股份有限公司 投资者关系活动记录表 1 / 6 广东领益智造股份有限公司 投资者关系活动记录表 证券代码：002600 证券简称：领益智造 广东领益智造股份有限公司 | | 限公司、东方阿尔法基金管理有限公司、九泰基金管理有限公司、 | | --- | --- | | | 国投证券资产管理有限公司、浙江伟星资产管理有限公司、财通 | | | 证券资产管理有限公司、长城财富保险资产管理股份有限公司、 | | | 上海朴易资产管理有限公司、亚太财产保险有限公司、上海瞰道 | | | 资产管理有限公司、中欧基金、朱雀基金管理有限公司、华西基 | | | 金管理有限责任公司、平安基金管理有限公司、鲍尔赛嘉（上海） | | | 投资管理有限公司、福州开发区三鑫资产管理有限公司、瑞众人 | | | 寿保险有限责任公司、宏利、上海鑫垣私募基金管理有限公司、 | | | 瀚川投资管理（珠海）有限公司 Octo Rivers、上海复胜资产管理 | | | 合伙企业（有限合伙）、长城财富保险资产管理、度势投资、博 | | | 裕、上海汽车集团金控管理有限公司、财通资管、东海基金管理 | | | 有限责任公司、摩根基金 ...

银河证券表示，消费电子终端开始对存储成本上涨做出调价反应，关注价格传导效果。持续关注消费电 子AI+，其中的重要环节将是大模型与各应用如何建立生态合作关系。智能眼镜持续创新，显示是AR 眼镜的重要环节。 12月23日午后，A股三大指数集体上涨，上证指数盘中上涨0.24%，精细化工、林木、半导体等板块涨 幅靠前，教育、航天军工跌幅居前。消费电子个股分化，截至13:37，消费电子ETF（159732）上涨 0.09%，其成分股胜宏科技上涨3.75%，纳芯微上涨2.94%，安克创新上涨2.92%，欣旺达上涨2.56%。然 而，环旭电子、领益智造等表现不佳，其涨跌幅分别是-4.38%、-4.01%。 12月18日，AR眼镜厂商XREAL正式发布新品XREAL 1S，面向更广泛的年轻消费群体，主打"一副眼 镜，开启500英寸随身空间巨幕时代"。此外，Counterpoint预计受存储成本上升影响，2026年全球智能 手机出货量预期将年减2.1%。 消费电子ETF（159732）跟踪国证消费电子指数，主要投资于业务涉及消费电子产业的50家A股上市公 司，行业主要分布于电子制造、半导体、光学光电子等市场关注度较高的主流板块 ...

Group 1: Electronic ETF Performance - The electronic ETF (515260) showed stable performance with an intraday increase of 1.23%, currently up by 0.77% [1] - Notable performers among constituent stocks include North Huachuang, Industrial Fulian, and Shenghong Technology, with increases of 4.72%, 4.11%, and 3.64% respectively [1] - Conversely, Lingyi iTech, Zhaosheng Micro, and Transsion Holdings experienced declines of 4.64%, 2.44%, and 2.39% respectively [1] Group 2: Semiconductor Industry Insights - Moore Threads announced multiple key domestic GPU technology achievements at its first developer conference, achieving breakthroughs in training and inference [3] - The National Big Fund Phase III has recently invested in the semiconductor industry chain, further promoting the construction of the domestic chip ecosystem [3] - Global semiconductor equipment sales are projected to reach $133 billion in 2025, a 13.7% year-on-year increase, with expectations for continued growth in 2026 and 2027 driven by AI-related investments [3] - The domestic integrated circuit manufacturing industry saw a value-added growth of 32.4% in November, with domestic GPU companies going public and upstream localization accelerating [3] Group 3: Market Trends and Recommendations - Micron's Q1 FY2026 performance exceeded expectations, driven by surging storage demand due to the AI wave, with revenue reaching $13.64 billion, a 57% year-on-year increase [3] - The electronic industry is experiencing a sustained recovery in demand, effective supply clearance, and rising storage chip prices, with domestic production efforts exceeding expectations [3] - Recommendations include focusing on structural opportunities in AI computing power, AIOT, semiconductor equipment, key components, and rising storage prices [3] Group 4: Electronic Index Composition - The electronic ETF and its linked funds passively track the Electronic 50 Index, with the top ten weighted stocks including Luxshare Precision, Cambricon, Industrial Fulian, SMIC, Haiguang Information, North Huachuang, Shenghong Technology, Zhongke Shuguang, BOE A, and Lianqi Technology [4]

Group 1 - The electronic ETF (515260) showed stable performance with an intraday peak increase of 1.23%, currently up by 0.77% [1] - Among the constituent stocks, North Huachuang, Industrial Fulian, and Shenghong Technology had the most significant gains, with increases of 4.72%, 4.11%, and 3.64% respectively [1] - Conversely, Lingyi iTech, Zhaosheng Micro, and Transsion Holdings experienced declines, with drops of 4.64%, 2.44%, and 2.39% respectively [1] Group 2 - Moore Threads announced multiple key domestic GPU technology achievements at its first developer conference, achieving breakthroughs in both training and inference [3] - The National Big Fund Phase III has recently invested in the semiconductor industry chain, further promoting the construction of the domestic chip ecosystem [3] - According to Galaxy Securities, global semiconductor equipment sales are expected to reach $133 billion in 2025, a 13.7% year-on-year increase, with further growth anticipated in 2026 and 2027 driven by AI-related investments [3] - The domestic integrated circuit manufacturing industry saw a value-added growth of 32.4% in November, with domestic GPU companies going public and upstream localization processes accelerating [3] Group 3 - Micron's Q1 FY2026 performance exceeded expectations, driven by the ongoing AI wave, with revenue reaching $13.64 billion, a 57% year-on-year increase, and projected revenue for the next quarter expected to rise to $18.7 billion [3] - The current electronic industry demand is recovering, with effective supply clearing and rising storage chip prices, alongside unexpected progress in domestic production [3] - Recommendations include focusing on structural opportunities in AI computing power, AIOT, semiconductor equipment, key components, and rising storage prices [3] Group 4 - The electronic ETF (515260) and its linked funds (Link A: 012550, Link C: 012551) passively track the electronic 50 index, with the top ten weighted stocks including Luxshare Precision, Cambricon, Industrial Fulian, SMIC, Haiguang Information, North Huachuang, Shenghong Technology, Zhongke Shuguang, BOE A, and Lanke Technology [4]

Group 1 - The core point of the article is that Lingyi Zhizao announced the acquisition of a 35% stake in Dongguan Liminda Electronic Technology Co., Ltd. for 875 million yuan, gaining control over 52.78% of the voting rights [1] - Liminda specializes in thermal management solutions and electronic components, with products including liquid cooling connectors and modules, and has become a certified supplier for NVIDIA [1] - The acquisition was valued at 34 times, with an assessed equity value of 2.51 billion yuan, reflecting a significant increase in value compared to the audited financial statements [1] Group 2 - Lingyi Zhizao, established in 2006, is a key supplier in the AI terminal hardware sector, with a diverse product range including AI smartphones, tablets, and thermal management solutions [2] - This acquisition marks Lingyi Zhizao's entry into the AI server liquid cooling market, aiming to enhance technical reserves and customer certifications while reducing development costs [3] - The company has also made a recent acquisition in the automotive sector, purchasing a 60% stake in Jiangsu Keda for 240 million yuan, furthering its strategy to penetrate the automotive market [3] - Lingyi Zhizao aims to diversify its business to sustain revenue growth, with projected revenues of 34.49 billion yuan in 2022, 34.12 billion yuan in 2023, and 44.21 billion yuan in 2024 [3] - For the first three quarters of 2025, the company reported revenues of 37.59 billion yuan, a year-on-year increase of 19.39%, and a net profit of 1.94 billion yuan, up 38.17% from the previous year [3]