Company News - China Merchants Jinling (00978.HK) reported a total contract sales of approximately 32.308 billion yuan for 2025, representing a year-on-year decrease of 23.91% [2] - ZTE Corporation (00763.HK) plans to invest 117 million yuan to subscribe to shares of Jianxing Zhanlu Fund, which aims to support a broader range of innovative businesses and upstream and downstream industry chain enterprises [2] - Cloud Factory (02512.HK) announced that its subsidiary won a bid for the second phase of the artificial intelligence industry base project, with a contract value of 520 million yuan [2] - XPeng Motors-W (09868.HK) delivered 20,011 new vehicles in January [3] - La Jiao Network Entertainment (08172.HK) announced that its subsidiary, La Jiao Zhongbo, received authorization from Ant Group to become the "official service provider" for "Ant Treasure Box" [3] - Jun Dong Holdings (08277.HK) signed a timber harvesting and sales agreement with Jinda Forestry through its subsidiary Hebei Linmu [3] - Global Medical (02666.HK) plans to issue corporate bonds with a total principal amount not exceeding 1 billion yuan [3] - Junsheng Tai Pharmaceutical-B (02511.HK) appointed Dr. Filip Surmont as Chief Medical Officer to strengthen its layout in chronic kidney and metabolic diseases (CKM) [3] - Blue River Holdings (00498.HK) entered into a cooperation framework agreement with Energy Storage Investment Company [3] Financing and Buyback Activities - Junda Co., Ltd. (02865.HK) completed a placement of 18.682 million shares, raising approximately 398 million HKD [4] - Xiaomi Group-W (01810.HK) repurchased 6 million shares for a total of 209 million HKD, with repurchase prices ranging from 34.54 to 35.00 HKD [4] - Country Garden Services (06098.HK) repurchased 1.8 million shares for a total of 11.346 million HKD, with repurchase prices between 6.26 and 6.35 HKD [5] - Vitasoy International (00345.HK) repurchased 1.682 million shares for a total of 11.7363 million HKD, with repurchase prices between 6.89 and 7 HKD [6] - Aikang Medical (01789.HK) plans to use up to 150 million HKD for share buybacks [7]

证券日报网讯2月2日，欣旺达（300207）在互动平台回答投资者提问时表示，公司始终将技术创新与研 发投入视为长期发展的核心驱动力，公司研发投入围绕主营业务与前沿技术布局，旨在构建长期、可持 续的技术和产品竞争力。研发费用方面，各项研发费用的支出均严格按照公司规章制度和内部控制流程 执行，并经过外部审计机构的严格审计。 ...

兴瑞科技公告称，公司于2025年4月审议通过回购股份方案，拟使用6000万-12000万元回购股份用于激 励。因权益分派，回购价格上限由31元/股调整为不超30.60元/股。截至2026年1月31日，公司已回购264 万股，占总股本0.89%，最高成交价24.349元/股，最低成交价16.739元/股，累计支付资金5991.26万元 （不含交易费）。公司后续将继续按方案回购并及时披露。 ...

Major Events - ST Kaiyuan expects a negative net asset value by the end of 2025, which may lead to a delisting risk warning from the Shenzhen Stock Exchange [1] - Changfei Fiber indicates that the global fiber optic cable market is stable, with new products related to data centers representing a small proportion of total demand [1] - Litong Electronics clarifies that its liquid cooling product development is still in the early discussion stage, denying rumors of significant technological breakthroughs [1] Financial Announcements - Shanghai Yizhong reports a net profit of 64.13 million yuan for 2025, a year-on-year increase of 819.42%, driven by the inclusion of its core product in the national medical insurance directory [4] - Lianyun Technology announces a net profit of 142 million yuan for 2025, up 20.36% year-on-year, benefiting from the recovery in the storage industry and the rapid development of AI [5] Share Buybacks - Midea Group has repurchased 0.35% of its shares for a total of 1.998 billion yuan, with share prices ranging from 69.50 to 80.44 yuan [6] - XGIMI Technology plans to repurchase shares worth between 50 million and 100 million yuan for employee stock ownership plans, with a maximum price of 159.51 yuan per share [6] - GoerTek has repurchased 1.14% of its shares for a total of 1.108 billion yuan, with prices between 20.35 and 34.09 yuan [6] Contracts and Projects - Chongqing Construction has won multiple project bids, including a 673 million yuan contract for the Binzhou Qiwo Ecological Circular Industry Park [8] - Jinchengxin has signed a contract for mining and installation works at the Plang Copper Mine, with an estimated total price of 202 million yuan [9] - Far East Holdings reports that its subsidiaries signed contracts worth approximately 3.075 billion yuan in January 2026 [10] - *ST Songfa's subsidiary has signed a significant contract for the construction of a Capesize bulk carrier, valued between 70 to 100 million USD [11]

Core Viewpoint - The company, LITONG Electronics (603629.SH), has clarified that various rumors regarding its liquid cooling technology and other projects are untrue, emphasizing that its research on liquid cooling is still in the early discussion phase and no specific development or production plans exist [1] Group 1: Liquid Cooling Technology - The company has been rumored to have developed a self-researched immersion liquid cooling module compatible with NVIDIA H100/B100 chips, claiming a PUE value as low as 1.09 and a 42% reduction in operational costs; however, the company states that these claims are false [1] - The company asserts that its liquid cooling products are still in the preliminary exploration stage and does not have any specific plans for development or production [1] Group 2: Cloud Computing and AI Projects - There were claims about a "Nebula 2.0" computing scheduling platform achieving a resource utilization rate of 93.2% and a 40% increase in model training efficiency; the company has denied the existence of such a platform [1] - The company was reported to have a project for an AI data center in Podersham, Malaysia, expected to be completed by the end of 2025, with a planned computing pool size of 3000P; the company clarified that this project does not exist [1] - Additionally, rumors about signing a $300 million contract for exporting computing equipment to Indonesia and Thailand were also denied by the company [1]

关于网传的"星云2.0算力调度平台资源利用率达93.2%，模型训练效率提升40%。""东南亚布局:马来西 亚波德申AI数据中心项目预计2025年底建成，规划东南亚算力池规模3000P。""设备出口:签订3亿美元 海外算力设备合同，覆盖印尼、泰国节点。"公司澄清如下：(1)公司无星云算力调度平台，以上传闻不 实。(2)公司无马来西亚波德申AI数据中心项目，以上传闻不实。(3)公司并未有设备出口至印尼、泰 国，签订3亿美元海外算力设备合同，以上传闻不实。 利通电子（603629）(603629.SH)发布股价异动公告称，关于网传的"液冷技术突破:自研浸没式液冷模组 适配英伟达H100/B100芯片，PUE值低至1.09，运维成本下降42%。"、"利通电子拥有自研的液冷技术 (PUE值低于行业平均)，能帮助解决数据中心高能耗的痛点，提升资源利用率。"公司澄清如下：公司液 冷产品的研发尚处于前期探讨阶段，公司目前并无相关液冷产品的具体开发与生产计划，以上传闻不 实。 ...

Core Viewpoint - Shenzhen Investment Holdings Co., Ltd. announced that its subsidiary, Infitop, along with its wholly-owned subsidiaries, has experienced partial debt defaults totaling 85.14 million yuan as of January 27, 2026 [1] Group 1: Debt Defaults - Infitop and its subsidiaries have overdue debts, with a total overdue principal and unpaid interest amounting to 85.14 million yuan [1] - Infitop has provided joint liability guarantees for bank loans taken by its subsidiaries, with overdue amounts reaching 44.12 million yuan [1] Group 2: Communication with Creditors - Infitop is actively communicating with creditors to explore feasible solutions to address the overdue debts [1]

Core Viewpoint - The company, Xinle Energy, emphasizes the extensive application of its products across various sectors, highlighting their critical role in high-reliability and high-tech fields [1] Group 1: Product Applications - The company's products are widely used in aviation, aerospace, communication, data centers, railways, and shipping [1] - These products serve as a foundation for electronic and electromechanical devices [1] - The importance of these products is particularly pronounced in high-reliability and high-technology areas, where they play an irreplaceable role [1]

每经AI快讯，2月2日，利通电子（603629）(603629.SH)发布异动公告。关于网传的"利通电子拥有自研 的液冷技术(PUE值低于行业平均)，能帮助解决数据中心高能耗的痛点，提升资源利用率"等，公司澄清 如下：公司液冷产品的研发尚处于前期探讨阶段，公司目前并无相关液冷产品的具体开发与生产计划， 以上传闻不实。关于网传的"星云2.0算力调度平台资源利用率达93.2%，模型训练效率提升40%""东南亚 布局:马来西亚波德申AI数据中心项目预计2025年底建成，规划东南亚算力池规模3000P""设备出口:签 订3亿美元海外算力设备合同，覆盖印尼、泰国节点"等内容，公司澄清如下：公司无星云算力调度平 台，无马来西亚波德申AI数据中心项目，并未有设备出口至印尼、泰国或签订3亿美元海外算力设备合 同，以上传闻不实。 ...

关于网传的"星云2.0算力调度平台资源利用率达93.2%，模型训练效率提升40%。""东南亚布局:马来西 亚波德申AI数据中心项目预计2025年底建成，规划东南亚算力池规模3000P。""设备出口:签订3亿美元 海外算力设备合同，覆盖印尼、泰国节点。"公司澄清如下：(1)公司无星云算力调度平台，以上传闻不 实。(2)公司无马来西亚波德申AI数据中心项目，以上传闻不实。(3)公司并未有设备出口至印尼、泰 国，签订3亿美元海外算力设备合同，以上传闻不实。 智通财经APP讯，利通电子(603629.SH)发布股价异动公告称，关于网传的"液冷技术突破:自研浸没式液 冷模组适配英伟达H100/B100芯片，PUE值低至1.09，运维成本下降42%。"、"利通电子拥有自研的液 冷技术(PUE值低于行业平均)，能帮助解决数据中心高能耗的痛点，提升资源利用率。"公司澄清如下： 公司液冷产品的研发尚处于前期探讨阶段，公司目前并无相关液冷产品的具体开发与生产计划，以上传 闻不实。 ...