（文章来源：每日经济新闻） 每经AI快讯，9月22日，液冷服务器概念反复走强，工业富联涨近5%，续创历史新高，此前海鸥股份4 天3板，英维克、盾安环境、思泉新材、申菱环境等跟涨。 ...

Group 1 - The company held an investor meeting on September 19, 2025, to discuss business transformation and new field exploration, with key executives present [1] - The company is focused on high-quality development in home appliance structural components, accelerating growth in automotive structural components, and expanding into new energy and healthcare sectors [1] - In the first half of 2025, the new energy business generated revenue of 402 million, a year-on-year increase of 177.09%, while the automotive business achieved revenue of 507 million, up 24.30%, indicating significant progress in business transformation [1] Group 2 - The company is currently exploring liquid cooling server products and conducting market research to identify application opportunities [2] - In the robotics sector, the company is developing lightweight structural components and exterior covers for humanoid and quadruped robots, engaging in discussions with various robotics companies [2] Group 3 - The company adheres to the principle of fair disclosure regarding shareholder information, stating that shareholders can request information by contacting the securities department [3]

Core Viewpoint - The company, Jieban Technology, is experiencing growth in its liquid cooling server business and has significant reliance on major clients like Foxconn and Apple, while also benefiting from the depreciation of the Chinese yuan. Group 1: Company Performance - Jieban Technology's stock rose by 2.11% on September 19, with a trading volume of 367 million yuan and a market capitalization of 8.093 billion yuan [1] - For the first half of 2025, the company achieved a revenue of 438 million yuan, representing a year-on-year growth of 27.51%, while the net profit attributable to shareholders was -38.02 million yuan, a decrease of 572.70% [7] - The company's overseas revenue accounted for 67.79% of total revenue, benefiting from the depreciation of the yuan [3] Group 2: Client and Product Dependency - The company's liquid cooling server business is progressing as planned, but specific project details are confidential due to non-disclosure agreements with clients [2] - Major clients include Foxconn, Quanta Computer, Compal Electronics, and BYD, with sales to Foxconn accounting for 35.58%, 36.85%, and 39.52% of total revenue in recent periods [2] - A significant portion of the company's products is used in Apple's laptops and tablets, with sales to Apple products making up 85.22%, 77.95%, and 81.27% of total revenue [2] Group 3: Product and Market Segments - The company's carbon nanotube products, primarily conductive pastes, are used in power lithium batteries and consumer energy storage batteries, with supply to major new energy manufacturers like CATL and BYD [2] - Jieban Technology's main business revenue composition includes precision manufacturing products at 92.70%, new materials at 5.79%, and other services at 1.51% [7] Group 4: Shareholder and Market Activity - As of June 30, 2025, the number of shareholders decreased by 4.32% to 6,616, while the average circulating shares per person increased by 4.52% to 4,062 shares [7] - The top ten circulating shareholders include institutions like Bosera and Yinhua, with notable changes in their holdings [9]

Group 1 - The company, Xinte Electric, has responded to investor inquiries regarding the application of its energy storage batteries in liquid cooling servers, highlighting the growing demand for liquid cooling in the context of artificial intelligence development [2] - Xinte Electric's product offerings in the liquid cooling sector include liquid cooling battery PACK, liquid cooling PCS, and integrated liquid cooling energy storage systems, primarily aimed at the energy storage field [2]

Group 1 - The liquid cooling server sector has seen a rise in stock prices, indicating growing interest and potential in this market [1] - Companies such as Bojie Co., Ltd. (002975), Far East Holdings Group Co., Ltd. (600869), Dayuan Pump Industry Co., Ltd. (603757), and Hengtong Optic-Electric Co., Ltd. (600487) have reached their daily price limit [1] - Zhongke Shuguang (603019) has achieved a new intraday high in its stock price, reflecting strong market performance [1]

Group 1 - The liquid cooling server concept continues to show strong performance in the early trading session, with Yinlun Co., Ltd. achieving two consecutive trading limits and reaching a historical high [1] - Zhongshi Technology has seen an increase of over 10% in its stock price, indicating strong market interest [1] - Other companies such as Hongfuhang, Chunzhong Technology, Feirongda, and Tongxing Technology also experienced stock price increases, reflecting a broader trend in the industry [1]

各位老铁，我是帮主郑重！今儿一早A股开盘，这盘面可有点意思——外围市场昨晚闹腾得欢，咱们自己的消息面也有新动静，技术面还出现了个关键信 号。别急，咱一个一个掰开揉碎了聊。 先看外围市场，欧美那边有点"冰火两重天"。欧洲股市昨天集体跌得挺狠，德国DAX30直接砸了1.66%，法国、英国也跟跌，主要是被美联储降息预期和地 缘风险压着。但亚太市场就不一样了，台湾、马来西亚、澳大利亚都红盘，印度孟买指数还创了新高，港股恒生科技指数涨了0.46%，这说明亚洲资金对科 技股还是挺有信心的。这种分化对咱A股来说，开盘可能会先承压，但后续得看内资的承接力度。 资金流向是个风向标。北向资金最近连续净流入，重点加仓半导体、消费电子这些科技板块，但今儿早盘沪股通净流出，深股通净流入，说明外资在调仓， 可能从大盘蓝筹转向成长股。主力资金昨儿扎堆机器人、液冷服务器和AI硬件，像福龙马、中际旭创这些龙头股，分时图上资金进出特别活跃。不过要注 意，要是北向资金单日净流出超过50亿，可能会触发技术性抛压。 市场情绪这两天明显回暖，昨儿全市场超3600只股票上涨，涨停家数也多了起来，但跌停股还有那么几家，说明资金还是有点犹豫。今儿得盯着机器人 ...

Core Viewpoint - The A-share market experienced a rebound in the afternoon session, with all three major indices turning positive after a period of decline [1] Market Performance - As of the report, the Shanghai Composite Index rose by 0.11%, the Shenzhen Component Index increased by 0.28%, and the ChiNext Index gained 0.32% [1] - Prior to the recovery, the indices had dropped nearly 1.5% [1] Sector Highlights - The leading sectors included robotics and liquid-cooled servers, which contributed significantly to the market's upward movement [1] - More than 3,400 stocks across the market saw gains [1]

Core Viewpoint - The stock market is experiencing fluctuations, but there is a positive trend in certain indices, particularly the Sci-Tech 50 Index, which rose by 1.52% amidst a broader market decline [1] Market Performance - As of the midday close, the Shanghai Composite Index fell by 0.1% to 3856.45 points, the Shenzhen Component Index decreased by 0.26%, and the ChiNext Index dropped by 0.32% [1] - The total trading volume across the Shanghai, Shenzhen, and North markets reached 1,498.3 billion yuan [1] Sector Analysis - Sectors such as non-ferrous metals, agriculture, insurance, electricity, and oil saw declines, while logistics, automotive, textiles and apparel, and real estate sectors experienced gains [1] - Emerging concepts like humanoid robots, brain engineering, and liquid-cooled servers were notably active [1] Investment Sentiment - Xing Shi Investment indicated that the current stock market has a decent reception, with funds actively seeking investment opportunities, maintaining a high level of market confidence and sentiment [1] - The medium-term outlook for the stock market remains positive due to ongoing domestic macro policies and accelerated economic structural transformation, which reduces uncertainty in the economic fundamentals [1] - The decline in risk-free interest rates lowers the opportunity cost of investing in stocks, making equity assets more attractive, coupled with capital market reforms that focus on investor returns, which is expected to improve investor expectations and attract more external funds into the market [1]

Core Viewpoint - The liquid cooling server concept is gaining traction, with several companies experiencing significant stock price increases due to rising demand for AI computing power and the need for efficient cooling solutions [1][3]. Group 1: Market Trends - The global demand for AI computing power is increasing, leading to a shift from traditional air cooling to liquid cooling as the mainstream solution for high-performance chip cooling [3]. - According to a report by CITIC Securities, 2025 is expected to see a significant increase in the penetration of liquid cooling in NVIDIA's AI chips, which will drive market growth [3]. - The China Academy of Information and Communications Technology estimates that the liquid cooling market for intelligent computing centers in China will reach CNY 18.4 billion in 2024, a year-on-year increase of 66.1%, and is projected to reach approximately CNY 130 billion by 2029 [3]. Group 2: Company Developments - Runhe Materials has reported that its cooling liquid products have been mass-produced and are generating sales, with plans to expand production capacity based on customer demand and strategic development [3][4]. - Shenling Environment has indicated that liquid cooling is a key strategic business for the company, with new liquid cooling production lines already in operation [4]. - However, many companies in the domestic liquid cooling industry are still in the early stages of development, with limited revenue from related businesses. For instance, Dayuan Pump Industry reported that its sales revenue from products directly used for data center liquid cooling was only CNY 1.6 million in Q1 2025, accounting for 0.43% of total revenue [4].