Core Viewpoint - Jiangsu Changling Hydraulic Co., Ltd. experienced a significant stock price fluctuation, with a cumulative increase of 20% over three consecutive trading days, indicating abnormal volatility [1] Company Operations - The company confirmed that its main business remains unchanged and production operations are normal [1] Shareholding Changes - On July 10, 2025, Corexin Tingtao and Chenglian Shuangying planned to acquire a total of 43,211,714 shares from Xia Jifa and Xia Zemin, representing 29.99% of the total shares - Corexin Polang intends to make a tender offer for 17,290,448 shares, accounting for 12.00% of the total shares - Following the completion of these transactions, the actual controller of the company will change, although the completion of the transaction is still uncertain [1] Market Risk Advisory - The company has reminded investors to be aware of risks in the secondary market and to invest rationally [1]

Group 1 - The company has developed a diamond-copper hybrid heat dissipation product, which shows a significant improvement in thermal conductivity compared to pure copper [2] - The thermal conductivity of diamond-copper is approximately 800 W/m·K, while that of copper is about 400 W/m·K, indicating a 100% increase in efficiency [2] - The company has been questioned about the price increase of pure copper and its impact on the new product's competitiveness [2]

Group 1 - The company Best (300580.SZ) has confirmed through its subsidiary Yuhua Precision Machinery that it is actively involved in the linear motion components sector, which includes products such as high-precision ball screw assemblies, high-precision linear guideways, planetary roller screws, micro screws, and linear actuators [2] - The company is targeting high-end equipment manufacturing, automation, humanoid robotics, and intelligent connected vehicles as key growth areas for its product offerings [2]

Core Viewpoint - The announcement highlights the recent pledge and unpledge of shares by the shareholder Zhongke Industrial, indicating a stable financial situation and no impact on the company's control or operations [1] Group 1: Shareholding and Pledge Details - Zhongke Industrial has completed the pledge of 3.5 million shares and the unpledge of 3.63 million shares [1] - As of the announcement date, Zhongke Industrial and its concerted party, Fuaan Holdings, hold a total of 172,403,983 shares, representing 53.80% of the total share capital [1] - A total of 130,781,000 shares have been pledged, which accounts for 75.86% of their holdings and 40.81% of the company's total share capital [1] Group 2: Risk Assessment and Impact - Zhongke Industrial has a good credit standing, and the risks associated with the current pledge are considered controllable [1] - The share pledge will not lead to any changes in the company's actual control or affect its business and financing aspects [1] - The company will continue to monitor the share pledge situation and disclose updates in a timely manner [1]

Group 1 - The company is currently focusing on cold plate technology in the liquid cooling field while actively promoting the research and application of immersion cooling technology [2] - The company aims to continuously align with market demands and choose development directions that are in line with industry trends and suitable for its own growth [2]

Core Viewpoint - The company focuses on the research and manufacturing of high-end fluid machinery components and complete equipment, including compressors, vacuum pumps, and hydraulic pumps [1] Company Overview - The precision transmission component business segment was divested in November 2022, and the company is no longer engaged in the production of ball screws [1]

Core Viewpoint - Anhui Yingliu Electromechanical Co., Ltd. announced the issuance of 1.5 billion yuan convertible bonds, which has been approved by the China Securities Regulatory Commission [1] Group 1: Bond Issuance Details - The company plans to issue 1.5 billion yuan of convertible bonds, referred to as "Yingliu Convertible Bonds" with the code "113697" [1] - The preferential subscription date for existing shareholders and payment date is set for September 19, with a preferential subscription ratio of 0.002209 shares per share [1] - The public subscription date for social investors is also on September 19, with a minimum subscription of 1 lot and a maximum of 1000 lots [1] Group 2: Subscription Conditions - If the subscription amount is less than 70% of the issuance quantity, the issuance may be negotiated for suspension [1] - The lead underwriter for this issuance is Huatai United Securities, which will underwrite up to 30% of the remaining amount [1] - Investors can find relevant information on the Shanghai Stock Exchange website [1]

Core Viewpoint - The company is focusing on liquid cooling technology, primarily using cold plate solutions while also advancing research and application of immersion cooling technologies [1] Group 1 - The company is actively responding to market demands and is committed to selecting industry trends that align with its development direction [1] - The company aims to steadily advance its initiatives in the liquid cooling sector [1]

Group 1 - The company Best (300580) announced on September 18 that its wholly-owned subsidiary Yuhua Precision Machinery is fully laying out the linear motion components sector [1] - The product offerings include high-precision ball screw assemblies, high-precision linear guide assemblies, planetary roller screw assemblies, micro screws, and linear actuators [1] - The company aims to vigorously expand into mid-to-high-end equipment manufacturing, automation, humanoid robotics, and intelligent connected vehicles industries [1]

Group 1 - The company has not yet established cooperation with domestic humanoid robot enterprises [1] - The company is focused on the technological development in the robotics field [1] - The company is actively exploring the potential application of dynamic pressure oil film sliding bearings in robotics [1]